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Bushfire potential 'above normal' for NT

31 May 2021

Bushfire potential is above normal in the NT this dry season while more usual conditions are expected across the remainder of northern Australia...

ICA review outlines affordability options

24 May 2021

A consultation paper, produced by former insurance executive and regulator John Trowbridge in collaboration with economist Michael Blythe, has outlined 16 options for consideration...

Australia market 'resilient' during pandemic

24 May 2021

Allianz says the Australian general insurance market has held up well, shrugging off the pandemic disruption to record a 0.8% growth in premium to €28 billion last year...

Inquiry puts pressure on insurers over climate stance

17 May 2021

Submissions to a parliamentary inquiry into the prudential regulation of investment in Australia’s resources sector and other export-led industries have turned up the heat on insurers, whose climate policies have come under criticism from the fossil fuels industry...

Northern Australian consumers form lobby group

17 May 2021

Northern Australia insurance buyers have formed a lobby group to ensure the consumer voice is heard as Federal Budget commitments on a reinsurance pool and resilience measures are delivered...

ICA website, logo gets a makeover

17 May 2021

The Insurance Council of Australia has unveiled a fresh look with new branding and a thorough overhaul of its website, showcasing the “bold colours” found in Australia’s landscape...

Data breach defences prove key cyber concern

17 May 2021

Businesses are often not sure their data breach response plans meet requirements despite a continuing escalation in cyber threats, a Gallagher Australia report has found...

Allianz add-on move puts spotlight on AFCA

17 May 2021

A decision by the Australian Financial Complaints Authority not to look into car dealer add-on insurance cases against Allianz pending the outcome of a class action against the insurer has shed further light on how such disputes may be handled...

Consumer groups say NIBA code needs more work

17 May 2021

The Consumers’ Federation of Australia says the National Insurance Brokers Association draft code of practice, released with a discussion paper, “needs substantial work” if it is to become a benchmark for others...

Financial Rights says cyclone pool doesn't solve problems

10 May 2021

The Financial Rights Legal Centre has warned the reinsurance pool announced last week for northern Australia may not deliver significant premium reductions and offers no assistance for those exposed to natural catastrophes in other parts of the country...