insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auOur greatest fears in a ‘world of polycrisis’https://www.insurancenews.com.au/analysis/our-greatest-fears-in-a-world-of-polycrisishttps://www.insurancenews.com.au/analysis/our-greatest-fears-in-a-world-of-polycrisis<p>AI and big data have overtaken climate change as the leading emerging risk, according to an Axa poll of financial services experts, reflecting growing concern at the pace of technological change and the preparedness of governments to manage it...</p>Mon, 19 Oct 2026 04:17:14 GMTBroker peak body unveils revised code of practicehttps://www.insurancenews.com.au/local/broker-peak-body-unveils-revised-code-of-practicehttps://www.insurancenews.com.au/local/broker-peak-body-unveils-revised-code-of-practice<p>The National Insurance Brokers Association has launched its new code of practice, which will take effect at the start of next year...</p>Mon, 19 Oct 2026 04:12:02 GMT‘In the spirit of Tim’: NIBA Convention opens with moving tributeshttps://www.insurancenews.com.au/local/in-the-spirit-of-tim-niba-convention-opens-with-moving-tributeshttps://www.insurancenews.com.au/local/in-the-spirit-of-tim-niba-convention-opens-with-moving-tributes<p>The National Insurance Brokers Association annual convention on the Gold Coast began this morning with a series of heartfelt tributes to broking leader Tim Wedlock...</p>Mon, 19 Oct 2026 04:11:55 GMTInsurer to act on abusers’ weaponisation of key productshttps://www.insurancenews.com.au/local/insurer-to-act-on-abusers-weaponisation-of-key-productshttps://www.insurancenews.com.au/local/insurer-to-act-on-abusers-weaponisation-of-key-products<p>Suncorp says research showing how financial products including insurance can be weaponised by perpetrators of family violence will help inform its services...</p>Mon, 19 Oct 2026 04:11:44 GMTNo claim over Sydney arena roof collapse, court findshttps://www.insurancenews.com.au/local/no-claim-over-sydney-arena-roof-collapse-court-findshttps://www.insurancenews.com.au/local/no-claim-over-sydney-arena-roof-collapse-court-finds<p>The Federal Court has dismissed an insurance claim over a roof collapse at Sydney Entertainment Centre in 2016...</p>Mon, 19 Oct 2026 04:11:34 GMTChallenger weighs Daiichi’s $7.9b takeover offerhttps://www.insurancenews.com.au/life-insurance/challenger-weighs-daiichi-s-7-9b-takeover-offerhttps://www.insurancenews.com.au/life-insurance/challenger-weighs-daiichi-s-7-9b-takeover-offer<p>Challenger shares have soared as the Australian wealth manager says it is assessing a buyout proposal from Daiichi Life Group...</p>Mon, 19 Oct 2026 04:11:19 GMTSydney, Brisbane advisers win conference grantshttps://www.insurancenews.com.au/life-insurance/sydney-brisbane-advisers-win-conference-grantshttps://www.insurancenews.com.au/life-insurance/sydney-brisbane-advisers-win-conference-grants<p>The Council of Australian Life Insurers has announced the first grant recipients under this year&rsquo;s program for women in the advice profession...</p>Mon, 19 Oct 2026 04:11:10 GMTAFCA sides with insurer as policy lapses after marriage splithttps://www.insurancenews.com.au/life-insurance/afca-sides-with-insurer-as-policy-lapses-after-marriage-splithttps://www.insurancenews.com.au/life-insurance/afca-sides-with-insurer-as-policy-lapses-after-marriage-split<p>A complainant has lost her bid for a policy reinstatement after arguing she was not told her former husband had become the payer for the cover, premiums were overdue and the insurance had lapsed...</p>Mon, 19 Oct 2026 04:11:03 GMTTrauma worst for ‘incorrect outcome’ claim reversalshttps://www.insurancenews.com.au/life-insurance/trauma-worst-for-incorrect-outcome-claim-reversalshttps://www.insurancenews.com.au/life-insurance/trauma-worst-for-incorrect-outcome-claim-reversals<p>Trauma claims have the highest proportion of decisions being reversed because of &ldquo;incorrect outcomes&rdquo;, according to latest Australian Prudential Regulation Authority life industry data...</p>Mon, 19 Oct 2026 04:10:53 GMTUnderstanding drives insurance engagement, study showshttps://www.insurancenews.com.au/life-insurance/understanding-drives-insurance-engagement-study-showshttps://www.insurancenews.com.au/life-insurance/understanding-drives-insurance-engagement-study-shows<p>People with a strong understanding of life insurance are more likely to buy it, according to James Cook University researchers, who have called for more financial literacy education...