Daily

Suncorp has pressed the case for the reopening of borders to help the economy recover from the impact of the COVID-19 outbreak and says its own program of work to reset its business post-pandemic is well underway...

S&P Global Ratings has urged Australian insurers to consider other measures such as government-backed schemes to cope with what is expected to be a worsening claims burden from weather-related disasters as climate change intensifies...

Axa XL has announced it will no longer write management liability or financial institutions business in the London market due to persistent profitability concerns, but the decision does not affect Australia...

A man has lost a dispute with Suncorp after he lodged a claim for lost rental income from cancelled holiday bookings due to COVID-19 pandemic restrictions...

Australian businesses are increasingly suffering “insurance stress” caused by price spikes, reduced coverage or an inability to secure insurance at all, a new survey has found...

The builder of Sydney’s Opal Tower has won Federal Court action taken against Liberty Mutual and QBE over insurance claim denials for construction problems at the high-profile development...

Hollard has lost a dispute over a roof damage claim after it was found the online insurance application process didn’t make clear the presence of asbestos needed to be disclosed...

Insurers are facilitating greater Indigenous engagement with the creation of a new liaison forum and a round of consultation to understand how a proposal to raise the wall of Sydney’s Warragamba dam by 14 metres could impact upstream areas and cultural heritage sites...

The National Insurance Brokers Association has received sharp criticism for significant hold-ups in reviewing its Insurance Brokers Code of Practice...

Insurers should have a plan for responding to the outcome of the business interruption test case heard earlier this month, the Australian Securities and Investments Commission has told company directors...

The Australian Securities and Investments Commission is stepping up regulatory preparations for the start of laws extending consumer and small business unfair contract term protections to insurance...

The Financial Services Council has today released a report setting out suggestions on ways to improve the provision of advice to consumers, some of which could also impact general insurance...

Almost half of insurance and finance businesses responding to a survey say they are accessing the Federal Government's JobKeeper scheme, and a similar number say upcoming changes will hit them hard...

The Bank of Queensland has signed an agreement to sell St Andrew’s Insurance for $23 million to private investment vehicle Farmcove...

Fast-growing insurtech underwriting agency Blue Zebra has partnered with Point Insurance to launch a new personal accident and sickness insurance brand...

An insurer has lost a dispute over a travel claim it denied because the policyholders cancelled their trip three weeks before an Australian government travel ban on March 25...

Allianz is in “advanced discussions” to buy Westpac’s general insurance business in a deal estimated at $500 million, a media report claims today...

The NSW Supreme Court has found against Cover Genius Services in a dispute over office leasing and unpaid rent amid financial impacts from the COVID-19 pandemic...

Suncorp New Zealand has appointed Jimmy Higgins CEO effective today after he took over the role on an interim basis in July amid leadership changes within the wider group...

Suncorp has won a claim dispute with a cosmetic clinic whose client undertook legal proceedings after injectable fillers triggered an adverse reaction...