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ACCC says cyclone pool full impacts may be ‘some time’ away

08 December 2023

UAC honours William Legge with Lifetime Achievement Award

08 December 2023

Bundaberg flood levee 'a step closer'

08 December 2023

Claimant loses dispute over $45,000 African clothes

08 December 2023

Local

  • Flood damage ‘wildly disproportionate’ to known exposure: ICA 
  • Severe eastern Australia storms trigger thousands of claims 
  • Bureau warns cyclone could move close to Queensland next week 
  • Queensland, NSW at heightened summer bushfire risk 

Corporate

  • Ivory Insurance granted general insurance licence 
  • CGU launches ‘Broker Love’ strategy 
  • Marsh closes Honan acquisition  
  • Resilium Partners acquires Canberra AR 

Regulatory & Government

  • Competition tribunal starts hearing Suncorp bank sale appeal 
  • Canberra provides ‘100%’ guarantee to plug midwives PI gap 
  • RACQ makes $253 million provision for pricing remediation program 
  • ICA calls on NSW to ‘take lead’ on natural hazard resilience  

Life Insurance

  • Insurer wins dispute over mental health misrepresentation 
  • Advice firm fined $100,000 for false details 
  • NZ life advisory firm’s licence cancelled 
  • Fees for no service: OnePath Custodians penalised $5 million  

The Professional

  • Insurance News launches innovative conference 
  • Suncorp's Spirit to Cure program delivers record fundraiser 
  • Clyde & Co announces leadership change to Australia team  
  • Kennedys names new partner in Australia

Insurtech

  • Insurtech Australia enters UK partnership 
  • Xceedance seeks Generative AI insurtech collaborators 
  • Financial services startups look beyond Australia  
  • Moodflx, Airdocs win DXC Invitational 

International

  • Lloyd’s business plan aims for 11% GWP growth 
  • Hurricane season ends after ‘above-average’ storm activity 
  • Reinsurer tougher stance here to stay: AM Best 
  • HDI Global nine-month revenue grows 10% 

Analysis

  • Broker Love: IAG opens up on next stage of turnaround plan  
  • Tectonic shift: risks go both ways in energy transition 
  • Greatest gift: ESL delight, but history dictates caution 
  • Never-ending story: broker code debate maintains momentum 
Inside Information
Building a better future: Zurich offers sustainable property expertise Brought to you by Zurich Australia
Revving Up for Change: Technology Challenges in Motor Insurance Claims Brought to you by AAMC

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