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Cyclone pool cuts prices, but misses on capacity growth

Thu, 25 Jun 2026 05:47:52 GMT

The cyclone reinsurance pool has helped to ease premium pressure in high-risk areas of northern Australia but failed to attract new insurers to the region, according to the competition watchdog...

Liberty veteran Abdallah to retire with ‘fitting legacy’

Thu, 25 Jun 2026 05:47:40 GMT

Liberty International Insurance chief underwriting officer for Asia-Pacific Mike Abdallah will retire at the end of September...

Experts group backs greater clarity in draft code

Thu, 25 Jun 2026 05:47:29 GMT

The Association of Insurance Building & Engineering Consultants says draft changes to the general insurance code of practice relating to claims handling are moving in the right direction and provide more clarity around roles...

Insurer told to fix cancer patient’s home after mould takes over

Thu, 25 Jun 2026 05:47:19 GMT

A terminally ill man whose home became uninhabitable because of mould has won a claim dispute with Allianz, which has been ordered to fix his house or make a cash settlement...

PSC invests in transport specialist

Thu, 25 Jun 2026 02:11:59 GMT

PSC Insurance Brokers says it is “well positioned” for growth in the transport market after buying MA Insurance Brokers...

Clean energy cover softens but ‘not a simple buyers’ market’

Thu, 25 Jun 2026 02:11:33 GMT

The renewable energy insurance market is softening, with most placements oversubscribed and competition driving down rates, according to a Willis report...

Stolen tools fall under portable payout cap, AFCA finds

Thu, 25 Jun 2026 02:11:20 GMT

A business has failed to win an increased payout for tools and a trailer stolen from a worksite after the industry ombudsman backed QBE’s claim handling...

Delta’s Sunrise move ‘meets brokers where they want to trade’

Thu, 25 Jun 2026 02:11:07 GMT

Delta Insurance is offering cover on Ebix Australia’s Sunrise Exchange for the first time...

‘Big day’ for Morgan as brokerage secures own licence

Thu, 25 Jun 2026 02:10:55 GMT

Morgan Insurance Brokers has started operating under its own Australian financial services licence...

Haven adds liability to product line-up

Thu, 25 Jun 2026 02:10:44 GMT

Haven Underwriting has started offering liability cover backed by capacity from Mitsui Sumitomo Insurance...

McLardy McShane endorses Cova AR tool

Thu, 25 Jun 2026 02:10:33 GMT

Insurtech Cova’s broking platform will be recommended to McLardy McShane Group authorised representatives nationwide...

NIBA Convention provides ‘unique opportunity’ for rising stars

Thu, 25 Jun 2026 02:05:45 GMT

The next generation of leaders can attend a tailored program of professional development opportunities at the upcoming National Insurance Brokers Association conference...

‘Super disappointing’: code redraft falls flat with consumer champions

Wed, 24 Jun 2026 06:22:44 GMT

The redrafted insurance code of practice doubles the penalty for breaches to $200,000 and targets claims processes that last more than a year, but consumer groups say it falls short of expectations and fails to address inquiry recommendations...

Encryption-busting Q-Day moving closer: APRA

Wed, 24 Jun 2026 06:22:38 GMT

Insurers must urgently respond to threats posed by frontier AI and encryption-breaking quantum computers, the Australian Prudential Regulation Authority has warned...

Insurer told to lift payout, compensation to ‘devastated’ family

Wed, 24 Jun 2026 06:22:31 GMT

A family has won a substantial payout and compensation for claim handling errors after home insurer Youi failed for seven months to record that one of their children was disabled or to allocate a priority assistance team...

INsight podcast: IAG’s modular move

Wed, 24 Jun 2026 06:21:26 GMT

IAG’s investment in a modular home builder and its implications for disaster recovery are the first issues discussed on the latest episode of the Insurance News podcast...

Enforceable code of practice released for feedback

Tue, 23 Jun 2026 23:30:38 GMT

The Insurance Council of Australia has unveiled a draft version of its new code of practice, which will for the first time be legally enforceable as part of contracts...

NSW budget’s blowout in ESL collections ‘shows need for reform’

Tue, 23 Jun 2026 06:13:37 GMT

The NSW budget released today underscores the case for emergency services levy reform as collection forecasts escalate compared with projections a year ago, the Insurance Council of Australia says...

Law firms rank high on ransomware target list

Tue, 23 Jun 2026 06:13:27 GMT

Ransomware threats against Australian legal and professional services firms remain at elevated levels, according to QBE’s latest threat intelligence report...

Tower names new claims chief

Tue, 23 Jun 2026 06:13:15 GMT

Tower head of claims experience and transformation Dan Walker has been made chief claims officer...