Daily
Suncorp steps up reinsurance protection
24 April 2026
Suncorp says it has taken advantage of improved reinsurance market conditions to boost its cover with an aggregate arrangement providing $800 million of protection annually, up to a total of $2.4 billion across five years...
Are rate reductions rational? Watch market outlook webinar
24 April 2026
Signs of irrationality are appearing in a “deeply softening” market and it’s hard to see how current trends in the most impacted sectors can continue, according to experts from Finity...
Willis names leader for Pacific natural resources push
24 April 2026
Willis’ Queensland manager Scott Kirkwood has been promoted to Pacific head of natural resources, replacing Matt Frost following his retirement...
Past catches up with driver as cover cancelled
24 April 2026
A Porsche owner has lost his bid for a damage payout because he failed to disclose driving offences that would have made him uninsurable...
Industry books ‘solid’ 2025 profit despite weather toll
23 April 2026
Premium increases helped the general insurance industry make a profit after tax of $5.2 billion last calendar year, KPMG says today in an annual review...
Code update talks continue in ‘complex’ process
23 April 2026
The Insurance Council of Australia is still consulting on its code of practice redraft, as consumers await a document that will deliver improvements in response to recommendations delivered more than a year ago...
Business or leisure? AFCA decides in drug damage case
23 April 2026
A landlord has lost a bid to have methamphetamine damage in her property covered after the complaints authority found her policy did not respond to contamination from recreational drug use...
PSC makes ‘strategic appointment’ for trade credit expansion
23 April 2026
Sydney-based James Thornberry has been appointed head of trade credit and surety at PSC Insurance Brokers...
Australian rates slide maintains pace
22 April 2026
Commercial pricing fell 12% in the Australia-dominated Pacific region in the first quarter, matching the preceding period’s decline, the latest Marsh market index shows...
Watchdog weighs ICA’s pitch on standardised terms
22 April 2026
The competition regulator will deliver a draft decision mid-year on proposed home insurance standard definitions for “wear and tear” and “reasonable steps to maintain”, amid concerns about lack of clarity...
Comma police: AFCA puts full stop to motorbike claim
22 April 2026
A claimant who argued his stolen motorbike should be covered under his home and contents policy has lost a dispute that centred on an insurance document’s use of punctuation...
INsight podcast: what’s driving EV uptake surge?
22 April 2026
A sharp rise in electric vehicle interest is on insurers’ radar, and it’s the first item discussed on the latest Insurance News podcast...
‘Jewel robbery’ swindler cleared of violent crimes
21 April 2026
Celebrity jeweller Michel Germani will be sentenced next month for staging a robbery to commit insurance fraud – but he has avoided more serious criminal convictions...
Failing market harms children, scout leaders say
21 April 2026
Scouts Australia warns systemic insurance market failure is forcing the closure of outdoor programs that build resilience, wellbeing and social skills, “threatening an entire generation” of children...
Queensland bears brunt as wild weather losses surge
21 April 2026
Extreme weather led to 294,000 claims and $4.8 billion in insured losses last year, up from $585 million in 2024, a new Insurance Council of Australia analysis shows...
Train passenger right to leave bag unattended, AFCA finds
21 April 2026
HDI Global Specialty has been ordered to cover a traveller for luggage stolen during a train journey after the complaints authority found she could not be blamed for leaving the bag in a designated storage area...
‘Stronger together’: Steadfast open to more mergers
17 April 2026
Steadfast says it will “continue reviewing” options to bring more of its brokers and underwriting agencies together – but stresses such mergers are often driven by the businesses themselves...
Pemba-linked premium funder brings in group chief
17 April 2026
Premium funding specialist Bravas has appointed James Woodhams as group CEO...
Agile makes underwriting leadership changes
17 April 2026
Agile Insurance Group says its Lloyd’s Syndicate 2427 active underwriter Mark Hunt has become group chief underwriting officer...
Owner loses claim dispute after pet put down
17 April 2026
The complaints authority has allowed Petsure to reject a claim for $30,176 in medical costs after a puppy suffered seizures and had to be euthanised...