Daily
Past premium rises tipped to drive more ‘solid to strong’ results
07 October 2025
S&P Global Ratings expects Australian general insurers to maintain robust earnings next year, barring major catastrophes or escalation of risks such as supply chain disruption...
Calmer cat year belies rising risk, ICA warns
07 October 2025
Natural catastrophe losses fell 25% to $1.97 billion last financial year, but the long-term trend is rising and vulnerable communities are particularly affected, the Insurance Council of Australia says...
System shutdown costs dominate cyber claims
07 October 2025
Business interruption is the main driver of cyber claim costs, while ransoms are paid to criminals in only 10%-15% of cases, Emergence Insurance says...
‘Startling coincidence’: AFCA backs insurer’s fraud finding on bike theft
07 October 2025
A motorbike owner who applied for a theft payout within 24 hours of buying insurance has had his claim dismissed as fraudulent...
Businesses demand ‘co-ordinated reform’ to tackle spiralling premiums
03 October 2025
Soaring premiums are forcing SMEs to go without insurance or reduce coverage to survive in a tough economy, an Australian Chamber of Commerce and Industry report warns...
Marsh fills key mid-market role
03 October 2025
Marsh has promoted Poppy Foxton to head of corporate and commercial for the Pacific region...
Regulator flags tough line on strata disclosure failings
03 October 2025
The NSW strata regulator has warned of a “zero-tolerance” approach if owner-appointed managers do not comply with new laws requiring disclosure of commissions...
Hotel’s early-pandemic ‘covid case’ fails to convince AFCA
03 October 2025
A country hotel that said customers stayed away after word spread that a housekeeper had covid has lost a claim dispute...
Industry consultant Littlewoods appoints new chief
02 October 2025
Littlewoods Services has named Rebecca Ziflian, who has more than 25 years’ experience in the insurance sector, as CEO...
Employers stung in payout appeal after wasp wrong-foots worker
02 October 2025
An appeal court has backed a damages award for a worker who tripped over a rubbish bag when startled by a wasp...
NRMA climate fund backs tech, community projects
02 October 2025
NRMA Insurance has established a grant program to support Australia’s climate resilience...
Pre-existing damage not enough to scrap car claim
02 October 2025
The financial services ombudsman has ordered RACT Insurance to accept a car crash claim despite the policyholder’s failure to disclose previous damage to his four-wheel drive...
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...