02 June 2025
The industry made a net profit after tax of $1.11 billion in the March quarter, with insurers contributing $990 million and reinsurers $123 million, according to the latest Australian Prudential Regulation Authority data...
02 June 2025
The number of NSW flood claims lodged has climbed to 8726, the Insurance Council of Australia said this afternoon...
02 June 2025
Parts of west, central and southeast Victoria and the southern coast of SA are expected to have increased bushfire risk over winter...
02 June 2025
The Insurance Council of Australia will this year seek regulatory approval for standard policy definitions of home maintenance and wear and tear, as it also moves ahead with a revamp of the industry code of practice...
02 June 2025
Asia-Pacific chief risk officers rank cybersecurity as their top concern, while conduct and operational resilience are also among their leading worries...
02 June 2025
A survey has revealed growing mistrust of insurers in New Zealand as consumers continue to flag affordability concerns...
26 May 2025
Insurers have received more than 4100 claims, with numbers rising quickly, following the severe flooding across the NSW Mid North Coast, Hunter and Greater Sydney regions...
26 May 2025
Residents in the Hawkesbury region face the highest average home insurance premiums across Sydney’s 24 local government areas, at $7033 a year, analysis by Finity reveals...
26 May 2025
Small business owners in the insurance and finance sector are more worried about cyberattacks and staff turnover and shortages than a year ago, a survey has found...
26 May 2025
New Zealand has recorded $NZ64 billion ($59.08 billion) of natural hazard costs since 2010, with expenditure favouring recovery rather than long-term resilience, according to IAG
19 May 2025
The cyclone reinsurance pool is bringing significant premium reductions for homeowners in the highest-risk areas and affordability benefits for small businesses, an analysis has shown...
19 May 2025
Data breaches reported by businesses and government agencies climbed to a record number last year, driven by criminal attacks...
19 May 2025
Many Australian businesses consider climate risk a “slow burner“ and give greater priority to other threats, according to a new report...
19 May 2025
Insurance News is once again asking readers to help set the future direction of our publications by taking part in a short survey...
12 May 2025
Almost 400 people attended the Insurance Council of Australia’s annual dinner at Sydney Town Hall on Thursday...
12 May 2025
Insured losses from Ex-Tropical Cyclone Alfred have reached $1.236 billion, the Insurance Council of Australia says...
12 May 2025
Large hailstorms are significantly more likely in southeast Australia during La Nina periods than in El Nino ones, while shifts between the climate drivers affect event locations, forecaster Weatherwatch says...
12 May 2025
RACV has urged travellers to be mindful of their insurance coverage after new data showed the number of flight cancellations has grown to exceed historical averages...
05 May 2025
Insurers and brokers are targeting a constructive relationship with the federal government after Prime Minister Anthony Albanese led Labor to an emphatic victory in Saturday’s election...
05 May 2025
A covid-related business interruption dispute between a Victorian fitness centre and Hollard is scheduled for a Federal Court trial on June 10-11...