</p>Mon, 19 Oct 2026 04:10:46 GMTRegulator seeks feedback on RAC deal promiseshttps://www.insurancenews.com.au/regulatory-government/regulator-seeks-feedback-on-rac-deal-promiseshttps://www.insurancenews.com.au/regulatory-government/regulator-seeks-feedback-on-rac-deal-promises<p>The competition watchdog has called for feedback by Wednesday on IAG&rsquo;s public benefit commitments supporting the planned acquisition of RAC Insurance...</p>Mon, 19 Oct 2026 04:10:11 GMTMPs’ artificial intelligence inquiry offers early advicehttps://www.insurancenews.com.au/regulatory-government/mps-artificial-intelligence-inquiry-offers-early-advicehttps://www.insurancenews.com.au/regulatory-government/mps-artificial-intelligence-inquiry-offers-early-advice<p>A parliamentary inquiry into AI has written to the Prime Minister ahead of its reporting date with advice on safeguards, data centre standards and action needed to support local capabilities...</p>Mon, 19 Oct 2026 04:10:03 GMTWorkers’ comp review spotlights insurershttps://www.insurancenews.com.au/regulatory-government/workers-comp-review-spotlights-insurershttps://www.insurancenews.com.au/regulatory-government/workers-comp-review-spotlights-insurers<p>Stronger monitoring and regulation of insurers is central to maintaining a robust Queensland workers&rsquo; compensation scheme, according to an independent review...</p>Mon, 19 Oct 2026 04:09:51 GMTBosses ‘need to know AI risk’ as power growshttps://www.insurancenews.com.au/regulatory-government/bosses-need-to-know-ai-risk-as-power-growshttps://www.insurancenews.com.au/regulatory-government/bosses-need-to-know-ai-risk-as-power-grows<p>New Zealand financial services groups have been told they are expected to maintain cybersecurity strategies and frameworks that address threats as AI becomes more prevalent...</p>Mon, 19 Oct 2026 04:09:39 GMTNIBA reveals claims award winnerhttps://www.insurancenews.com.au/the-professional/niba-reveals-claims-award-winnerhttps://www.insurancenews.com.au/the-professional/niba-reveals-claims-award-winner<p>Gallagher senior technical claims lead for construction Maree Solvyns has won the claims broker of the year award from NIBA...</p>Mon, 19 Oct 2026 04:08:19 GMTToolkit helps brokers find and develop internshttps://www.insurancenews.com.au/the-professional/toolkit-helps-brokers-find-and-develop-internshttps://www.insurancenews.com.au/the-professional/toolkit-helps-brokers-find-and-develop-interns<p>The National Insurance Brokers Association today launched a toolkit designed to give small and medium brokerages a structure for recruiting, onboarding and developing new talent...</p>Mon, 19 Oct 2026 04:07:30 GMTSRG adds to credit and political risk unithttps://www.insurancenews.com.au/the-professional/srg-adds-to-credit-and-political-risk-unithttps://www.insurancenews.com.au/the-professional/srg-adds-to-credit-and-political-risk-unit<p>Specialist Risk Group has appointed Simon McMahon to its credit and political risk insurance team...</p>Mon, 19 Oct 2026 04:07:15 GMTCriterion brings in commercial distribution exechttps://www.insurancenews.com.au/the-professional/criterion-brings-in-commercial-distribution-exechttps://www.insurancenews.com.au/the-professional/criterion-brings-in-commercial-distribution-exec<p>Craig Mauger has joined Criterion Underwriting as executive director for commercial distribution, as the agency expands its property and liability offering, its reinsurance business and its structured risk solutions and surety capabilities...</p>Mon, 19 Oct 2026 04:07:12 GMTAiBEC to host inaugural awards nighthttps://www.insurancenews.com.au/the-professional/ai-bec-to-host-inaugural-awards-nighthttps://www.insurancenews.com.au/the-professional/ai-bec-to-host-inaugural-awards-night<p>The Association of Insurance Building and Engineering Consultants will hold its first awards dinner in Sydney on November 12...</p>Mon, 19 Oct 2026 04:07:10 GMTCanopius and Miramar strike sports capacity dealhttps://www.insurancenews.com.au/corporate/canopius-and-miramar-strike-sports-capacity-dealhttps://www.insurancenews.com.au/corporate/canopius-and-miramar-strike-sports-capacity-deal<p>Commercial underwriting agency Miramar Group will partner with Canopius as capacity provider for Miramar Sports products...</p>Mon, 19 Oct 2026 04:05:46 GMT