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Hard market, pandemic increasing challenges: Gallagher

28 September 2020

Hard market conditions and the impacts of the coronavirus outbreak are presenting challenges for businesses seeking renewed or expanded insurance cover, Gallagher says in a fourth quarter report...

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Travel insurance premiums ‘in negative territory’

28 September 2020

Travel is the insurance line suffering most from the COVID-19 pandemic, according to the annual Radar report from actuaries Taylor Fry...

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Casino BI lawsuit: insurers say COVID was excluded

28 September 2020

Chubb and other insurers have filed a concise statement to the Federal Court outlining the reasons why The Star Entertainment Group’s claim for business interruption losses was denied...

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FM Global warns against risk management cutbacks

28 September 2020

Businesses must not put off risk management processes to save cash during the COVID-19 pandemic, insurer FM Global warns...

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Restrictions spark dramatic decline in vehicle theft

28 September 2020

The coronavirus pandemic and associated restrictions have led to a significant decline in vehicle theft...

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Finity sees merit in government-backed pandemic cover

28 September 2020

A government-back insurance solution for pandemic risk would have merit for a number of reasons, Finity says in a report for the Insurance Council of Australia...

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Beaten only by the banks: insurance records 15,665 complaints

28 September 2020

The Australian Financial Complaints Authority received 15,665 disputes involving general insurers in the last financial year, second only to banks who had 28,176 cases filed against them...

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Natural hazard risk past tipping point, royal commission told

28 September 2020

The escalating risk from natural hazards anticipated for years in Australia is now manifest and is outstripping the nation’s preparedness to manage the fallout, a Royal Commission hearing was told last week...

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