07 October 2019
Insurers may be forced eventually to make way for governments or businesses as some assets become too risky because of climate change, the Reserve Bank of Australia has warned...
07 October 2019
Surveyors involved with projects of more than three storeys are unable to secure professional indemnity covers, according to the Australian Institute of Building Surveyors...
07 October 2019
About 299,500 farm insurance policies have been placed out for a sum insured value of $153 billion and 143,500 crop covers for $5.6 billion, according to the Insurance Council of Australia...
07 October 2019
It’s 10 years since Insurance News magazine was launched, and this month’s special anniversary edition looks back over the big industry issues and events we’ve covered over that time. You’ll be surprised how long some of those issues have dragged on...
07 October 2019
A High Court decision expected this year on class actions funding could make it more difficult for cases to be brought if the ruling overturns use of existing arrangements...
07 October 2019
Angie Zissis, the new head of AUB’s Austbrokers Insurance Member Services, has joined the National Insurance Brokers Association board...
07 October 2019
The strongest positive Indian Ocean Dipole since 2001 is helping create dangerous drought conditions, the Bureau of Meteorology says...
30 September 2019
International insurers could abandon Australia if loss ratios spiral as a result of climate change, an expert has warned...
30 September 2019
Commercial flood cover in high-risk regions remains an issue for the insurance industry as take-up by businesses remains low, a Suncorp executive says...
30 September 2019
IAG has joined the wider industry in calling for increased mitigation funding to deal with northern Australia’s insurance problem. The insurer has had a longstanding position favouring spending more on resilience measures...
30 September 2019
Customers support increased use of digital technology but don’t trust insurers with their data, a survey by DXC Technology and analyst firm Telsyte has found...
30 September 2019
A homeowner who thought she had arranged home cover with her bank but hadn’t will have half her claim paid after a fire, following an Australian Financial Complaints Authority ruling...
30 September 2019
The latest revision of the General Insurance Code of Practice is on track for a January introduction following a lengthy review period complicated by the Hayne royal commission...
30 September 2019
RACQ Insurance is the best performing insurer in a KPMG consumer experience survey of 114 Australian and global brands across 11 sectors...
23 September 2019
Insurers must find ways to engage younger consumers sooner and should look for more creative alternatives for providing cover as the market evolves, an EY report says...
23 September 2019
Motor vehicle insurers have welcomed a NSW Supreme Court ruling that may alleviate rising premium pressures from credit hire companies...
23 September 2019
The bushfires catastrophe in NSW and Queensland has so far cost about $20 million in losses, the Insurance Council of Australia says today in an update provided to insuranceNEWS.com.au...
23 September 2019
Climate conditions in the Indian Ocean associated with lower rainfall and warmer days across much of Australia are forecast to persist during spring...
23 September 2019
About 92% of customer-owned banks sell customer credit insurance (CCI), an inquiry by the sector’s code compliance committee has found...
23 September 2019
The Insurance Council of Australia has repeated its opposition to government intervention in the north Queensland insurance market after Federal MP George Christensen supported linking insurance licensing to an obligation to provide cover in the region...