insuranceNEWS.com.au - All news

Envest secures majority stake in Blue Zebra

Thu, 18 Sep 2025 06:30:32 GMT

Envest Group has taken a majority stake in Blue Zebra after acquiring Youi’s 36.9% equity interest in the underwriting agency...

Court rejects bid for damages over premium hike

Thu, 18 Sep 2025 06:30:17 GMT

Strata complex owners have won a $1 million damages lawsuit after a burst water main flooded their townhouses, but they have lost an argument involving their increased insurance premiums...

Slimming drugs tipped to ‘reshape mortality trends’

Thu, 18 Sep 2025 06:29:39 GMT

Widespread adoption of weight-loss drugs used in products such as Ozempic could reduce death rates in coming decades, reversing a trend of rising obesity that has stalled life expectancy progress across developed markets, Swiss Re says...

Ombudsman increases farm flood payout

Thu, 18 Sep 2025 06:29:19 GMT

Farm insurer Achmea has failed to convince the industry ombudsman that a cash settlement for flood damage is fair, because it did not hire experts to assess the loss...

NIBA seeks way out of red tape ‘maze’

Thu, 18 Sep 2025 01:24:29 GMT

The National Insurance Brokers Association has backed federal government plans to ease the regulatory burden on businesses under a broader push to lift productivity...

Shed owner overturns underinsurance call

Thu, 18 Sep 2025 01:24:18 GMT

A small business will be paid the full cover amount for a storm-damaged shed after winning a dispute over whether the property was underinsured...

New agency to focus on surety and credit risk

Thu, 18 Sep 2025 01:23:58 GMT

The Fidelis Partnership’s Pine Walk platform has launched a specialty underwriting agency that will write surety and credit risk insurance, initially focused on Australia, Asia-Pacific and Latin America...

‘Confronting’ climate forecast to drive client conversations

Thu, 18 Sep 2025 01:23:45 GMT

“Shocking” climate impact data released this week will support conversations with clients on risk changes and mitigation, according to National Insurance Brokers Association CEO Richard Klipin...

Probitas gears up for product expansion

Thu, 18 Sep 2025 01:19:38 GMT

Lloyd’s syndicate Probitas 1492 has created a commercial business division to support its growing Australian operation...

Market Lane to renew Arag policies

Thu, 18 Sep 2025 01:19:24 GMT

Market Lane Insurance Group will offer renewals for expiring policies issued by legal expense insurance specialist Arag, which quit the Australian market in July...

360 onboards bus business

Thu, 18 Sep 2025 01:19:12 GMT

360 Underwriting Solutions is to rebrand Sura Australian Bus and Coach as part of the business’ integration into the group...

Red Planet-backed air race soars to fundraising record

Thu, 18 Sep 2025 01:10:00 GMT

Red Planet Software helped raise more than $1 million for the Royal Flying Doctor Service by supporting this year’s Outback Air Race...

Honey boss takes strategic role, names successor

Wed, 17 Sep 2025 06:29:16 GMT

Honey founder Richard Joffe will become executive chair of the business, with former Allianz Australia COO David Krawitz taking over as CEO...

Nation’s homes ‘fall short on flood protection’

Wed, 17 Sep 2025 06:12:29 GMT

Flood resilience lags bushfire and cyclone mitigation and a wider community-level approach is needed to reduce risks, a building sector executive has told a Senate inquiry...

Vandalism dispute decision breaks in claimants’ favour

Wed, 17 Sep 2025 06:09:51 GMT

Hollard has been told to increase its cash offer to property owners after the financial services ombudsman found it mishandled their vandalism claims...

INsight podcast: new reports outline concerning climate future

Wed, 17 Sep 2025 04:18:59 GMT

The federal government's new National Climate Risk Assessment is the main topic of debate on the latest Insurance News podcast...

‘Some sort of intervention’ needed on climate risk: Hall

Tue, 16 Sep 2025 06:13:16 GMT

Australian insurers accept the federal government will probably intervene to address high-risk properties being priced out of cover – but the industry's minister has pledged not to “cut and paste” overseas solutions...

AUB hunts for finance chief as ‘instrumental’ exec leaves

Tue, 16 Sep 2025 06:12:25 GMT

AUB Group is searching for a new CFO following the departure of Mark Shanahan after almost eight years in the role...

ICA rejects corporate tax overhaul, seeks ‘real productivity gains’

Tue, 16 Sep 2025 06:12:05 GMT

The Insurance Council of Australia has criticised an “unworkable” tax reform proposed as part of a federal government bid to lift productivity, instead backing a broader tax overhaul and recommendations to improve mitigation and efficiency...

Legal costs claim falls short, but insurer to pay for delays

Tue, 16 Sep 2025 06:11:05 GMT

A homeowner who was sued by someone who fell outside his property has lost a bid to make his insurer cover his legal costs...