Daily

Industry at ‘inflection point’: McKinsey report

07 November 2023

Rising take up of electric vehicles is just one of many challenges facing property and casualty insurers in Australia and other developed markets in Asia, consultancy McKinsey says in its latest report on the sector...

NSW Government launches icare operational review

07 November 2023

The NSW Government says a review of icare operations will include scrutiny of the number of senior executives and their remuneration as it looks “to cut excessive spending, waste and salary costs”...

Allianz teams with Coalition on cyber cover

07 November 2023

San Francisco-based Coalition has launched Allianz-backed Active Cyber Insurance in Australia, which it says is designed to prevent digital risk and combines assessment, protection and response...

Tasmania fire levy reform plans spark local government anger

03 November 2023

The Tasmanian Government’s proposed emergency services funding reforms, which include abolishing a levy on business insurance policies, have sparked anger from local governments concerned about rising taxes for property owners...

Howden acquires 100% of Perth brokerage

03 November 2023

Howden has acquired full ownership of Perth-headquartered Unicorn Risk Solutions after taking a minority stake in the general insurance broker last year...