Daily
CBA delayed action over consumer credit insurance failures
20 November 2018
The Hayne royal commission has heard how the Commonwealth Bank continued to sell consumer credit insurance products for years after concerns were raised...
Kiwis fear insurance retreat from high risks
20 November 2018
New Zealanders are becoming increasingly concerned that insurers may withdraw cover from high-risk areas as the impact of climate change intensifies...
CEOs take the pledge – zero tolerance for harassment
20 November 2018
Executives from some of Australia’s leading insurance groups have pledged an “unwavering commitment” to creating diverse, inclusive workplaces...
QBE chief explains staffing restructure
16 November 2018
QBE has outlined the thinking behind a strategic reshuffle that resulted in dozens of managerial roles being made redundant...
Brokers still have room to improve on complaints
16 November 2018
Brokers have made little progress improving complaints processes, the industry’s Code Compliance Committee says...
Royal commission ‘should be extended'
16 November 2018
A Senate committee report into consumer protection in financial services has called for more time for the Hayne royal commission...
Strawberry crisis sparks a rush for cover
15 November 2018
The needles-in-strawberries crisis has caused a “massive” jump in demand for product recall covers from food producers…
Record claims losses loom as California blazes
15 November 2018
Australia has lessons to learn from this week’s devastating California bushfires, which have already caused losses estimated at more than $8 billion...
New risks, new worries as protection gap grows
15 November 2018
Businesses have been warned they may face a rising protection gap as technology and globalisation increase the potential for disruption and new risks emerge…
Merger taking shape: JLT brand survives
14 November 2018
Marsh-JLT Specialty will be the new name for the combined global specialty business formed once Marsh & McLennan finalises the takeover of its London-based rival...
Gender pay gap: Insurance still on top
14 November 2018
The financial and insurance services sector remains the worst offender when it comes to gender pay inequalities, latest figures from the Workplace Gender Equality Agency’s scorecard show...
IAG, QBE join key UN climate group
14 November 2018
IAG and QBE have joined 14 other insurers from around the world in a UN initiative to better understand climate change impacts on their business...
2019 will be a volatile year, says AUB
13 November 2018
The Hayne royal commission’s findings and the upcoming federal election will contribute to a volatile 2019, AUB Group Chairman David Clarke warned today...
QBE premium rate rises top market average: CEO
13 November 2018
QBE is achieving above-market increases as its premium rate momentum continues to accelerate...
CBL: high-flying insurer to be liquidated
13 November 2018
CBL Insurance will be wound up after the High Court in Auckland approved an application by the Reserve Bank of New Zealand to liquidate the business...
Senate committee backs new product laws
09 November 2018
A Senate committee today released its report recommending the passing of a bill that would introduce new product laws despite strong concerns from the insurance industry...
Brokers hit back at ASIC call for commissions ban
09 November 2018
The Australian Securities and Investments Commission (ASIC) has called for a ban on commissions across general insurance – a move that brokers say would “decimate” the broking industry...
CEO poaches former Gallagher colleagues
09 November 2018
Two of Gallagher’s senior executives have joined BMS Australia to work for Andrew Godden, their former boss who was appointed CEO of the specialist insurance broker in May...
Assetinsure sold by CBL administrator
08 November 2018
CBL Corporation’s voluntary administrators announced today a deal to sell Sydney-based Assetinsure to Lombard Australia, a newly formed holding company made up of an alliance of surety providers...
Marsh/JLT: What the merger will create
08 November 2018
Marsh & McLennan’s takeover of rival broker JLT is all but certain, after JLT shareholders in London voted overwhelmingly in favour of the merger...