insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auInsurers and brokers to address ESL inquiryhttps://www.insurancenews.com.au/daily/insurers-and-brokers-to-address-esl-inquiryhttps://www.insurancenews.com.au/daily/insurers-and-brokers-to-address-esl-inquiry<p>A NSW parliamentary inquiry into removing the emergency services levy will hold hearings next week, with the Insurance Council of Australia and the National Insurance Brokers Association among groups appearing...</p>Thu, 03 Sep 2026 06:18:12 GMTSoft reinsurance prices tipped to persisthttps://www.insurancenews.com.au/daily/soft-reinsurance-prices-tipped-to-persisthttps://www.insurancenews.com.au/daily/soft-reinsurance-prices-tipped-to-persist<p>Reinsurers&rsquo; pricing in Australia and other major Asia-Pacific markets is expected to remain weak in the near term, maintaining pressure on their underwriting margins, according to Fitch Ratings...</p>Thu, 03 Sep 2026 06:16:12 GMTLandlords out of options in push for drugs lab payouthttps://www.insurancenews.com.au/daily/landlords-out-of-options-in-push-for-drugs-lab-payouthttps://www.insurancenews.com.au/daily/landlords-out-of-options-in-push-for-drugs-lab-payout<p>The industry ombudsman has backed an insurer that declined a claim by landlords whose tenants ran a marijuana-growing operation...</p>Thu, 03 Sep 2026 06:14:12 GMTINsight podcast: ASIC asks hard cash questionshttps://www.insurancenews.com.au/daily/insight-podcast-asic-asks-hard-cash-questionshttps://www.insurancenews.com.au/daily/insight-podcast-asic-asks-hard-cash-questions<p>The corporate regulator&rsquo;s concern over insurer cash settlements is the first item discussed on the latest episode of the Insurance News podcast...</p>Thu, 03 Sep 2026 06:12:22 GMTMarsh picks new NZ leaderhttps://www.insurancenews.com.au/the-broker/marsh-picks-new-nz-leaderhttps://www.insurancenews.com.au/the-broker/marsh-picks-new-nz-leader<p>Anna Scott has been promoted to CEO of New Zealand at Marsh Pacific...</p>Thu, 03 Sep 2026 01:41:44 GMT360 adds commercial lines managerhttps://www.insurancenews.com.au/the-broker/360-adds-commercial-lines-managerhttps://www.insurancenews.com.au/the-broker/360-adds-commercial-lines-manager<p>Ben Church has been appointed GM of commercial classes at AUB-owned 360 Underwriting Solutions...</p>Thu, 03 Sep 2026 01:41:27 GMTAon makes specialty appointmentshttps://www.insurancenews.com.au/the-broker/aon-makes-specialty-appointmentshttps://www.insurancenews.com.au/the-broker/aon-makes-specialty-appointments<p>Aon Australia has appointed Hayley Pettit as chief broking officer for specialty, while Natalie Cotter and Emily Hallahan have become joint NSW leaders for financial institutions and professional lines...</p>Thu, 03 Sep 2026 01:41:09 GMTInsurer’s ‘logic’ wins out in cyclone loss disputehttps://www.insurancenews.com.au/the-broker/insurer-s-logic-wins-out-in-cyclone-loss-disputehttps://www.insurancenews.com.au/the-broker/insurer-s-logic-wins-out-in-cyclone-loss-dispute<p>The industry ombudsman says a reference to &ldquo;business property&rdquo; in a co-insurance clause did not require QBE to combine building and contents sums insured when calculating a claim payment...</p>Thu, 03 Sep 2026 01:40:54 GMTCBN’s Cairns conference supports ‘causes that matter’https://www.insurancenews.com.au/the-broker/cbn-s-cairns-conference-supports-causes-that-matterhttps://www.insurancenews.com.au/the-broker/cbn-s-cairns-conference-supports-causes-that-matter<p>Community Broker Network raised $161,500 at this year&rsquo;s Shine conference, where brokers, partners and industry leaders came together over three days under the theme New Horizons...</p>Thu, 03 Sep 2026 01:40:35 GMTSign up for free AR sector webinarhttps://www.insurancenews.com.au/the-broker/sign-up-for-free-ar-sector-webinarhttps://www.insurancenews.com.au/the-broker/sign-up-for-free-ar-sector-webinar<p>The rapid rise of the authorised representative model will be the focus of an upcoming Insurance News webinar...