insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSuncorp eyes premium changes as hail hits earningshttps://www.insurancenews.com.au/daily/suncorp-eyes-premium-changes-as-hail-hits-earningshttps://www.insurancenews.com.au/daily/suncorp-eyes-premium-changes-as-hail-hits-earnings<p>Suncorp is reviewing its pricing for hail risk after &ldquo;elevated&rdquo; natural catastrophe costs dented its first-half earnings...</p>Wed, 18 Feb 2026 05:17:24 GMTNIBA small business survey shows ‘broker advantage’https://www.insurancenews.com.au/daily/niba-small-business-survey-shows-broker-advantagehttps://www.insurancenews.com.au/daily/niba-small-business-survey-shows-broker-advantage<p>A survey of more than 400 SME owners confirms high levels of trust and confidence in brokers and demonstrates the &ldquo;tangible value&rdquo; they provide...</p>Wed, 18 Feb 2026 05:03:18 GMTLandlord must wait on claim as police probe cannabis farmhttps://www.insurancenews.com.au/daily/landlord-must-wait-on-claim-as-police-probe-cannabis-farmhttps://www.insurancenews.com.au/daily/landlord-must-wait-on-claim-as-police-probe-cannabis-farm<p>The industry ombudsman has allowed IAG to pause a claim decision on a property damaged by tenants growing cannabis until police finish their inquiries...</p>Wed, 18 Feb 2026 05:01:58 GMTINsight podcast: could ESL be extinguished at last?https://www.insurancenews.com.au/daily/insight-podcast-could-esl-be-extinguished-at-lasthttps://www.insurancenews.com.au/daily/insight-podcast-could-esl-be-extinguished-at-last<p>Long-awaited progress on the abolition of the NSW emergency services levy is the main item discussed on the latest episode of the Insurance News podcast...</p>Wed, 18 Feb 2026 05:01:11 GMT‘Shaped by you’: NIBA invites member feedback on code revamphttps://www.insurancenews.com.au/daily/shaped-by-you-niba-invites-member-feedback-on-code-revamphttps://www.insurancenews.com.au/daily/shaped-by-you-niba-invites-member-feedback-on-code-revamp<p>The National Insurance Brokers Association has launched a member engagement campaign called Your Voice, Your Code...</p>Tue, 17 Feb 2026 05:18:22 GMTMunich Re casualty chief to lead Australasian non-life teamhttps://www.insurancenews.com.au/daily/munich-re-casualty-chief-to-lead-australasian-non-life-teamhttps://www.insurancenews.com.au/daily/munich-re-casualty-chief-to-lead-australasian-non-life-team<p>Munich Re chief underwriting officer for casualty Michaela Hannemann has been appointed head of the group&rsquo;s Australasian non-life business...</p>Tue, 17 Feb 2026 05:14:09 GMTTerrorism pool locks in retrocession coverhttps://www.insurancenews.com.au/daily/terrorism-pool-locks-in-retrocession-coverhttps://www.insurancenews.com.au/daily/terrorism-pool-locks-in-retrocession-cover<p>The Australian Reinsurance Pool Corporation has purchased a retrocession limit of $2 billion for its terrorism program this year following extensive engagement with global reinsurance markets...</p>Tue, 17 Feb 2026 05:13:41 GMTUnborn, uncovered: AFCA rules on a case of calf truthshttps://www.insurancenews.com.au/daily/unborn-uncovered-afca-rules-on-a-case-of-calf-truthshttps://www.insurancenews.com.au/daily/unborn-uncovered-afca-rules-on-a-case-of-calf-truths<p>A cattle farm that lost more than 100 unborn calves in a disease outbreak will not receive a payout after the complaints authority determined its insurance did not cover foetuses...</p>Tue, 17 Feb 2026 05:12:26 GMT‘Important step’: inquiry to examine ESL removal optionshttps://www.insurancenews.com.au/regulatory-government/important-step-inquiry-to-examine-esl-removal-optionshttps://www.insurancenews.com.au/regulatory-government/important-step-inquiry-to-examine-esl-removal-options<p>A NSW parliamentary inquiry will consider options for replacing the emergency services levy on insurance, building on consultations since the plan was announced more than two years ago...</p>Mon, 16 Feb 2026 03:54:09 GMTNZ regulators probe home cover costshttps://www.insurancenews.com.au/regulatory-government/nz-regulators-probe-home-cover-costshttps://www.insurancenews.com.au/regulatory-government/nz-regulators-probe-home-cover-costs<p>A review of residential insurance pricing and affordability will be delivered to the New Zealand government by the middle of this year...