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Code committee ‘helps insurers improve’

15 December 2025

The General Insurance Code Governance Committee says its actions during the 2024-25 financial year have helped address serious issues within the industry...

Progress on expert reports misses core problem: ACIL

15 December 2025

The Australian Consumers Insurance Lobby says the industry code watchdog’s follow-up report on oversight of external experts may cover for failures to address problems around assessors’ independence...

Cladding review roasts fire safety engineers 

15 December 2025

Some fire safety engineers providing combustible cladding risk assessments lacked experience in the matter and “struggled to provide these services competently”, an independent review has found...

‘Opportunity for growth’ as cyber delivers profit

08 December 2025

The cyber insurance market achieved a $17 million underwriting gain in the September quarter, little changed from $18 million a year earlier, Australian Prudential Regulation Authority data shows...

Too much information: insurers must explain personal questions

01 December 2025

A code governance committee review of online motor applications has found insurers often fail to explain why they are asking for information around relationships or employment – and it urges less reliance on bankruptcy as an indicator of risk...

Household cover headlines short-tail gains

01 December 2025

Short-tail insurance lines delivered an underwriting profit of $1.55 billion in the September quarter, driven by householders’ contribution of $636 million...

Storm, hail claim count passes 44,000

01 December 2025

The Insurance Council of Australia has extended its catastrophe declaration to include all storms and hail that hit Queensland and NSW from November 20-27...