insuranceNEWS.com.au - Daily

Broker, agency concerns revealed as code feedback published

Fri, 28 Aug 2026 06:26:46 GMT

The Insurance Council of Australia says submissions published today on the code of practice redraft show the complexity of issues under consideration, and include a broad range of views...

Seven up for Vero as Gold Mansfield run continues

Fri, 28 Aug 2026 06:25:38 GMT

Vero extended a winning streak at the Mansfield Awards as the event celebrating claims excellence marked its 10th year last night...

AI risk urgency ‘cannot be overstated’

Fri, 28 Aug 2026 06:25:28 GMT

Australian regulators are urging insurers to take “decisive action” as new artificial intelligence tools magnify the threat of cyberattacks...

Claimant pays price for mix-up over property title

Fri, 28 Aug 2026 06:25:16 GMT

A homeowner who bought insurance without disclosing his property was under a community title has lost his bid for a payout following a fire...

Industry in ‘pretty good shape’ despite profit dip

Thu, 27 Aug 2026 06:29:51 GMT

The general insurance industry made $2.25 billion after-tax profit from continuing operations in the June quarter, down from about $2.36 billion a year earlier, according to Australian Prudential Regulation Authority data released today...

Guy Carpenter names new Pacific CEO, director

Thu, 27 Aug 2026 06:29:43 GMT

Justin Ward has been promoted to Pacific CEO at Guy Carpenter and will move to Sydney from Singapore next July...

Chubb appoints NZ country president

Thu, 27 Aug 2026 06:29:34 GMT

Chubb has named Jon Longmore country president for New Zealand, in the latest leadership change at the insurer...

Free webinar focuses on fast-growing AR sector

Thu, 27 Aug 2026 05:35:52 GMT

An Insurance News webinar will provide valuable insights on some of the key issues affecting the rapidly evolving authorised representative sector...

Steadfast profit rises as takeover looms

Wed, 26 Aug 2026 06:22:24 GMT

Steadfast has delivered an 8.2% earnings rise in annual results reported before its expected acquisition by a private equity consortium...

Australians ‘still catching up’ on alternative sales channels

Wed, 26 Aug 2026 06:21:45 GMT

Consumers in Australia are resistant to buying insurance via non-traditional channels, with just 8% using third-party marketplace apps, research by Cover Genius has found...

Crash driver’s swerve to the left doesn’t sound right to AFCA

Wed, 26 Aug 2026 06:20:12 GMT

A motorist’s account of swerving to avoid an animal and hitting an abandoned truck has been labelled “not credible”...

INsight podcast: Steadfast deal is on

Wed, 26 Aug 2026 06:19:21 GMT

The deal to acquire Steadfast for $7.7 billion has been agreed, and this significant development is the first item discussed on the latest Insurance News podcast...

Market responds as Japanese giant ‘eyes bid for Suncorp’

Tue, 25 Aug 2026 06:31:21 GMT

Suncorp shares surged almost 8% today as investors appeared to react to a media report saying Tokio Marine may be lining up a bid for the Queensland-based insurer...

AUB chief tells insurers to be rational on pricing

Tue, 25 Aug 2026 06:21:09 GMT

AUB Group CEO Mike Emmett has urged insurers to maintain pricing discipline after the company reported underlying net profit last year rose 12.2% to $224.6 million amid challenging market conditions...

Brokers talk rural risk as peak body focuses on regions

Tue, 25 Aug 2026 06:20:32 GMT

An Agriculture and Rural Risk Forum will be held in Orange next month as part of a broader regional push by the National Insurance Brokers Association...

Of course it’s a buggy, but off course it’s not covered

Tue, 25 Aug 2026 06:19:56 GMT

A utility terrain vehicle owner has been denied a theft claim payout even though his contents policy stated it covered “a golf cart or buggy”...

‘Substantive issues’ agreed in Steadfast deal

Fri, 21 Aug 2026 06:02:02 GMT

Steadfast shares were placed on a trading halt today as documentation on a proposed takeover by a consortium was being finalised...

Crash repairer AMA returns to profit as insurer links pay off

Fri, 21 Aug 2026 06:01:53 GMT

Collision repairer AMA Group has reported a full-year profit of $7.7 million despite easing volumes in the fourth quarter, and says insurer relationships are improving in a key division...

Insurance leads the way in household spending uptick

Fri, 21 Aug 2026 06:01:45 GMT

Consumer spending on insurance grew 1.2% last month – the biggest rise among 12 categories monitored by Commonwealth Bank...

Claimant’s story has a ring of untruth about it, AFCA finds

Fri, 21 Aug 2026 06:01:33 GMT

QBE was entitled to reject a claim for a $14,000 diamond engagement ring after deeming it fraudulent, the industry ombudsman has ruled...