</p>Mon, 16 Feb 2026 03:54:00 GMTInvestment firm cops penalty for cybersecurity failureshttps://www.insurancenews.com.au/regulatory-government/investment-firm-cops-penalty-for-cybersecurity-failureshttps://www.insurancenews.com.au/regulatory-government/investment-firm-cops-penalty-for-cybersecurity-failures<p>Fixed-income specialist FIIG Securities has been penalised $2.5 million for failing to protect confidential client data over more than four years...</p>Mon, 16 Feb 2026 03:53:54 GMTAPRA to publish climate threat assessmenthttps://www.insurancenews.com.au/regulatory-government/apra-to-publish-climate-threat-assessmenthttps://www.insurancenews.com.au/regulatory-government/apra-to-publish-climate-threat-assessment<p>The prudential regulator will release its general insurance climate vulnerability assessment in coming months, chairman John Lonsdale has told the Senate Economics Legislation Committee...</p>Mon, 16 Feb 2026 03:53:53 GMTConflicts, unrest tipped to test businesseshttps://www.insurancenews.com.au/local/conflicts-unrest-tipped-to-test-businesseshttps://www.insurancenews.com.au/local/conflicts-unrest-tipped-to-test-businesses<p>More geopolitical fragmentation, protests and turmoil are expected this year after threats to individuals and assets jumped in 2025, according to a report from Willis risk advisory and crisis support service Alert:24...</p>Mon, 16 Feb 2026 03:53:35 GMTLawyers warn over ‘trend of scrutiny’ on workplace safetyhttps://www.insurancenews.com.au/local/lawyers-warn-over-trend-of-scrutiny-on-workplace-safetyhttps://www.insurancenews.com.au/local/lawyers-warn-over-trend-of-scrutiny-on-workplace-safety<p>The dismissal of an appeal against a work health and safety conviction in Queensland shows the need to demonstrate correct procedures have been followed if an accident happens, law firm Clyde &amp; Co says...</p>Mon, 16 Feb 2026 03:53:22 GMTLloyd’s syndicate to pay up over Star casino claddinghttps://www.insurancenews.com.au/local/lloyd-s-syndicate-to-pay-up-over-star-casino-claddinghttps://www.insurancenews.com.au/local/lloyd-s-syndicate-to-pay-up-over-star-casino-cladding<p>A court has ordered a Lloyd&rsquo;s syndicate to pay towards the cost of replacing external wall cladding on Sydney&rsquo;s The Star casino...</p>Mon, 16 Feb 2026 03:53:21 GMTFinancial services an ‘epicentre of PI claim activity’https://www.insurancenews.com.au/local/financial-services-an-epicentre-of-pi-claim-activityhttps://www.insurancenews.com.au/local/financial-services-an-epicentre-of-pi-claim-activity<p>Financial services is likely to remain a hotspot for professional indemnity claims amid regulatory scrutiny, Moray &amp; Agnew Lawyers says...</p>Mon, 16 Feb 2026 03:53:14 GMTCode must prove brokers are on clients’ side: Khouryhttps://www.insurancenews.com.au/local/code-must-prove-brokers-are-on-clients-side-khouryhttps://www.insurancenews.com.au/local/code-must-prove-brokers-are-on-clients-side-khoury<p>The broking code of practice update must respond to rising scepticism, independent reviewer Phil Khoury has told a webinar...</p>Mon, 16 Feb 2026 03:53:02 GMTIn Insurance News magazine this monthhttps://www.insurancenews.com.au/local/in-insurance-news-magazine-this-month-f-e-b26https://www.insurancenews.com.au/local/in-insurance-news-magazine-this-month-f-e-b26<p>Solving the affordability puzzle is a significant challenge that&rsquo;s reflected on the cover of the February/March edition of Insurance News magazine...</p>Mon, 16 Feb 2026 03:52:32 GMTWillis names new Pacific analytics chiefhttps://www.insurancenews.com.au/the-professional/willis-names-new-pacific-analytics-chiefhttps://www.insurancenews.com.au/the-professional/willis-names-new-pacific-analytics-chief<p>Michelle Ng has been appointed Pacific head of risk and analytics at Willis after the retirement of Matt Frost...</p>Mon, 16 Feb 2026 03:35:17 GMTGallagher appoints credit, political risks experthttps://www.insurancenews.com.au/the-professional/gallagher-appoints-credit-political-risks-experthttps://www.insurancenews.com.au/the-professional/gallagher-appoints-credit-political-risks-expert<p>Gallagher has appointed Ian Rouse as executive director for credit, surety and political risks...</p>Mon, 16 Feb 2026 03:35:09 GMT