09 August 2024
QBE says net profit doubled to $US802 million ($1.22 billion) in the first half, and the company also flagged today that a multi-year push to refine the business and exit underperforming areas is reaching a conclusion...
09 August 2024
Home insurance rate rises may have peaked, a Senate inquiry heard today, as the industry explained the challenges of pricing exposures in the face of increased extreme weather events...
09 August 2024
A homeowner who bought flood cover days before his house was inundated will be paid for his losses after his insurer failed to show the damage occurred within an uninsured period...
09 August 2024
Mitsui Sumitomo Insurance has appointed David Hall as head of distribution and says it is looking to engage more with underwriting agencies as “a key pillar of its growth strategy”...
08 August 2024
Reinsurers have avoided a surge in severe convective storm losses after reducing their exposure to frequent secondary perils, S&P Global Ratings says...
08 August 2024
E-bikes and other e-mobility devices powered by lithium-ion batteries must comply with new safety standards from February, the NSW government announced today, as insurers backed the move...
08 August 2024
A car owner who failed to tell his insurer about a criminal conviction for drug possession will have his theft claim assessed after the dispute authority found his misrepresentation did not warrant a policy breach...
08 August 2024
The federal government's flood inquiry is the main topic of conversation on the latest episode of the Insurance News podcast...
07 August 2024
QBE has appointed New Zealand and Pacific CEO and MD Declan Moore as its new Australia Pacific chief governance and executive operations officer...
07 August 2024
Advanced technology will augment the insurance workplace and improve services without replacing industry workers, QBE Ventures expert Alex Taylor says...
07 August 2024
The Australian Institute of Building Surveyors has questioned a Cladding Safety Victoria report that blamed the profession and other construction practitioners for the state’s cladding crisis...
07 August 2024
A traveller who cancelled a flight to Tel Aviv last October due to the Israel-Gaza conflict has failed to have his losses covered because of a war exclusion, despite arguing he was misled about the policy...
06 August 2024
The National Insurance Brokers Association has launched its annual member survey, seeking feedback on insurer engagement, expectations and other matters that will shape the industry’s future...
06 August 2024
Actuarial and analytics firm Finity has launched an end-to-end specialist underwriting technology platform following a pilot with a large insurer...
06 August 2024
Loss adjuster Crawford & Company has made key appointments in its Australian construction, property and forensic accounting divisions...
06 August 2024
A policyholder has won an additional $8000 payout and more than 30 days’ accommodation after a lengthy claim dispute over water and mould damage to his apartment...
02 August 2024
icare’s CEO recruitment process will not be affected by consultation over the axing of 130 jobs, the NSW state insurer says...
02 August 2024
Johns Lyng Group will acquire SSKB, a strata management services provider with a portfolio of more than 44,000 lots across 790 schemes in the eastern states...
02 August 2024
Executives from CGU and ZapCentral will face off at the Insurance News insurtech seminar on Tuesday for a debate titled Promise v Reality: Can Technology Really Change a People-Based Industry? ...
02 August 2024
A homeowner who admitted underinsuring his property to cut premium costs has lost a bid to have his fire damage payout increased...