insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auQBE beats guidance with ‘optimised portfolio’https://www.insurancenews.com.au/daily/qbe-beats-guidance-with-optimised-portfoliohttps://www.insurancenews.com.au/daily/qbe-beats-guidance-with-optimised-portfolio<p>QBE&rsquo;s full-year earnings grew 21%, lifted by gross written premium gains, investment income and global catastrophe costs falling below allowance despite Australian storms and floods...</p>Fri, 20 Feb 2026 05:08:09 GMTDamage limitation key as fintech grapples with hack: Aonhttps://www.insurancenews.com.au/daily/damage-limitation-key-as-fintech-grapples-with-hack-aonhttps://www.insurancenews.com.au/daily/damage-limitation-key-as-fintech-grapples-with-hack-aon<p>Aon says &ldquo;containing impact&rdquo; is central to cyber resilience, after Australian fintech platform youX reported a hacker had gained access to client data...</p>Fri, 20 Feb 2026 05:04:32 GMTCar owner denied payout after faulty fuel causes breakdownhttps://www.insurancenews.com.au/daily/car-owner-denied-payout-after-faulty-fuel-causes-breakdownhttps://www.insurancenews.com.au/daily/car-owner-denied-payout-after-faulty-fuel-causes-breakdown<p>A motor policyholder whose car was damaged by contaminated fuel will not receive a payout because the loss was not caused by a single incident...</p>Fri, 20 Feb 2026 05:04:08 GMTInsurance News conference to examine claims trendshttps://www.insurancenews.com.au/daily/insurance-news-conference-to-examine-claims-trendshttps://www.insurancenews.com.au/daily/insurance-news-conference-to-examine-claims-trends<p>A panel of experts will discuss the evolution of claims &ndash; including the accelerating influence of technology &ndash; at the upcoming Insurance News conference...</p>Fri, 20 Feb 2026 05:01:59 GMTPendulum may have swung too far on regulation: Enthovenhttps://www.insurancenews.com.au/daily/pendulum-may-have-swung-too-far-on-regulation-enthovenhttps://www.insurancenews.com.au/daily/pendulum-may-have-swung-too-far-on-regulation-enthoven<p>Barriers to entry in Australia&rsquo;s insurance market have soared and the costs and complexity of regulation make it almost impossible to launch a business, according to Richard Enthoven...</p>Thu, 19 Feb 2026 05:30:02 GMTRoundtable weighs options for flood-prone Mid North Coasthttps://www.insurancenews.com.au/daily/roundtable-weighs-options-for-flood-prone-mid-north-coasthttps://www.insurancenews.com.au/daily/roundtable-weighs-options-for-flood-prone-mid-north-coast<p>A Mid North Coast roundtable has discussed responses to the region&rsquo;s flood cover and insurance affordability issues, including a potential pool, mitigation and more flexible policy wordings...</p>Thu, 19 Feb 2026 05:27:28 GMTNZ counts cost after latest storm barragehttps://www.insurancenews.com.au/daily/nz-counts-cost-after-latest-storm-barragehttps://www.insurancenews.com.au/daily/nz-counts-cost-after-latest-storm-barrage<p>Claims are rolling in to New Zealand insurers after floods and damaging wind hit a wide area just weeks on from a similar severe storm...</p>Thu, 19 Feb 2026 05:21:57 GMTOmbudsman backs insurer’s fraud finding on crash claimhttps://www.insurancenews.com.au/daily/ombudsman-backs-insurer-s-fraud-finding-on-crash-claimhttps://www.insurancenews.com.au/daily/ombudsman-backs-insurer-s-fraud-finding-on-crash-claim<p>A driver who said his car was wrecked in an at-fault crash will not receive a payout after the financial services ombudsman agreed with his insurer that he lied about the incident...</p>Thu, 19 Feb 2026 05:21:01 GMTSuncorp 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 GMTCowden names chairman, CEOhttps://www.insurancenews.com.au/daily/cowden-names-chairman-ceohttps://www.insurancenews.com.au/daily/cowden-names-chairman-ceo<p>Broking company Cowden has named experienced insurance industry executive Veronica Grigg as CEO and Paul Shand as chairman...</p>Fri, 13 Feb 2026 05:11:24 GMTNib inks deal to sell World Nomads travel businesshttps://www.insurancenews.com.au/daily/nib-inks-deal-to-sell-world-nomads-travel-businesshttps://www.insurancenews.com.au/daily/nib-inks-deal-to-sell-world-nomads-travel-business<p>Listed health group Nib Holdings will sell its World Nomads international travel insurance business for a cash consideration of $67.5 million to International Medical Group...</p>Fri, 13 Feb 2026 04:01:19 GMTInsurer must pay home claim despite waterproofing defecthttps://www.insurancenews.com.au/daily/insurer-must-pay-home-claim-despite-waterproofing-defecthttps://www.insurancenews.com.au/daily/insurer-must-pay-home-claim-despite-waterproofing-defect<p>A homeowner whose property was damaged after more than a week of torrential rainfall will be paid out even though the home was not adequately waterproofed...</p>Fri, 13 Feb 2026 03:50:11 GMTICA chief to outline challenges at Insurance News conferencehttps://www.insurancenews.com.au/daily/ica-chief-to-outline-industry-challenges-at-insurance-news-conferencehttps://www.insurancenews.com.au/daily/ica-chief-to-outline-industry-challenges-at-insurance-news-conference<p>Insurance Council of Australia CEO Andrew Hall will deliver a keynote speech at the upcoming Outlook 2026 conference...</p>Fri, 13 Feb 2026 03:28:14 GMT