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Underwriting margins in focus as low interest rates persist: Fitch

19 April 2021

Australian general insurers, like their peers in the Asia Pacific region, will be looking to strengthen their underwriting earnings to make up for dwindling investment returns caused by the persistent low-interest rate environment, according to Fitch Ratings...

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More claims received as industry counts cost of Seroja

19 April 2021

Insurers have received some 2149 claims for losses from Cyclone Seroja, the Insurance Council of Australia says...

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NSW March rain sets new records

19 April 2021

The saying slow as a wet week took on a whole new gravitas last month as the NSW coast experienced its wettest seven-day period since national daily records began in 1900...

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‘Ravaged’ Australia’s policy makers must heed climate warnings

19 April 2021

Australia’s decision makers must not ignore the warnings of unprecedented bushfires, droughts, and floods which have ravaged the country in recent years, says a new report entitled Aim High, Go Fast: Why Emissions Need to Plummet this Decade...

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Resilient home prototype tested for cyclones, bushfires

19 April 2021

Suncorp has partnered with CSIRO, James Cook University and architects to test a prototype disaster-resilient house as they seek to persuade homeowners to spend on features that help properties withstand cyclones, floods and bushfires...

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Settlement reached on A Current Affair lawsuit

19 April 2021

Details of a defamation settlement between former GSA Insurance Brokers Chairman John Hewson and A Current Affair remain confidential after agreements were reached ahead of a Federal Court hearing set for last week...

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Travel insurers navigate ‘uncertainty and limitations’ as NZ bubble opens

19 April 2021

As hundreds of passengers enjoy international flights today for the first time since the start of the pandemic, travel insurance will need to be more flexible and offer clear and transparent coverage that minimises misunderstandings, Gallagher Bassett says...

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Industry concerned over risk exposure to vaccine rollout

19 April 2021

Medical insurers have reached out to the Federal Government seeking an “iron clad” assurance that there is an indemnity plan to cover for potential claims and other fallout that may arise from the COVID vaccination program...

 

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More Lloyd’s insurers walk away from Adani

19 April 2021

Lloyd’s underwriters Tokio Marine Kiln and ERS Insurance have signalled they will not have anything to do with the Adani Carmichael coal mine in Queensland, according to shareholder activist group Market Forces...

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