Daily
Industry ‘faces public perception challenge’ as profit surges
01 October 2025
The general insurance industry’s after-tax profit climbed to $7.3 billion last financial year, its strongest result in more than a decade, driven by catastrophe losses falling below expectations and strong investment returns, actuarial group Taylor Fry says...
Cyclone, terrorism pool reviews launched
01 October 2025
A federal government review of the terrorism and cyclone reinsurance pools is seeking feedback on whether the schemes serve their purpose and if changes are needed...
Willis appoints Pacific head of broking
01 October 2025
Ollie Moore has been promoted to head of broking for the Pacific region at Willis...
INsight podcast: ASIC takes another insurer to court
01 October 2025
The corporate regulator's court action against RACQ Insurance is the main topic discussed on the latest episode of the Insurance News podcast...
Mackinnon to leave Lloyd’s after ‘playing pivotal role’
30 September 2025
Lloyd’s executive Chris Mackinnon, who led the Australian business for almost a decade, will leave the organisation next year...
Physio charged with alleged WorkSafe billing fraud
30 September 2025
A physiotherapist has been charged over an alleged workers’ compensation fraud that involved billing claims agents $650,313 for services not provided...
Half-year intermediary premium climbs above $21 billion
30 September 2025
Australian general insurance intermediaries arranged policies worth about $21.5 billion in the June half, up from $20.1 billion a year earlier, according to prudential data released today...
Curium summit to feature Ukrainian dignitary, Swiss Re exec
30 September 2025
Among heavy hitters at the Curium Risk and Compliance Summit this week will be Ukrainian diplomat Vasyl Myroshnychenko and Swiss Re chief risk officer Richard Foda...
Workers’ comp self-insurer penalised after losing hard drive
26 September 2025
The NSW State Insurance Regulatory Authority has fined Liverpool City Council $20,000 for failing to report the loss of an external hard drive that probably contained personal data relating to workers’ compensation insurance...
Westpac NZ to offer Tower home and motor covers
26 September 2025
Tower will sell general insurance under the Westpac New Zealand brand to the bank’s retail customers from next July...
Firm fined after harassment allegation reveals policy flaws
26 September 2025
A video production company and director have been fined $55,000 after an employee contacted WorkSafe alleging sexual harassment...
Policyholder scores a maximum in roof damage dispute
26 September 2025
A homeowner has won a $631,500 payout – the most allowed under dispute laws – after “methodically” proving his roof damage was accidental as defined by his policy with QBE...
Mulino to weigh lessons from European flood schemes
25 September 2025
Australia will examine international flood cover schemes as difficulties obtaining insurance increase at the high-risk end of the market, Financial Services Minister Daniel Mulino says...
No loyalty tax on our customers, Suncorp chief says
25 September 2025
Suncorp customers are not charged a “loyalty tax” for staying with the insurer, CEO Steve Johnston said today in response to a shareholder question on affordability...
Traumatic drink-drive Uber trip ruled an accident
25 September 2025
A passenger in an Uber car driven by a drunk man has won a dispute in his bid to receive benefits for psychological injury...
AFCA backs 60% price hike after insurer revamps risk analysis
25 September 2025
A homeowner who accused an insurer of “blatant price gouging” when his premium increased by 60% has lost a dispute after the complaints authority found the rise was due to appropriate commercial factors...
Marsh fills risk management, claims leadership roles
24 September 2025
Marsh has appointed Scott Eccleston as Pacific head of risk management and recruited former QBE executive Jonathon Fox to fill a new position as Asia-Pacific head of claims operations...
Digital logbook to stop property insurers ‘guessing at risk’
24 September 2025
Construction compliance platform Quipex says it has created a digital tool to store building maintenance records and fill a “data black hole” that is driving up property premiums...
Ombudsman pumps up Porsche payout
24 September 2025
A Porsche owner has secured a bigger theft payout after disputing his insurer’s valuation for his sports car...
INsight podcast: ideas flood in from European delegation
24 September 2025
The insurance delegation to Europe and its findings are the main topics of discussion on the latest Insurance News podcast...