</p>Thu, 03 Sep 2026 01:40:15 GMTGlobal group targets US middle market with $23b dealhttps://www.insurancenews.com.au/the-broker/global-group-targets-us-middle-market-with-23b-dealhttps://www.insurancenews.com.au/the-broker/global-group-targets-us-middle-market-with-23b-deal<p>Aon has struck a $US17 billion ($23.7 billion) deal to acquire brokerage and consulting group USI Insurance Services as part of a targeted US expansion...</p>Thu, 03 Sep 2026 01:39:59 GMTEnthusiast hires underwriting chiefhttps://www.insurancenews.com.au/the-broker/enthusiast-hires-underwriting-chiefhttps://www.insurancenews.com.au/the-broker/enthusiast-hires-underwriting-chief<p>Steven Lusk has been appointed head of underwriting operations at Enthusiast Motor Insurance...</p>Thu, 03 Sep 2026 01:39:39 GMTGB names general insurance sales headhttps://www.insurancenews.com.au/the-broker/gb-names-general-insurance-sales-headhttps://www.insurancenews.com.au/the-broker/gb-names-general-insurance-sales-head<p>Scott Newland has been promoted to general insurance head of sales and client services at Gallagher Bassett...</p>Thu, 03 Sep 2026 01:39:24 GMTMarsh Re rebrand to ‘build on Guy Carpenter legacy’https://www.insurancenews.com.au/the-broker/marsh-re-rebrand-to-build-on-guy-carpenter-legacyhttps://www.insurancenews.com.au/the-broker/marsh-re-rebrand-to-build-on-guy-carpenter-legacy<p>Guy Carpenter has changed its name to Marsh Re, leaving behind a business identity that has continued for a century as part of a previously flagged group rebranding...</p>Thu, 03 Sep 2026 01:39:11 GMTIndustry performance stats ‘paint challenging picture’https://www.insurancenews.com.au/daily/industry-performance-stats-paint-challenging-picturehttps://www.insurancenews.com.au/daily/industry-performance-stats-paint-challenging-picture<p>The general insurance industry faces a challenging time as it navigates the soft commercial pricing environment and householder cover affordability pressures, actuarial group Finity says...</p>Wed, 02 Sep 2026 06:09:22 GMTInsurer sanctioned for ‘serious failures’ in customer communicationshttps://www.insurancenews.com.au/daily/insurer-sanctioned-for-serous-failures-in-customer-communicationshttps://www.insurancenews.com.au/daily/insurer-sanctioned-for-serous-failures-in-customer-communications<p>A life insurer has been &ldquo;put on notice&rdquo; after more than 10,000 customers received annual notices that were inaccurate, incomplete or late...</p>Wed, 02 Sep 2026 06:09:02 GMTAllianz extends strata distribution partnershiphttps://www.insurancenews.com.au/daily/allianz-extends-strata-distribution-partnershiphttps://www.insurancenews.com.au/daily/allianz-extends-strata-distribution-partnership<p>Allianz Australia and Strata Community Insurance have renewed a long-term distribution agreement for at least another decade...</p>Wed, 02 Sep 2026 06:08:51 GMTNation reaches ‘tipping point for EV adoption’https://www.insurancenews.com.au/daily/nation-reaches-tipping-point-for-ev-adoptionhttps://www.insurancenews.com.au/daily/nation-reaches-tipping-point-for-ev-adoption<p>More Australians are considering buying electric vehicles but concerns about battery life, charging access and repairs remain barriers to wider adoption, research from NRMA Insurance has found...</p>Wed, 02 Sep 2026 06:08:27 GMTConsumer groups weigh in on ASIC cash settlement probehttps://www.insurancenews.com.au/daily/consumer-groups-weigh-in-on-asic-cash-settlement-probehttps://www.insurancenews.com.au/daily/consumer-groups-weigh-in-on-asic-cash-settlement-probe<p>Consumer advocates have backed the corporate regulator&rsquo;s push for improved cash settlement practices after a review found the payouts may result in unfair outcomes for home insurance claimants, especially after disasters...</p>Tue, 01 Sep 2026 06:18:27 GMTSwiss Re closes deal for QBE trade credit unithttps://www.insurancenews.com.au/daily/swiss-re-closes-deal-for-qbe-trade-credit-unithttps://www.insurancenews.com.au/daily/swiss-re-closes-deal-for-qbe-trade-credit-unit<p>QBE has completed the sale of its global trade credit and surety operations to Swiss Re&rsquo;s commercial insurance arm...</p>Tue, 01 Sep 2026 06:18:12 GMT