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‘Massive destruction’: WA towns count cost of Narelle

Mon, 30 Mar 2026 04:15:39 GMT

North West Cape in WA has suffered some of the worst damage from Tropical Cyclone Narelle, the biggest storm to hit the state since Seroja in April 2021...

Industry faces resilience stress test amid Middle East war

Mon, 30 Mar 2026 03:51:01 GMT

Howden Re says the closure of the Strait of Hormuz has put “risk premia across the (re)insurance sector in flux”...

Tokio Marine, Berkshire Hathaway enter alliance

Mon, 30 Mar 2026 03:50:57 GMT

Berkshire Hathaway and Tokio Marine Holdings have formed a “strategic partnership” in which the US conglomerate’s National Indemnity Company takes a 2.49% stake in the Japanese insurance group...

Ardonagh ‘match fit for global turmoil’ as earnings rise

Mon, 30 Mar 2026 03:50:50 GMT

UK-based Ardonagh’s reported income grew 20.4% to $US2.55 billion ($3.6 billion) last year as it strengthened its international operations...

Perils flags billion-dollar bill for French storm

Mon, 30 Mar 2026 03:50:31 GMT

Swiss catastrophe modeller Perils estimates Windstorm Nils led to €586 million ($983.48 million) of insured losses, in its first of four assessments on the damage...

Court backs $140 million group ‘overcharging’ settlement

Mon, 30 Mar 2026 03:40:35 GMT

The Federal Court has approved a $140 million settlement to a class action alleging overcharging of group insurance premiums...

Zurich revises cover for AFL players amid concussion ‘uncertainty’

Mon, 30 Mar 2026 03:40:27 GMT

Zurich has confirmed changes to its group insurance program for Australian Football League players after media reported it no longer includes head trauma...

AFCA rules out more compensation for widow

Mon, 30 Mar 2026 03:40:18 GMT

TAL and super fund IOOF adequately compensated a widow for delays assessing a terminal illness benefit, the financial services ombudsman has ruled...

Genetic test ban awaits Senate nod

Mon, 30 Mar 2026 03:40:07 GMT

Australia is close to banning the use of genetic test results in life insurance underwriting after proposed laws cleared the House of Representatives last week...

Advisers canvassed on compensation scheme charge

Mon, 30 Mar 2026 03:36:10 GMT

Financial Advice Association Australia has launched a member survey on the impact of Compensation Scheme of Last Resort levies...

FSC names new deputy chair

Mon, 30 Mar 2026 03:35:48 GMT

The Financial Services Council has appointed Challenger CEO Nick Hamilton as deputy chair...

NZ consumer survey finds advice gap

Mon, 30 Mar 2026 03:35:42 GMT

A Financial Markets Authority review of New Zealanders’ access to advice has found “significant opportunity” for improvement...

Iran conflict poses threat to underwriting margins

Mon, 30 Mar 2026 03:35:12 GMT

S&P Global Ratings has warned of impacts on underwriting earnings from the Middle East war...

Intermediated premium edges up

Mon, 30 Mar 2026 03:35:03 GMT

General insurance intermediaries issued premium invoices totalling $22.97 billion in the six months to December, the Australian Prudential Regulation Authority says...

Solicitors demand move to ‘free market’ PI cover

Mon, 30 Mar 2026 03:34:51 GMT

A group of NSW solicitors have launched a petition calling for a Law Society general meeting over the lack of professional indemnity cover competition...

Repair worker scarcity makes ‘time a material cost’ in claims

Mon, 30 Mar 2026 03:34:40 GMT

A shortage of tilers and bricklayers is pushing up claims costs even as broader supply conditions stabilise, Crawford & Company says...

Who’s the boss? Court decides in damages dispute

Mon, 30 Mar 2026 03:34:25 GMT

A mechanic injured while repairing an excavator has won damages in a case that had to determine whether his employer was a labour hire business or the trucking company where he worked...

NRMA-backed flood alerts tested in Queensland

Mon, 30 Mar 2026 03:31:29 GMT

A driver flood alert tool has been launched in some Queensland council areas under an Australian-first trial of live updates delivered through GPS navigation apps...

Window still open for add-on disputes: Claimo

Mon, 30 Mar 2026 03:30:24 GMT

Millions of people may still be eligible for refunds over “junk” add-on insurance, according to Claimo, which has criticised “significant confusion” caused by Australian Financial Complaints Authority deadlines...

NIBA sets out steps to better protect small businesses

Mon, 30 Mar 2026 03:29:33 GMT

The National Insurance Brokers Association has called for a review of the regulatory definition of small business and proposed action to help non-profits in a submission to a parliamentary inquiry into SME cover...