Daily
Lloyd's Mackinnon set for Singapore move to take up expanded role
19 January 2024
Lloyd’s Regional Head of Australia and New Zealand Chris Mackinnon will start a new position on April 1 as Regional Director for the Asia Pacific, Middle East and Africa markets, taking over from Iain Ferguson who is retiring at the end of the year...
ALRC finalises proposals to reform financial laws ‘tangled mess’
19 January 2024
The Australian Law Reform Commission has finalised proposals to revamp “convoluted” financial services laws following the completion of a three-year inquiry...
Canopius pursues regional expansion in professional lines
19 January 2024
Canopius Group has appointed Robert Barnum as Underwriter Professional Lines, Australia and Asia Pacific as the firm looks to expand its operations in the region...
Insurer not required to cover flight cancelled after dog attack
19 January 2024
A man who cancelled his flight after his son was bitten by a dog has lost his claims dispute over his insurer’s decision not to reimburse him...
Cyclone risk firms for next week as coastal threat monitored
18 January 2024
The Bureau of Meteorology has firmed its forecast for a cyclone to form in the Coral Sea early next week, with a Queensland coastal impact remaining a possible path for the potentially damaging system...
Code committee seeks consumer views on expert assessors
18 January 2024
The General Insurance Code Governance Committee is seeking feedback from people who have had experiences with expert assessors for home claims as it inquires into their use following issues identified in a report last year...
Top insurtechs to compete at pitchLIVE in February
18 January 2024
The best insurtech players from Australia and New Zealand will be recognised at a pitch event hosted by Insurtech Australia next month...
Concreter wins dispute over pump damaged in fall
18 January 2024
A concrete pumping contractor who sought cover for damage to his machinery has won his claim dispute after his insurer alleged that he had breached operating standards...
Cyclone set to form near Queensland, severe impact ‘possible’
17 January 2024
A Coral Sea tropical low could develop into a cyclone early next week and affect the Queensland coast, the Bureau of Meteorology warned today...
North Queensland groups call for cyclone pool expansion
17 January 2024
Three North Queensland development bodies have united to demand reforms to the government’s cyclone reinsurance pool – including that damage is covered for seven days after the end of an event...
AIG appoints New Zealand GM
17 January 2024
Liam Pomfret has been promoted to the role of AIG New Zealand GM...
Frozen out: travellers lose compensation bid for covid-disrupted Antarctica trip
17 January 2024
A couple forced to isolate for part of their trip to Antarctica following a covid diagnosis have lost their claims dispute after an Australian Financial Complaints Authority decision found that they did not suffer any financial losses...
‘Quite a gathering’: insurance chiefs head north for government roundtable
16 January 2024
An insurance roundtable hosted by Assistant Treasurer Stephen Jones will take place in Cairns tomorrow, with discussions expected to focus on the response to Cyclone Jasper and subsequent flooding, and the design of the cyclone reinsurance pool...
Cyberattack tops 2024 business worry list: Allianz
16 January 2024
Cyber incidents are the most pressing risk for businesses both in Australia and globally, Allianz’s latest annual risk barometer says...
HDI Global names Tarantino next Singapore MD, appoints liability leader
16 January 2024
HDI Global SE says Regional Underwriting Manager Liability and Cyber, Asia Pacific Alex Tarantino will become Singapore MD from mid-year, following the retirement of Graham Silton...
Boat owner loses liability dispute over son-in-law’s severed finger
16 January 2024
A complainant who claimed for injuries to his son-in-law following a water ski accident will not be covered after a dispute ruling sided with his insurer’s denial...
Claim numbers climbing after eastern states wild weather
15 January 2024
Insurers have received more than 60,000 claims from the storms and flooding that swept across the eastern states from late December to early January and numbers are continuing to climb...
ICNZ announces new CEO, President
15 January 2024
The Insurance Council of New Zealand board has appointed former cabinet minister Kris Faafoi as its new CEO to replace the outgoing Tim Grafton...
Sedgwick makes senior appointment in Australia
15 January 2024
Loss adjuster Sedgwick has appointed Jonathon Vaisey as Head of Major and Complex Loss Property...
Aspen skier loses dispute over costs cover following baggage delay
15 January 2024
A traveller who says he had to spend more than $10,000 on ski trip clothing and other items after his baggage was delayed has lost a dispute over his insurer’s decision to provide limited cover for the expenses...