Daily

UAC looks to fill newly created CEO role

11 November 2022

The Underwriting Agencies Council has started screening potential candidates to take up the newly created CEO role as the peak body looks to build on the growth of the agency sector...

'Century of bad planning' requires mitigation catch-up

10 November 2022

Multi-year investment programs that may ultimately cost in the billions of dollars will be required by governments to remedy issues left by a century of poor planning, Suncorp CEO Steve Johnston says...

NSW to create disaster reconstruction authority

10 November 2022

New legislation has been introduced to parliament today for the establishment of a NSW Reconstruction Authority dedicated to natural disaster preparedness, recovery and reconstruction...

ASIC letter spells out expectations ahead of high-risk summer

09 November 2022

The Australian Securities and Investments Commission has written to insurers warning they should be prepared, proactive, transparent, consumer-centric and responsive in dealing with claims as they face a summer that’s likely to continue the recent heightened pattern of severe weather events...

Aon sets up Climate Advisory Council

09 November 2022

Aon announced today it has established an advisory council in Australia to address climate risks as well as find solutions and mitigation initiatives...

Parliamentary committee to inquire into cyclone pool

08 November 2022

The Federal Parliamentary Joint Select Committee on Northern Australia will this month hold a one-day hearing into the cyclone reinsurance pool to consider changes needed for the scheme to operate more quickly and effectively in reducing premiums...

Policy clarity vital as disaster complaints rise: AFCA

04 November 2022

Policy clarity around the risks covered is critical amid a rise in complaints this year related to natural disaster claims, Australian Financial Complaints Authority Lead Ombudsman Insurance Emma Curtis says...