insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auNIBA reveals draft code of practicehttps://www.insurancenews.com.au/breaking-news/niba-reveals-draft-code-of-practicehttps://www.insurancenews.com.au/breaking-news/niba-reveals-draft-code-of-practice<p>The National Insurance Brokers Association has released the final draft of its rewritten code of practice for public consultation...</p>Wed, 08 Jul 2026 05:30:00 GMTAon pair take NSW broker awardshttps://www.insurancenews.com.au/daily/aon-pair-take-nsw-broker-awardshttps://www.insurancenews.com.au/daily/aon-pair-take-nsw-broker-awards<p>Two Aon professionals have been crowned broker and young broker of the year for NSW and ACT...</p>Wed, 08 Jul 2026 05:01:01 GMTINsight podcast: what can we learn from reinsurance renewals?https://www.insurancenews.com.au/daily/insight-podcast-what-can-we-learn-from-reinsurance-renewalshttps://www.insurancenews.com.au/daily/insight-podcast-what-can-we-learn-from-reinsurance-renewals<p>The mid-year reinsurance renewals are the first issue discussed on the latest episode of the Insurance News podcast...</p>Wed, 08 Jul 2026 04:58:26 GMTQBE regional chief Houghton to retirehttps://www.insurancenews.com.au/breaking-news/qbe-regional-chief-houghton-to-retirehttps://www.insurancenews.com.au/breaking-news/qbe-regional-chief-houghton-to-retire<p>QBE Australia Pacific CEO Sue Houghton plans to retire at the end of the year after more than five years with the insurer and a financial services career spanning more than three decades...</p>Tue, 07 Jul 2026 23:38:35 GMTANZIIF lists 2026 award finalistshttps://www.insurancenews.com.au/daily/anziif-lists-2026-award-finalistshttps://www.insurancenews.com.au/daily/anziif-lists-2026-award-finalists<p>The Australian and New Zealand Institute of Insurance and Finance has unveiled the full list of finalists for its 22nd awards event, to be held in Sydney on August 13...</p>Tue, 07 Jul 2026 06:37:12 GMTClover returns to home with new capacity providerhttps://www.insurancenews.com.au/daily/clover-returns-to-home-with-new-capacity-providerhttps://www.insurancenews.com.au/daily/clover-returns-to-home-with-new-capacity-provider<p>Underwriting agency Clover Insurance has resumed offering home and landlord cover, backed by capacity provider Aioi Nissay Dowa Insurance Company Australia...</p>Tue, 07 Jul 2026 06:22:23 GMTESL reform to benefit hardest-hit insureds, analysis showshttps://www.insurancenews.com.au/daily/esl-reform-to-benefit-hardest-hit-insureds-analysis-showshttps://www.insurancenews.com.au/daily/esl-reform-to-benefit-hardest-hit-insureds-analysis-shows<p>Households in high-risk regions, people on low incomes and small businesses would gain the most from emergency services levy reform, research released by the Insurance Council of Australia shows...</p>Tue, 07 Jul 2026 06:22:08 GMTTitanic defeat: AFCA sinks couple’s iceberg crash claimhttps://www.insurancenews.com.au/daily/titanic-defeat-afca-sinks-couple-s-iceberg-crash-claimhttps://www.insurancenews.com.au/daily/titanic-defeat-afca-sinks-couple-s-iceberg-crash-claim<p>A couple who were on a cruise ship that struck an iceberg off Antarctica have lost a claim dispute over their early return to port...</p>Tue, 07 Jul 2026 06:21:32 GMTACCC seeks views on Allianz travel dealhttps://www.insurancenews.com.au/regulatory-government/accc-seeks-views-on-allianz-travel-dealhttps://www.insurancenews.com.au/regulatory-government/accc-seeks-views-on-allianz-travel-deal<p>The competition regulator has invited submissions on the Allianz Partners acquisition of Nib Holdings&rsquo; travel insurance portfolio in Australia and New Zealand...</p>Mon, 06 Jul 2026 05:36:40 GMTWatchdog’s data ‘points to uneven liability market’https://www.insurancenews.com.au/regulatory-government/watchdog-s-data-points-to-uneven-liability-markethttps://www.insurancenews.com.au/regulatory-government/watchdog-s-data-points-to-uneven-liability-market<p>The prudential regulator has updated the National Claims and Policies Database to include policy, claims, Lloyd&rsquo;s and facility reports for the period ending December 2024...</p>Mon, 06 Jul 2026 05:36:29 GMTReinsurance renewals continue softer trendhttps://www.insurancenews.com.au/local/reinsurance-renewals-continue-softer-trendhttps://www.insurancenews.com.au/local/reinsurance-renewals-continue-softer-trend<p>Softer global reinsurance market conditions benefited Australian underwriters at the mid-year renewals, while insurer consolidation and the cyclone pool have affected demand...