IAG initiative: brokers divided over their role 1 April 2020 Brokers are divided over IAG’s decision to defer premium payments for up to six months for small businesses experiencing financial hardship in the coronavirus crisis... Read More...
NIBA cancels Melbourne convention 1 April 2020 The National Insurance Brokers Association has cancelled its annual convention scheduled for Melbourne in October due to the coronavirus outbreak... Read More...
Collision with kangaroos leaves motor claimant out of pocket 1 April 2020 A travelling musician whose car was damaged in a collision with kangaroos has failed in his bid to have his insurer compensate him for the losses... Read More...
Summer east coast low in top three: Perils 1 April 2020 Swiss catastrophe data company Perils says February storms and floods have caused the third-largest Australian east coast low insurance losses in three decades... Read More...
ICA toils on industry-wide virus support measures 30 March 2020 The Insurance Council of Australia is continuing to work with member companies on industry-wide initiatives to help customers through the COVID-19 crisis... Read More...
QBE withdraws targets amid 'extraordinarily difficult' times 30 March 2020 QBE has withdrawn its guidance for financial targets this year due to the uncertainty caused by the coronavirus outbreak and has confirmed it will hold a "virtual" annual meeting in May... Read More...
Pragmatism rules at ASIC over AGM changes 30 March 2020 Arrangements and management of AGMs is usually carefully monitored by government regulators, but the Australian Securities and Investments Commission says it is being "flexibly pragmatic" in light of the coronavirus crisis... Read More...
Life industry faces 'rough ride' from pandemic disruption: S&P 30 March 2020 Australia's life insurers and its Asia Pacific counterparts are in a for a "rough ride" as the coronavirus pandemic wreaks havoc on the global financial markets, S&P Global Ratings has warned... Read More...
'Socially responsible': ANZIIF calls off awards 30 March 2020 The Australian and New Zealand Institute of Insurance and Finance says it is "extremely disappointed" that the coronavirus outbreak has caused the cancellation of its industry awards this year... Read More...
Back in the black, Lloyd's seeks input on virus losses 30 March 2020 Lloyd's has returned to profit after two straight years of losses, with the reversal attributed to the investment performance, rate increases and improved underwriting discipline... Read More...
'Herding cats' through a coronavirus crisis 30 March 2020 Make no mistake, the general insurance industry wants to do all it can to help consumers and small businesses get through COVID-19... Read More...