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Steadfast takeover booklet points to smooth transition

Mon, 26 Oct 2026 04:24:24 GMT

The private equity firms planning to acquire Steadfast’s broking operations intend to run the business “substantially in its current form”, while the underwriting agencies’ strategic direction will continue, a scheme booklet says...

Marsh appoints captive strategy head

Mon, 26 Oct 2026 04:23:38 GMT

Marsh has appointed Shawn Willis as captive strategy leader for the Pacific – a new role that the broker says reflects clients’ growing demand for advice...

Challenger turns down $7.9b takeover pitch

Mon, 26 Oct 2026 04:13:32 GMT

Challenger has rejected a buyout proposal from Daiichi Life Group, saying the $11.80-per-stock offer “is not at a level it could recommend to shareholders”...

PHP scare presents questions on chain risk, policy triggers

Mon, 26 Oct 2026 03:54:54 GMT

A PHP programming language flaw discovered by a cybersecurity expert using AI has highlighted supply chain implications and possible wider exposures, insurance experts say...

SMEs ‘ready to talk’ on cyber risk

Mon, 26 Oct 2026 03:54:43 GMT

CFC says there is “a growing disconnect between AI integration and AI readiness” among SMEs, and the challenge for cyber insurers is “converting awareness into resilience”...

Too big not to fail: judges reject apartment owner’s home warranty bid

Mon, 26 Oct 2026 03:54:37 GMT

The Queensland Court of Appeal has thrown out a case that challenged the state home warranty insurance scheme’s exclusion on multistorey buildings...

Switch away from distracting driver consoles, Allianz says

Mon, 26 Oct 2026 03:54:12 GMT

Two-thirds of Australian drivers at fault in crashes say distraction played a role and most motorists believe in-car technologies are a growing problem, research from Allianz shows...

Cyclone pool’s premium benefits hold firm

Mon, 26 Oct 2026 03:53:57 GMT

A cyclone pool assessment finds average quoted home cover premiums for medium- to high-risk policies remain 14%-37% lower than before insurers joined the scheme, amid upward pricing pressures in the wider market...

Worker mental illness costs tipped to spiral without strategy overhaul

Mon, 26 Oct 2026 03:53:49 GMT

Workplace mental health claims are rising at more than twice the rate of other illnesses and injuries, according to a report from a wide-ranging group of stakeholders...

Bushfire risk map accurate – for now

Mon, 26 Oct 2026 03:53:19 GMT

New research has backed the accuracy of NSW’s bushfire risk mapping, but experts warn it may need updating in future because of climate change...

Emergency services veterans warn of growing bushfire toll

Mon, 26 Oct 2026 03:53:11 GMT

Bushfires will cost Australia $6 billion annually for the next 30 years, according to modelling commissioned by a group of former fire and emergency service leaders...

Ombudsman sees no let-up in funeral cover complaints

Mon, 26 Oct 2026 03:51:55 GMT

The Australian Financial Complaints Authority has pressed funeral insurance providers to communicate clearly with policyholders...

Service calls used to push funeral policy upgrades, AFCA finds

Mon, 26 Oct 2026 03:51:48 GMT

An insurer did not mis-sell a funeral policy at inception but over following years unfairly pressured a man to increase his cover, the financial services ombudsman has ruled...

Consumer group attacks super funds over claim wait times

Mon, 26 Oct 2026 03:51:27 GMT

Superannuation fund trustees take too long to process claim payouts, falling short of member expectations, according to a consumer group...

Adviser stripped of registration

Mon, 26 Oct 2026 03:50:57 GMT

New South Wales financial adviser Evan Byrnes has had his registration cancelled for ethics breaches, the Australian Securities and Investments Commission says...

Labor lines up Victorian strata commissions ban

Mon, 26 Oct 2026 03:50:44 GMT

Victoria’s Labor government says it will ban strata managers from taking commissions or payments that influence purchases of insurance, repairs and other services...

Sector experts sought for innovation committee

Mon, 26 Oct 2026 03:49:08 GMT

The Albanese government is seeking expressions of interest in joining its new Financial Innovation Committee...

Insurance, risk reduction key to north Australia growth plans, Canberra told

Mon, 26 Oct 2026 03:48:52 GMT

Federal MPs examining northern Australia’s economic potential have been told insurance is vital to developing the resource-rich but catastrophe-prone region...

Disaster Ready Fund picks Victorian, Queensland projects

Mon, 26 Oct 2026 03:48:44 GMT

The federal government has announced the Victorian and Queensland projects that will receive support under the Disaster Ready Fund’s fourth round, which will allocate $142.5 million nationally...

ICNZ demands ‘pivot’ to disaster preparation as poll looms

Mon, 26 Oct 2026 03:48:29 GMT

The Insurance Council of New Zealand has urged the next government to prioritise climate adaptation, resilience projects and funding to reduce exposure to natural hazards...