09 December 2024
The industry booked an insurance service profit of $2.21 billion and after-tax profit of $2.08 billion in the September quarter, up from $2.18 billion and $1.54 billion in the preceding quarter, prudential data shows...
09 December 2024
Australian business leaders say economic downturn, inflation and shortages in energy, food and labour are their greatest fears over the next two years, according to a World Economic Forum survey...
09 December 2024
Australian insurers’ gross written premium is expected to grow by “mid to high single digits” as companies raise rates to cover increased claims and natural hazard allowances, Fitch Ratings says...
09 December 2024
Ongoing scrutiny around strata insurance makes the cover of the latest Insurance News magazine, as our detailed report explains how we got here, and what might still be around the corner...
02 December 2024
A worsening insurance affordability crisis requires a “multifaceted approach”, the chair of a Senate committee inquiry says...
02 December 2024
Large parts of the country face increased fire risk this summer, the Australasian Fire and Emergency Service Authorities Council says...
02 December 2024
Australia is expected to receive above average rainfall this month before a return to typical January conditions, the Bureau of Meteorology says in a summer climate outlook...
02 December 2024
New Zealand’s Natural Hazards Commission says new slope stability guidelines will help identify and assess landslide risks, which have grown in recent years...
25 November 2024
Marsh wants the government to do more to address catastrophic cyber threats by establishing “really clear” regulations, promoting awareness, fostering collaboration and “considering a framework and a fund” to cover uninsurable risks...
25 November 2024
A New Zealand court has provided clarity on claims advocate impacts when a property damaged in the Canterbury earthquakes is eligible for a government on-sold program, a Christchurch-based specialist says...
25 November 2024
Insurance News’ second annual conference will feature findings from an exclusive market report compiled with gold partner Finity, plus speakers and panellists examining the key issues affecting the industry...
25 November 2024
The NSW government has urged Christmas shoppers not to “skimp on quality and safety” when buying lithium-ion battery products, as new data shows a growing number of fires caused by the items...
25 November 2024
The Australian Institute for Disaster Resilience has announced its award winners for this year...
25 November 2024
S&P says Australia’s lenders’ mortgage insurance market will remain low-risk over the next year or two as the sector continues to perform despite premium growth retracting...
25 November 2024
The number of Allianz customers affected by family violence and accessing support through their insurance policies has increased 31% in the past year, the company’s data shows...
18 November 2024
Australia’s slowing economy could hurt insurers, actuary Finity has warned, after the industry posted a strong performance for the second straight year...
18 November 2024
The General Insurance Code Governance Committee has chosen the Northern Rivers Community Gateway charity as the beneficiary of a $50,000 sanction imposed on an insurer in June...
18 November 2024
The Australian Financial Complaints Authority has released the latest update to its datacube resource, which includes complaints statistics that can be broken down by sector or company...
18 November 2024
The Bureau of Meteorology has maintained a La Nina watch even as sea surface temperatures and atmospheric indicators remain broadly consistent with neutral conditions...
18 November 2024
Businesses should be preparing for mandatory climate disclosures that will increase from next year under federal law changes, an Xceedance webinar heard...