insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auMinister vows to move with caution on price transparencyhttps://www.insurancenews.com.au/regulatory-government/minister-vows-to-move-with-caution-on-price-transparencyhttps://www.insurancenews.com.au/regulatory-government/minister-vows-to-move-with-caution-on-price-transparency<p>Premium transparency reforms could support resilience aims but will be approached carefully, Financial Services Minister Daniel Mulino told the Insurance Council of Australia conference today...</p>Fri, 06 Nov 2026 05:17:28 GMTCode review ‘a priority’ as ASIC prepares to canvass viewshttps://www.insurancenews.com.au/regulatory-government/code-review-a-priority-as-asic-prepares-to-canvass-viewshttps://www.insurancenews.com.au/regulatory-government/code-review-a-priority-as-asic-prepares-to-canvass-views<p>The Australian Securities and Investments Commission will begin seeking views on the redrafted general insurance code of practice next week and aims to finalise its review process in the new year...</p>Fri, 06 Nov 2026 05:17:08 GMTMarsh brings in climate risk specialisthttps://www.insurancenews.com.au/corporate/marsh-brings-in-climate-risk-specialisthttps://www.insurancenews.com.au/corporate/marsh-brings-in-climate-risk-specialist<p>Global broker Marsh has appointed Jacob Fitzroy as its first climate and sustainability risk consulting leader for the Pacific region...</p>Fri, 06 Nov 2026 05:15:30 GMTPace of tech change ‘leaves business policyholders exposed’https://www.insurancenews.com.au/insurtech/pace-of-tech-change-leaves-business-policyholders-exposedhttps://www.insurancenews.com.au/insurtech/pace-of-tech-change-leaves-business-policyholders-exposed<p>Annual insurance reviews cannot keep up with shifting technology exposures, according to Knightcorp Insurance Brokers...</p>Fri, 06 Nov 2026 05:15:15 GMTNo payout for zoo after cold snap kills crochttps://www.insurancenews.com.au/daily/no-payout-for-zoo-after-cold-snap-kills-crochttps://www.insurancenews.com.au/daily/no-payout-for-zoo-after-cold-snap-kills-croc<p>A zoo has been denied a payout for the death of a saltwater crocodile, because its business insurance policy excluded live animals...</p>Fri, 06 Nov 2026 05:07:32 GMTICA chair calls on stakeholders to ‘lock in behind’ new codehttps://www.insurancenews.com.au/local/ica-chair-calls-on-industry-to-lock-in-behind-new-codehttps://www.insurancenews.com.au/local/ica-chair-calls-on-industry-to-lock-in-behind-new-code<p>Insurance Council of Australia chair Steve Johnston says the new code of practice marks a step change for the sector and he has urged support for the document as it moves through the regulatory approval process...</p>Thu, 05 Nov 2026 05:33:55 GMTEML takes on Catholic Church Insurance workers’ comp businesshttps://www.insurancenews.com.au/corporate/eml-takes-on-catholic-church-insurance-workers-comp-businesshttps://www.insurancenews.com.au/corporate/eml-takes-on-catholic-church-insurance-workers-comp-business<p>Catholic Church Insurance will transfer its national workers&rsquo; compensation legacy portfolio to personal injury claims manager EML Group...</p>Thu, 05 Nov 2026 05:33:25 GMTNSW dominates bushfire hotspot rankingshttps://www.insurancenews.com.au/local/nsw-dominates-bushfire-hotspot-rankingshttps://www.insurancenews.com.au/local/nsw-dominates-bushfire-hotspot-rankings<p>Eight of the 10 postcodes with the most homes at risk of bushfire are in NSW, data from GIO shows...</p>Thu, 05 Nov 2026 05:17:34 GMTSpecial INsight podcast looks to the future with NIBAhttps://www.insurancenews.com.au/the-professional/special-insight-podcast-looks-to-the-future-with-nibahttps://www.insurancenews.com.au/the-professional/special-insight-podcast-looks-to-the-future-with-niba<p>A special edition of the Insurance News INsight podcast examines the National Insurance Brokers Association&rsquo;s Future Ready convention theme...</p>Thu, 05 Nov 2026 05:17:17 GMTOmbudsman says nay to insurer’s horse playhttps://www.insurancenews.com.au/daily/ombudsman-says-nay-to-insurer-s-horse-playhttps://www.insurancenews.com.au/daily/ombudsman-says-nay-to-insurer-s-horse-play<p>An insurer has been ordered to cover a horse&rsquo;s veterinary costs after failing to prove its owner knew it had a tumour when she bought her equine policy...