27 June 2022
Australian gross written premium is expected to grow 7.5% this calendar year, reflecting the impact of the NSW/Queensland floods, past catastrophes and claims inflation facing the industry, according to S&P Global Ratings...
27 June 2022
The Australian Financial Complaints Authority says last year’s Victorian earthquake generated the third-highest number of insurance complaints in the past 12 months...
27 June 2022
RACQ Insurance says it has settled 90% of motor claims relating to severe floods that impacted Queensland earlier in the year...
27 June 2022
The June/July issue of Insurance News magazine is out now, featuring must-read articles and interviews on some of our industry’s most important issues...
27 June 2022
New Zealand’s Financial Services Complaints Limited advises landlords and insurance brokers to ensure that policies cover all risks appropriately, as complaints about methamphetamine damage rise...
20 June 2022
A review of public-facing obligations included in the latest version of the General Insurance Code of Practice found only 29% of insurers surveyed complied with all five requirements by the deadline...
20 June 2022
Consumers may face an extended wait before seeing premium benefits from the introduction of the northern Australia cyclone reinsurance pool, a lobby group has warned...
20 June 2022
Property advocacy group Strata Community Association has praised efforts by state governments on plans to remove combustible cladding but says more work is needed to ensure safe building conditions nationwide...
20 June 2022
New Zealand’s Earthquake Commission has collated a record high $NZ7.2 billion of reinsurance funding from international providers...
20 June 2022
Political risk is on the rise as the pandemic ebbs, making it even more imperative that company directors properly assess the peril and its potential impact on shareholder value, Axa XL says...
20 June 2022
Australia’s three listed insurers – IAG, QBE and Suncorp – remain “attractive” investment targets against the backdrop of rising interest rates, energy price spikes and higher inflation, according to Tyndall Asset Management...
20 June 2022
Southern Cross Travel Insurance reveals it paid more than $630,690 for covid-related claims between January 1 and May 31...
06 June 2022
The Insurance Council of Australia says almost $1 billion has been paid to policyholders so far after Queensland and NSW were hit by Australia’s most costly flood event ever earlier this year...
06 June 2022
A revitalisation of Australia's flood protection systems is required to reduce the impact of increasingly common severe floods, says University of NSW Professor of Civil and Environmental Engineering Ashish Sharma...
06 June 2022
Hydrogen offers significant potential to become a cornerstone of greener energy supply, but work is needed on assessing risks and ensuring suitable insurance for production, transport and storage, HDI Global says...
06 June 2022
The Australasian Fire and Emergency Services Authorities Council says dry conditions in northern parts of Australia will increase bushfire threat in the region in the coming months...
06 June 2022
The Fire and Climate 2022 Conference takes place in Melbourne from June 6-10...
30 May 2022
The industry lost $428 million in the March quarter as earnings took a hit from the NSW/Queensland floods, after a $100 million net profit in the previous quarter, the Australian Prudential Regulation Authority says...
30 May 2022
The Australian general insurance industry performed strongly last year, achieving an 11.2% surge in property and casualty (P&C) premiums to €32.1 billion from 2020, Allianz says in a new report...
30 May 2022
A diverse range of natural disasters last year widened Australia’s protection gap and highlighted areas of underinsurance, while climate change is stepping up the importance of mitigation globally, Aon says...