Daily

Cyclone pool premium changes proposed

02 October 2026

Cyclone pool premium annual collections from insurers would increase to $770 million under draft rates proposed as part of the most comprehensive reassessment undertaken in four years...

Gallagher acquires NZ brokerage

02 October 2026

Gallagher has expanded its New Zealand operations with the purchase of Albany Insurance Services, a retail broker with commercial and personal lines clients in Auckland and Canterbury regions...

Insurer wins war of words over Dubai travel claim

02 October 2026

A travel insurer was entitled to use its war exclusion to reject a claim for a Middle East trip that was cancelled following an airspace closure and “do not travel” warning, the industry ombudsman has ruled...

Non-compete 'ban' could hit industry hard

01 October 2026

Insurers and brokers could be significantly impacted by the federal government’s "non-compete" legislation, expected to come into force early next year, employment lawyers have warned...

Criterion appoints new CEO

01 October 2026

Criterion Underwriting, which specialises in complex and hard-to-place risks, has appointed Ian Mundy as CEO as the business expands its capabilities for brokers and their clients...

'Supercharged' Jaguar not covered for teen driver smash

01 October 2026

A motor insurer was right to reject a claim for a damaged Jaguar being driven by an 18-year-old, because the policyholder had been repeatedly warned that under-25 drivers were excluded, the industry ombudsman found...

Industry profits strong as challenges loom

30 September 2026

The general insurance industry remains in a strong financial position but softer commercial lines, inflation pressures and fewer reserve releases will test margins looking ahead, the annual Taylor Fry Radar report says...

Life insurers address mental health in code review response

30 September 2026

Life insurers have stressed the need for “appropriate product design flexibility” to keep mental health cover affordable and accessible as the industry takes its overhaul of its code of practice to the next phase following a review...

Make-safe required even though claim excluded: AFCA

30 September 2026

An insurer has been ordered to cover secondary roof damage to a beachside home after the industry ombudsman found it should have carried out temporary make-safe works – even though it was entitled to reject the original claim for problems caused by nesting birds...

Zurich publishes first local risk index

29 September 2026

More than one in five Australians is facing significant vulnerability, with financial security the strongest factor affecting overall resilience, according to a new index launched by Zurich...

Action urged on masked home risk signals

29 September 2026

The Insurance Contracts Act should be amended to require companies to give clear information on reasons for premium increases, ensuring the risk signal supports resilience and helps affordability, a report on home and contents renewals says...

Half-year intermediated premium exceeds $21 billion

29 September 2026

General insurance intermediaries including brokers placed business worth about $21.87 billion in premium for the half year to June, according to Australian Prudential Regulation Authority data released today...

NIBA finalising code after extensive feedback

29 September 2026

The National Insurance Brokers Association says the board will finalise its new code of practice in coming weeks, after receiving more than 300 pieces of feedback...

IAG agrees to Greensill dispute settlement

25 September 2026

IAG has settled a dispute with Credit Suisse related to the collapse of Greensill that involved claimed amounts of about $2.8 billion plus interest...