</p>Mon, 06 Jul 2026 05:19:23 GMTCode watchdog’s review a ‘wake-up call on poverty taxes’https://www.insurancenews.com.au/local/code-watchdog-s-review-a-wake-up-call-on-poverty-taxeshttps://www.insurancenews.com.au/local/code-watchdog-s-review-a-wake-up-call-on-poverty-taxes<p>Consumer rights campaigners have added to the pressure on insurers to be more transparent on the additional cost of paying premiums by instalments...</p>Mon, 06 Jul 2026 05:19:12 GMTComplaints lead to check on industry oversight of motor repairershttps://www.insurancenews.com.au/local/complaints-drive-check-on-industry-oversight-of-motor-repairershttps://www.insurancenews.com.au/local/complaints-drive-check-on-industry-oversight-of-motor-repairers<p>The General Insurance Code Governance Committee will examine the industry&rsquo;s oversight of motor workshops after a surge in complaints over delays and repair outcomes....</p>Mon, 06 Jul 2026 05:19:03 GMTTrade-offs required as risk protection gap widens, researchers sayhttps://www.insurancenews.com.au/local/trade-offs-required-as-risk-protection-gap-widens-researchers-sayhttps://www.insurancenews.com.au/local/trade-offs-required-as-risk-protection-gap-widens-researchers-say<p>Natural disasters are increasing in frequency and severity, and insurance is a societal good that needs to be sustained, a University of Queensland report says...</p>Mon, 06 Jul 2026 05:18:45 GMTBureau takes over Melbourne flood forecastshttps://www.insurancenews.com.au/local/bureau-takes-over-melbourne-flood-forecastshttps://www.insurancenews.com.au/local/bureau-takes-over-melbourne-flood-forecasts<p>The Bureau of Meteorology has taken responsibility for making riverine flood forecasts and warnings across Greater Melbourne, in a bid to streamline the system and improve public access to information...</p>Mon, 06 Jul 2026 05:18:32 GMTUni to explore parametric cover for sports showpieceshttps://www.insurancenews.com.au/local/uni-to-explore-parametric-cover-for-sports-showpieceshttps://www.insurancenews.com.au/local/uni-to-explore-parametric-cover-for-sports-showpieces<p>Researchers will investigate whether parametric insurance can better protect sporting events against cancellations caused by extreme weather and other major risks...</p>Mon, 06 Jul 2026 05:18:19 GMTForecasters warn on winter tornadoeshttps://www.insurancenews.com.au/local/forecasters-warn-on-winter-tornadoeshttps://www.insurancenews.com.au/local/forecasters-warn-on-winter-tornadoes<p>Australia is in the middle of a seasonal phenomenon that is little discussed but a regular source of multimillion-dollar insurance losses, the Bureau of Meteorology says...</p>Mon, 06 Jul 2026 05:18:06 GMTKiwis fear being ‘left behind’ as climate dangers mounthttps://www.insurancenews.com.au/local/kiwis-fear-being-left-behind-as-climate-dangers-mounthttps://www.insurancenews.com.au/local/kiwis-fear-being-left-behind-as-climate-dangers-mount<p>New Zealanders expect climate hazards to worsen and are increasingly concerned about obtaining insurance in the future, an IAG survey has found...</p>Mon, 06 Jul 2026 05:17:53 GMTHow insurer transformation reshaped the smash repair sectorhttps://www.insurancenews.com.au/analysis/how-insurer-transformation-reshaped-the-smash-repair-sectorhttps://www.insurancenews.com.au/analysis/how-insurer-transformation-reshaped-the-smash-repair-sector<p>The Australian smash repair sector has undergone a radical transformation over the past three decades. What was once an oversupplied, fragmented industry sustained by older business models has become leaner, more professional &ndash; but also more fragile...</p>Mon, 06 Jul 2026 05:17:31 GMTCourt backs changes to claim in IAG covid class actionhttps://www.insurancenews.com.au/regulatory-government/court-okays-changes-to-claim-in-iag-covid-class-actionhttps://www.insurancenews.com.au/regulatory-government/court-okays-changes-to-claim-in-iag-covid-class-action<p>A court has allowed shareholders pursuing a class action against IAG over Covid-19 disclosures to amend their statement of claim relating to how losses were caused...</p>Mon, 06 Jul 2026 05:17:19 GMT