Daily
No rush to rethink pool pricing, Alfred review finds
23 September 2025
A reinsurance pool pricing review that examined Cyclone Alfred impacts has found it would be premature to raise premiums for climate change trends in the absence of scientific clarity and model signals...
Ando makes leadership changes
23 September 2025
Ando Insurance CEO John Lyon will become executive chair of the New Zealand underwriting agency’s board, and will be succeeded by COO Therese Singleton...
NIBA remembers ‘family man, trusted colleague’ Greg Vlahos
23 September 2025
National Insurance Brokers Association president Nick Cook has paid tribute to “distinguished broking leader” Greg Vlahos, who died over the weekend...
Insurers warned over aged care liability reforms
23 September 2025
Aged care providers face increased risk under laws that take effect on November 1, with implications for long-tail liability products, industry and legal experts say...
IAG-RAC deal 'could remove competitive constraint’
19 September 2025
IAG will face less pressure to compete on “price, quality and service” if its proposed acquisition of RAC Insurance is approved, a motor trades body has warned...
Climate risk report ‘gives better view of challenges’
19 September 2025
The National Climate Risk Assessment raises important issues around the protection gap and risks such as coastal inundation, Finity principal Rade Musulin says...
ASIC chair Longo to depart next year
19 September 2025
The federal government is searching for a new Australian Securities and Investments Commission chair after Joe Longo said he would not seek reappointment next year...
Insurer in hot water after flexi-pipe dispute
19 September 2025
Suncorp must pay homeowners $155,359 plus compensation after it wrongly denied liability for damage caused by a burst flexi-hose...
Envest secures majority stake in Blue Zebra
18 September 2025
Envest Group has taken a majority stake in Blue Zebra after acquiring Youi’s 36.9% equity interest in the underwriting agency...
Court rejects bid for damages over premium hike
18 September 2025
Strata complex owners have won a $1 million damages lawsuit after a burst water main flooded their townhouses, but they have lost an argument involving their increased insurance premiums...
Slimming drugs tipped to ‘reshape mortality trends’
18 September 2025
Widespread adoption of weight-loss drugs used in products such as Ozempic could reduce death rates in coming decades, reversing a trend of rising obesity that has stalled life expectancy progress across developed markets, Swiss Re says...
Ombudsman increases farm flood payout
18 September 2025
Farm insurer Achmea has failed to convince the industry ombudsman that a cash settlement for flood damage is fair, because it did not hire experts to assess the loss...
Honey boss takes strategic role, names successor
17 September 2025
Honey founder Richard Joffe will become executive chair of the business, with former Allianz Australia COO David Krawitz taking over as CEO...
Nation’s homes ‘fall short on flood protection’
17 September 2025
Flood resilience lags bushfire and cyclone mitigation and a wider community-level approach is needed to reduce risks, a building sector executive has told a Senate inquiry...
Vandalism dispute decision breaks in claimants’ favour
17 September 2025
Hollard has been told to increase its cash offer to property owners after the financial services ombudsman found it mishandled their vandalism claims...
INsight podcast: new reports outline concerning climate future
17 September 2025
The federal government's new National Climate Risk Assessment is the main topic of debate on the latest Insurance News podcast...
‘Some sort of intervention’ needed on climate risk: Hall
16 September 2025
Australian insurers accept the federal government will probably intervene to address high-risk properties being priced out of cover – but the industry's minister has pledged not to “cut and paste” overseas solutions...
AUB hunts for finance chief as ‘instrumental’ exec leaves
16 September 2025
AUB Group is searching for a new CFO following the departure of Mark Shanahan after almost eight years in the role...
ICA rejects corporate tax overhaul, seeks ‘real productivity gains’
16 September 2025
The Insurance Council of Australia has criticised an “unworkable” tax reform proposed as part of a federal government bid to lift productivity, instead backing a broader tax overhaul and recommendations to improve mitigation and efficiency...
Legal costs claim falls short, but insurer to pay for delays
16 September 2025
A homeowner who was sued by someone who fell outside his property has lost a bid to make his insurer cover his legal costs...