23 March 2020
National Insurance Brokers Association President Eric Harris has urged insurers and premium funders to "support communities" to ensure small businesses survive the coronavirus crisis...
23 March 2020
The next few months could be very challenging for insurance brokers amid widespread fears the coronavirus outbreak will further damage Australia’s already fragile economy...
23 March 2020
The worsening coronavirus outbreak in Australia will impact the insurance industry, actuarial firm Finity has warned...
23 March 2020
Total insured losses from this summer’s fire, hail and flood catastrophes have passed $3.5 billion, according to the latest Insurance Council of Australia figures...
23 March 2020
Claims losses from the bushfire catastrophe could dent industry profitability by 0.4 percentage points to 12.3% this financial year, research consultancy Ibisworld says in a report...
23 March 2020
Insurers should consider industry implications before "rolling the dice" and pursuing legal cases to determine particular points...
23 March 2020
The Australian Financial Complaints Authority has ruled Suncorp has no grounds to decline a claim for damage to a property caused by methamphetamine contamination...
23 March 2020
The NSW Civil and Administrative Tribunal has backed the release of a blood alcohol test result to be used in an insurance claim over a boating accident...
16 March 2020
The Insurance Council of Australia has declared the coronavirus pandemic a catastrophe, escalating the industry’s response to the worsening spread of the COVID-19 respiratory illness in the country...
16 March 2020
The slowing economy will pose fresh challenges to brokers as clients seek to reduce costs, the annual Vero SME insurance Index says...
16 March 2020
Insurance mergers and acquisitions in Australia are likely to get a post-royal commission bump this year, with insurance brokerages likely to continue consolidating and the insurance subsidiaries of banks poised to become divestment candidates...
16 March 2020
Building surveyors and certifiers who were covered by London-based Landmark last year are now having to find alternative professional indemnity cover as renewals fall due...
16 March 2020
Australia’s catastrophic summer bushfires spewed around 900 million tonnes of carbon dioxide into the atmosphere – roughly the equivalent of a year’s worth of emissions from commercial aircraft worldwide...
16 March 2020
New research has found a weather phenomenon that helped cause the recent horror bushfire season is becoming more frequent and more severe...
16 March 2020
Suncorp has again called for changes to Queensland’s at-fault compulsory third party scheme, saying the present setup does not ensure that people injured in a motor accident are covered...
16 March 2020
The Insurance Council of New Zealand has rejected a suggestion that the government underwrite insurance for business interruption losses caused by the coronavirus outbreak...
16 March 2020
The National Motor Vehicle Theft Reduction Council is working on a new public campaign after a 9% rise in the number of vehicles stolen last year...
09 March 2020
Suncorp CEO Steve Johnston has demanded that “science and reality” guide post-bushfire reform, rather than ideology or "partisanship"…
09 March 2020
Bushfire risk in Australia has increased by at least 30% because of climate change, a group of scientists has concluded in a new study after analysing this season’s fire catastrophe…
09 March 2020
An overwhelming 83% of insurance executives believe the industry falls “well short” in the area of social capital risk management, a survey by actuarial firm Finity has found…