‘Default target’: industry not cause of rising premiums, says Marsh
18 July 2024
A Senate committee inquiry examining the impact of climate risk on insurance premiums must “ask systemic questions”, Marsh says...
Daily
'Wake up': crash claim denied morning after sleeping pill
18 July 2024
New Zealand's Insurance & Financial Services Ombudsman Scheme has warned drivers who take medication such as sleeping pills to wake up to policy wording issues after an insurer initially declined a driver’s accident claim...
Claims handling technology in focus at tech seminar
18 July 2024
Industry experts will scrutinise what technology really offers in improving claims management at next month’s Insurance News technology conference...
FM Global aims to strengthen position through rebrand
18 July 2024
Commercial property insurer FM Global says uniting its businesses under a new FM brand and logo will help strengthen its market position, including in Australia where it now writes more than $500 million in premium...
Chubb appoints Australia country president as Kelaher moves to Paris
17 July 2024
Chubb Asia-Pacific EVP and head of consumer Ben Howell has been appointed country president of Australia and New Zealand and is expected to start on September 1, pending regulatory approval...
APRA industry performance reports to resume next month
17 July 2024
The Australian Prudential Regulation Authority is set to resume publishing its quarterly general and life insurance statistics reports next month, after consulting with stakeholders over new accounting standards...
NIBA crowns top Queensland brokers
17 July 2024
The National Insurance Brokers Association today named its Queensland award winners at a gala lunch at Brisbane’s Royal International Convention attended by almost 400 professionals...
INsight podcast: insuring the metaverse
17 July 2024
The opportunity to insure the metaverse is one of the main talking points on the latest episode of the Insurance News podcast...
Underwriting agency launches with Mitsui Sumitomo backing
16 July 2024
APRA-regulated insurer Mitsui Sumitomo Insurance has expanded in the Australian underwriting agency market by signing a multiyear partnership with Haven Underwriting, a new agency providing commercial cover...
Health fund expands distribution deal with Allianz
16 July 2024
Non-profit health fund HCF has started offering home and motor insurance products under an expanded partnership with Allianz...
Ex-judge to probe NSW regulator’s complaints handling
16 July 2024
An independent inquiry into the complaints handling process at NSW’s State Insurance Regulatory Authority has been launched...
ICNZ calls for bold adaptation plan to counter climate threat
16 July 2024
The Insurance Council of New Zealand has pressed for the development of “ambitious adaptation goals” in a presentation to a parliamentary inquiry...
NIBA reveals WA broker award winners
12 July 2024
EBM Insurance & Risk regional director Chelsey Harris has been named this year’s WA broker of the year and Knightcorp Insurance Brokers commercial manager Nikita Willis is the state's young broker award winner....
Australian broking giants debut in global top 20
12 July 2024
Steadfast and AUB have made AM Best’s top 20 global insurance brokers list for the first time, placing 17th and 18th respectively...
Crash drivers battle it out after insurer rejects $29k credit hire bill
12 July 2024
A dispute over a $29,000 hire car bill will continue in the courts after an appeal judge rejected an earlier decision saddling an at-fault driver with the cost...
Consumer lobby calls for industry-funded mitigation program
12 July 2024
Insurers should consider “out of the box” solutions to affordability and availability problems, such as creating an industry fund for resilience and mitigation efforts, a consumer group says...
Chubb names new Asia-Pacific head as McNamee promoted
11 July 2024
Chubb has appointed Marcos Gunn as regional president for Asia-Pacific, with responsibility for the general insurance business in Australia, New Zealand and 11 other markets...
QBE uses ‘valuable insights’ from 2022 floods to bolster claims support
11 July 2024
QBE has invested in several initiatives to strengthen its claims handling functions in response to the 2022 record floods...
Last chance to secure early bird tickets for Insurance News tech conference
11 July 2024
Tomorrow is the final chance to secure discounted early bird tickets for the upcoming Insurance News Moving Forward Faster technology seminar...
Cracking claim dispute ends in win for homeowner
11 July 2024
A homeowner who claimed for damage caused by ground movement stemming from a leaking pipe will be mostly covered following an Australian Financial Complaints Authority ruling...