The general insurance industry returned better results in the year to September 30, with net profit after tax rising 4.5% to $944 million from a year earlier, according to the latest prudential data...

The Federal Court has scheduled an initial hearing for a Greensill action filed last week against IAG over a $US35 million trade credit insurance claim...

The Australian Financial Complaints Authority and the Federal Government have supported recommendations from a Treasury review to improve the ombudsman’s performance...

The troubled individual disability income insurance product is finally in the black, posting an after-tax profit of $124 million in the 12-month period to September 30 after losing $1.41 billion a year earlier, according to latest statistics from the Australian Prudential Regulation Authority...

Nominations for the 2022 round of the Young Professional Broker of the Year Award are now open, the National Insurance Brokers Association has announced...

The COVID-19 pandemic has accelerated insurance sector plans to improve technology capabilities as pathways open up for partnerships, the Finity Optima report says...

Financial Complaints Authority figures show 70% of business interruption policyholders who have had pandemic-related claims accepted following a UK test case have now received at least an interim payment...

The Australian Financial Complaints Authority has received a generally positive report card after its first Treasury review, with recommendations aimed at fine-tuning and keeping it on track rather than requiring major changes...