insuranceNEWS.com.au - Daily

Hailstorms push extreme weather losses to $3.5 billion

Fri, 23 Jan 2026 05:10:25 GMT

Extreme weather events caused insured losses of almost $3.5 billion in Australia last year, with severe hailstorms in October and November representing 40% of the total...

Claims pour in as floods hit NZ North Island

Fri, 23 Jan 2026 05:04:16 GMT

Hundreds of flood and land damage claims have been lodged with New Zealand insurers after severe storms battered the North Island...

‘Price isn’t right’: Beazley says no to Zurich’s latest offer

Fri, 23 Jan 2026 04:02:46 GMT

Specialty insurer Beazley has rebuffed Zurich’s latest takeover offer of £7.67 billion, saying its “detailed evaluation” of the proposal shows the price “materially undervalues” the business...

Landlord’s liability cover responds in dog attack case

Fri, 23 Jan 2026 03:58:22 GMT

A landlord will be covered for legal costs after his tenant’s dog escaped his property and mauled someone...

NIBA ‘sidestepping issues’ in code response, consumer groups say

Thu, 22 Jan 2026 05:20:37 GMT

Consumer advocates have called on the National Insurance Brokers Association to aim higher in its response to code of practice review recommendations...

Willis confirms Pacific roles for former Aon execs

Thu, 22 Jan 2026 05:20:30 GMT

Willis has appointed Eden Fletcher as head of FINEX and Stephen Trickey as head of growth for the Pacific region...

Pilot wins crash payout amid questions over injury status

Thu, 22 Jan 2026 04:54:53 GMT

A pilot has won damages over a helicopter crash in the Snowy Mountains, but a judge has questioned why he is still flying while claiming ongoing medical conditions...

Tale of hardship fails to move AFCA panel

Thu, 22 Jan 2026 04:54:06 GMT

A doctor who wanted her premiums reduced by $14,000 has lost a bid for hardship assistance before the complaints authority, which says her insurer calculated the bill fairly...

Support for disclosure move as NIBA responds to code review

Wed, 21 Jan 2026 05:31:08 GMT

The National Insurance Brokers Association has backed code review recommendations for disclosure of fees and commissions to individual and small business customers but has rejected making the document contractually enforceable...

Bondi terror attack prompts dozens of claims

Wed, 21 Jan 2026 05:17:04 GMT

The industry has received about 25 claims linked to the Bondi terror attack, the Insurance Council of Australia says...

‘Approach with care’: lawyers warn of TasInsure risk

Wed, 21 Jan 2026 05:16:44 GMT

Lawyers have questioned the need for a state-owned general insurer in Tasmania and warn any model should be kept separate from the compulsory third party scheme for motor accidents...

Reckless driver’s AFCA case burns out

Wed, 21 Jan 2026 05:16:29 GMT

A driver who crashed while performing a “burnout” will not receive a claim payment because he recklessly damaged his car...

ICA sounds caution on councils’ flood mutual plan

Tue, 20 Jan 2026 04:44:52 GMT

A national approach to affordability problems in flood-prone regions is preferable to localised plans that may face financial risks, the Insurance Council of Australia says...

‘Bear hug bid’: Zurich lifts Beazley offer after rejections

Tue, 20 Jan 2026 04:32:05 GMT

Zurich has made another offer for specialty insurer Beazley, raising its bid to about £7.6 billion ($15.2 billion)...

APRA taps general insurance director for life role

Tue, 20 Jan 2026 03:30:16 GMT

The prudential regulator has appointed Jane Magill as executive director for life insurance...

Burden of proof crushes $260k theft claim

Tue, 20 Jan 2026 03:20:34 GMT

A home contents policyholder who reported the theft of $260,000 of items including jewellery and gold bullion while he was overseas will not receive a payout after failing to prove ownership...

Regional councils eye home cover mutual

Mon, 19 Jan 2026 05:11:38 GMT

A group of Queensland councils have asked Marsh’s JLT to consider a mutual insurance option for regional residents and businesses hit by premium increases...

Gallagher Re fills chief exec role

Mon, 19 Jan 2026 04:39:25 GMT

Aon Reinsurance Australia casualty leader for Asia-Pacific Grant Hollyman will become Gallagher Re’s CEO for Australia and New Zealand...

Strata body warns of ‘tragic and accelerating’ battery fire threat

Mon, 19 Jan 2026 04:39:00 GMT

Strata Community Association Queensland has renewed its call for urgent action by regulators to tackle lithium-ion battery fire hazards...

Property owner’s quake claim on shaky ground

Mon, 19 Jan 2026 04:37:28 GMT

A homeowner who said her gas line was damaged in an earthquake will not receive a payout after the financial services ombudsman found insufficient evidence to support her claim...