28 February 2022
Steadfast has commissioned an independent review by consultant John Trowbridge into remuneration and the delivery of services in strata amid an increasing focus by regulators on issues affecting the high-density building sector...
28 February 2022
Allianz today flagged concerns over employee wellbeing at Australian workplaces after its data shows workers’ compensation claims for active psychological injury remain 12% above pre-pandemic levels...
28 February 2022
There’s so much uncertainty in the world right now, but it never hurts to take a look at what might be coming down the road...
28 February 2022
The insurance industry remains among the top-five list of sectors with the most data breaches, according to the Office of the Australian Information Commissioner...
28 February 2022
Claims triggered by the Tonga volcanic eruption and tsunami total $NZ5.88 million, according to the initial estimate from the Insurance Council of New Zealand...
28 February 2022
An Australian Government insurer is encouraging applications from potential industry partners to work on critical future projects...
21 February 2022
The cyclone reinsurance pool legislation passed the House of Representatives last week as the Northern Australia Insurance Lobby also urged a smooth passage through the Senate...
21 February 2022
A former employee of a Sydney-based insurance company will next appear in court in April charged with offences in relation to a $730,000 fraud...
21 February 2022
The Defence Service Homes Insurance Scheme is seeking expressions of interest from potential industry partners to work on software solutions and management and administration services...
21 February 2022
The Full Court will deliver an appeals decision on the Insurance Council of Australia second covid business interruption test case later this afternoon after the judgment was rescheduled from this morning...
21 February 2022
Insurance consulting firm Xceedance says claims inflation, currently a major issue for the insurance industry, may potentially worsen if a new disruptive covid variant emerges...
21 February 2022
Rates for construction lines of businesses including professional indemnity (PI) insurance “may soon stabilise” for insureds with well-presented risks, according to broker WTW...
21 February 2022
A quarterly climate tracker from the Actuaries Institute shows Australia experienced its wettest spring since 2010, based on data collected by the Bureau of Meteorology...
14 February 2022
Direct written premium in Australia is projected to reach nearly $100 billion by 2026 but it may not necessarily lead to better profitability for general insurers because of pressure from natural catastrophe losses, according to GlobalData...
14 February 2022
The Federal Court has scheduled a case management hearing regarding four business interruption class actions for April as insurers and policyholders await the outcome of an industry test case on claims lodged during the pandemic...
14 February 2022
The Insurance Council of Australia will prepare a comprehensive paper on the need for a modern and efficient regulatory system in the wake of a plethora of reforms, as it prepares for a potential financial system inquiry...
14 February 2022
Law firm Clyde & Co says “significant emerging” opportunities lie in store for insurers as commercial uses of drones, known also as unmanned aerial vehicles, rise in Australia and globally...
14 February 2022
Australian Small Business and Family Enterprise Ombudsman Bruce Billson will today hold the first of many community feedback sessions as part of his inquiry into natural disaster preparedness and resilience...
14 February 2022
Severe fire danger weather has continued in WA after more homes were destroyed in the past few days as blazes were ignited by lightning...
07 February 2022
Homeowners in northern Australia with the most acute insurance cost pressures should see premium discounts of up to 46% as a result of the cyclone reinsurance pool, the Federal Government said today ahead of introducing legislation into Parliament...