Local
06 September 2021
Allianz, IAG, QBE and Suncorp are among major Australian companies to sign an open letter published in daily newspapers calling for governments to “stay the course” on an agreed pathway out of COVID-19 lockdowns...
06 September 2021
Employees are feeling the emotional toll of lockdowns, with more than two in three struggling to find a balance between work and personal space since the start of the pandemic, according to Allianz Australia...
06 September 2021
The Star Entertainment Group is appealing a Federal Court business interruption decision that found the casino operator was not covered for losses resulting from COVID-19 restrictions...
06 September 2021
Investment consultancy Frontier Advisors says it is time for general insurers in Australia to consider a change in strategy, by stepping up their focus in other asset classes such as unlisted infrastructure to improve investment returns...
06 September 2021
CEO of New Zealand’s Earthquake Commission (EQC) Sid Miller will vacate the role in March...
06 September 2021
Insurers are working to complete urgent repairs and are moving ahead with claims processes amid tight COVID-19 restrictions following severe flooding that hit West Auckland last week...
30 August 2021
The general insurance industry made a net profit after-tax of $1 billion for the year to June 30, according to a regular update from the Australian Prudential Regulation Authority...
30 August 2021
The percentage of subscribers who self-reported code breaches fell to 44% in the 2020/21 financial year from 51% in the prior period, according to the latest report from the Insurance Brokers Code Compliance Committee...
30 August 2021
The Federal Government will fund a COVID-19 vaccine indemnity scheme following consultations with groups including the Insurance Council of Australia, Australian Medical Association and Australian Chamber of Commerce and Industry...
30 August 2021
The Insurance Council of Australia second business interruption test case is set to start next Monday in the Federal Court after it was delayed by a week to allow more time to gather information...
30 August 2021
Expectations for a robust half of mergers & acquisitions in the Asia-Pacific region were frustrated during January-June by a high regulatory bar in some jurisdictions, law firm Clyde & Co says, with prospective acquirers facing higher solvency requirements...
30 August 2021
Motor vehicle thefts fell 15% to 47,803 in the year to June, Australia’s lowest rate of that crime since 2001/02...
30 August 2021
The Australian Press Council has ruled a series of 25 articles published by the Sydney Morning Herald related to icare and its former CEO John Nagle did not breach standards...
30 August 2021
While most of Australia is rated as having normal bushfire potential during spring, the Australasian Fire and Emergency Services Authorities Council warns that residents should be alert as destructive and deadly fires can still occur...
23 August 2021
The outlook for Australian insurance buyers is more positive moving into the second half of the year, with a trend of premium increase moderations established in the first half in some areas likely to continue, Marsh says in a mid-year update for the local market...
23 August 2021
Consumer groups have criticised an anti-hawking regulatory guide for highlighting the sale of travel insurance through an agent as an exemption...
23 August 2021
The business events industry has called for the creation of a government-led insurance scheme, possibly similar to one introduced by the UK, to help the sector cope with COVID disruptions...
23 August 2021
The Star Entertainment Group says it is still considering whether it will appeal after it was unsuccessful in court action against insurers over a business interruption claim for losses resulting from COVID-19 restrictions...
23 August 2021
The Insurance Council of Australia says Suncorp CEO Steve Johnston has joined the board while Hollard Holdings Australia MD Richard Enthoven has become Deputy President...
23 August 2021
Suncorp is funding a $200,000 round of grants for communities in NSW and South-East Queensland impacted by severe flooding in March as part of a $1 million initiative to encourage remote, rural and regional communities in Australia to rebuild more resiliently in preparation for future disasters...