</p>Thu, 05 Nov 2026 05:16:24 GMTBeefy premium: Achmea covers Australia’s most expensive bullhttps://www.insurancenews.com.au/local/beefy-premium-achmea-covers-australia-s-most-expensive-bullhttps://www.insurancenews.com.au/local/beefy-premium-achmea-covers-australia-s-most-expensive-bull<p>An 834kg bull dubbed a &ldquo;herd improver&rdquo; that sold for a record $420,000 has been insured under an Achmea stud stock policy...</p>Wed, 04 Nov 2026 05:20:39 GMTDisaster Ready Fund reveals NSW, ACT cash recipientshttps://www.insurancenews.com.au/regulatory-government/disaster-ready-fund-reveals-nsw-act-cash-recipientshttps://www.insurancenews.com.au/regulatory-government/disaster-ready-fund-reveals-nsw-act-cash-recipients<p>The Disaster Ready Fund&rsquo;s fourth round of grants will support 14 NSW projects and seven in the ACT, with combined federal and local investments across the two regions topping $100 million...</p>Wed, 04 Nov 2026 05:20:15 GMT‘Irreplaceable presence’: colleagues pay tribute to Chubb underwriterhttps://www.insurancenews.com.au/the-professional/irreplaceable-presence-colleagues-pay-tribute-to-chubb-underwriterhttps://www.insurancenews.com.au/the-professional/irreplaceable-presence-colleagues-pay-tribute-to-chubb-underwriter<p>A funeral will be held on Monday for Chubb underwriter James Balis, who died on October 23 aged 31...</p>Wed, 04 Nov 2026 05:07:48 GMTOmbudsman backs driver in fiery dispute over car claimhttps://www.insurancenews.com.au/daily/ombudsman-backs-driver-in-fiery-dispute-over-car-claimhttps://www.insurancenews.com.au/daily/ombudsman-backs-driver-in-fiery-dispute-over-car-claim<p>An insurer has been ordered to settle on a burnt-out Range Rover after failing to convince the ombudsman the claimant lied about the fire...</p>Wed, 04 Nov 2026 02:37:35 GMTINsight podcast: celebrity claims conflict in contexthttps://www.insurancenews.com.au/daily/insight-podcast-celebrity-claims-conflict-in-contexthttps://www.insurancenews.com.au/daily/insight-podcast-celebrity-claims-conflict-in-context<p>A celebrity YouTube show that criticised insurer claims handling is the first topic discussed on the latest Insurance News podcast...</p>Wed, 04 Nov 2026 01:03:29 GMTQBE names next Pacific chiefhttps://www.insurancenews.com.au/corporate/qbe-names-next-pacific-chiefhttps://www.insurancenews.com.au/corporate/qbe-names-next-pacific-chief<p>Leanne Nel will become QBE Pacific CEO and MD, taking over from Jonathan Groves after he was promoted to a wider regional role...</p>Tue, 03 Nov 2026 04:58:05 GMTClaims inflation ‘at odds’ with soft pricinghttps://www.insurancenews.com.au/local/claims-inflation-at-odds-with-soft-pricinghttps://www.insurancenews.com.au/local/claims-inflation-at-odds-with-soft-pricing<p>Claim cost pressure is a key concern in the Australian market as insurers &ldquo;aggressively&rdquo; pursue business in a soft pricing environment, Aon says...</p>Tue, 03 Nov 2026 04:57:57 GMTAon national leader to join Allianz as distribution headhttps://www.insurancenews.com.au/corporate/aon-national-leader-to-join-allianz-as-distribution-headhttps://www.insurancenews.com.au/corporate/aon-national-leader-to-join-allianz-as-distribution-head<p>Allianz Australia says Alison Smith will join in January as GM for distribution...</p>Tue, 03 Nov 2026 04:57:40 GMTSmall business cyber cover now cheaper and easier to buy, MPs hearhttps://www.insurancenews.com.au/regulatory-government/small-business-cyber-cover-now-cheaper-and-easier-to-buy-mps-hearhttps://www.insurancenews.com.au/regulatory-government/small-business-cyber-cover-now-cheaper-and-easier-to-buy-mps-hear<p>Cyber cover prices are falling and insurers are trying to ease the buying process for SMEs to encourage take-up, industry figures have told a parliamentary inquiry...</p>Tue, 03 Nov 2026 04:56:57 GMTMotorist’s ‘unknown’ convictions claim fails to persuade AFCAhttps://www.insurancenews.com.au/daily/motorist-s-unknown-convictions-claim-fails-to-persuade-afcahttps://www.insurancenews.com.au/daily/motorist-s-unknown-convictions-claim-fails-to-persuade-afca<p>An insurer was right to reject a car theft claim after its policyholder failed to mention two criminal convictions when renewing his cover, the industry ombudsman says...</p>Tue, 03 Nov 2026 04:56:41 GMT