Daily
Suncorp unveils executive changes with new consumer, commercial functions
09 August 2023
Suncorp announced today key operational changes that will see CEO Insurance Product Portfolio Lisa Harrison and EGM Commercial Insurance Michael Miller taking up new roles in the business...
Suncorp posts strong earnings
09 August 2023
Suncorp earnings rose sharply in the last financial year, underpinned by its core insurance operations as the business pushed through price rises in the face of increased claims and hazards expenses as well as other cost pressures...
Argis Underwriting secures new farm capacity
09 August 2023
Argis Underwriting says it is once again arranging cover for Australian farm risks after securing new capacity with Newcastle-based Pacific International Insurance, which is owned by South Africa’s Badger International...
INsight podcast: bombs away as inquiry terms launched
09 August 2023
The terms of reference for the parliamentary inquiry into insurers' response to last year's floods are the main topic of conversation on the latest edition of the Insurance News podcast...
‘Complex and unaffordable’: consumers press reforms
08 August 2023
Home and contents policies need to be “simpler and fairer”, insurers should be proactive on underinsurance and more assistance for low-income households is needed as customers struggle to access and afford cover in a changing climate, consumer groups say in a report released today...
PSC acquires Australian underwriting agency
08 August 2023
PSC Insurance Group has announced an agreement to acquire Ensurance, an underwriting agency specialising in professional and financial lines...
French firm takes stake in ANA Chartered Loss Adjusters
08 August 2023
ANA Chartered Loss Adjusters will rebrand as vrs ANA and be part of the Adenes Group after selling a minority stake to French loss adjuster vrs Vering...
Policyholder wins dispute over 'misrepresented' driving history
08 August 2023
A complainant who had his claim denied after failing to provide additional information relating to licence suspensions will be covered for his losses after a dispute ruling found in his favour...
'All clients deserve to know’: Trowbridge stands by position on commissions
04 August 2023
Expert industry consultant John Trowbridge says commissions earned by brokers should always be disclosed to commercial clients – as he recommended in a report two years ago...
icare board set for change after NSW passes reform bill
04 August 2023
The NSW Government is set to appoint employer and employee representatives to the icare board after the state parliament passed legislation introducing governance reforms...
Auckland flood losses near $1.9 billion: Perils
04 August 2023
Swiss catastrophe data firm Perils has lifted its loss estimate for the New Zealand flood catastrophe that struck Auckland and neighbouring regions in late January to $NZ1.995 billion ($1.853 billion)...
Vehicle owner not covered for mysterious car theft
04 August 2023
The owner of a 1972 Holden Torana who alleged that his vehicle had been stolen while stored at a repair shop has lost his claims dispute after failing to show he incurred the loss while he had been insured...
Floods inquiry terms of reference puts focus on claims
03 August 2023
Claims handling issues, internal dispute resolution, cover affordability and land-use planning will be among areas examined by a federal parliamentary inquiry into insurer responses to last year’s flooding, terms of reference released today say...
Claims inflation still a challenge: S&P
03 August 2023
S&P Global Ratings has released its mid-year insurance outlook for Australia and the broader Asia-Pacific region...
Australasia Underwriting announces key appointment
03 August 2023
Australasia Underwriting has welcomed Derek Harding to its leadership team to focus on widening the product offering within the Property & General Liability sectors...
Insured loses claim dispute after father's death ends holiday
03 August 2023
A traveller who was forced to cancel his trip early due to his father’s death overseas has lost his claims dispute...
Court backs local council in defects exclusion dispute
02 August 2023
A New Zealand council has won a court battle with its insurer over a defects exclusion after the owners of the Waterfront Apartment complex in Napier took action against the local government due to building failings...
Cornerstone acquires Professional Insurance Agencies
02 August 2023
Cornerstone Risk Group, a member of Resilium Partners, has extended its reach in Queensland with the acquisition of Brisbane-based Professional Insurance Agencies...
Chubb names new P&C heads
02 August 2023
Chubb has promoted Hayden Baker to the role of Head of Property & Casualty Australia & New Zealand, replacing Chris Gough who takes the role of Head of P&C Asia...
INsight podcast: time to stop building on floodplains
02 August 2023
Building on floodplains - and why it has to stop - is the main topic of discussion on the latest Insurance News podcast...