insuranceNEWS.com.au - Daily

Tasmania launches consultation on state insurer scheme

Fri, 14 Nov 2025 05:24:22 GMT

The Tasmanian government is calling for feedback on its plans to establish a state insurer to tackle affordability challenges in home and contents, SME, farm and workers’ compensation cover...

‘A lasting legacy’: QBE chair Wilkins to retire

Fri, 14 Nov 2025 05:16:42 GMT

QBE Insurance Group chair Mike Wilkins will retire at the annual general meeting next May after six years in the role and a decade on the board...

Cyclone pool won’t fix affordability, ICA warns

Fri, 14 Nov 2025 05:16:21 GMT

The cyclone reinsurance pool is delivering targeted premium relief and should continue, but it will not solve broader affordability issues, the Insurance Council of Australia says in a review submission...

Bushfire risk justifies near doubling of premium, AFCA finds

Fri, 14 Nov 2025 05:15:11 GMT

A homeowner whose premium rose by 91% following a risk reassessment has lost a dispute with RACQ Insurance after the ombudsman found the increase was fair...

ASIC to ‘zero in’ on pricing, claims and complaints

Thu, 13 Nov 2025 05:26:06 GMT

The corporate regulator says insurance complaints processes, claims handling and misleading pricing are among new enforcement priorities for next year...

Insurance News conference to share exclusive Finity paper

Thu, 13 Nov 2025 05:11:31 GMT

Tickets are now available for the third Insurance News Outlook conference, to be held in Sydney in March...

IAG studies auto-braking as life-saving impact remains elusive

Thu, 13 Nov 2025 05:06:54 GMT

IAG is investigating the use of advanced driver-assistance systems, which it says are not meeting their potential to reduce road accident numbers...

AFCA backs boat owner after row over Esky escalates

Thu, 13 Nov 2025 05:06:07 GMT

A boat owner will be covered for damage caused by a bouncing Esky after challenging his insurer’s argument the loss was caused by wear and tear and construction issues...

AI claims, sales impacts to benefit consumers: Suncorp chief

Wed, 12 Nov 2025 05:26:55 GMT

Artificial intelligence will revolutionise insurance as it streamlines processes from sales to claims, Suncorp CEO Steve Johnston told a regulatory conference today...

Eclipse names new boss as co-founders reshape leadership

Wed, 12 Nov 2025 05:07:40 GMT

Thomas Haegi has been promoted to CEO at underwriting agency Eclipse Group...

Code shake-up ensures state-sponsored terrorism cover

Wed, 12 Nov 2025 05:06:00 GMT

A criminal code change has clarified that the government-backed terrorism reinsurance pool provides cover for state-sponsored acts...

INsight podcast: Coverforce break-up and the latest on AUB

Wed, 12 Nov 2025 05:05:18 GMT

The break-up of Coverforce is the first item discussed on this week's episode of the Insurance News podcast...

EBM chief to retire after ‘incredible journey’

Tue, 11 Nov 2025 05:07:04 GMT

National broker EBM Group says CEO Ward Dedman is to retire after 26 years with the business...

Europ Assistance names new local leader

Tue, 11 Nov 2025 05:04:13 GMT

Justin Sebire has been appointed CEO at travel insurer Europ Assistance Australia and New Zealand, replacing Anna Gladman...

Cornerstone keeps building with MRC acquisition

Tue, 11 Nov 2025 05:03:22 GMT

Resilium Partners’ Cornerstone Risk has bought Brisbane-based MRC Insurance and will build on the deal with the launch of a corporate and specialty division...

IAG hails repair performance, tech breakthroughs

Tue, 11 Nov 2025 05:03:10 GMT

IAG says it carried out motor and property repairs with average quality scores of 98% and 92% respectively last financial year...

Swedish investor recommits to AUB buyout bid

Fri, 07 Nov 2025 05:21:06 GMT

AUB says private equity firm EQT has reaffirmed its interest in buying the intermediary group, meeting a condition in their confidentiality agreement to maintain exclusive access...

Consumers crushed under $3.5 billion compliance burden: ICA

Fri, 07 Nov 2025 05:20:46 GMT

Regulatory compliance costs as much as $3.5 billion a year as overlaps and complexity undermine intended benefits for consumers, the Insurance Council of Australia says...

Court stops company wind-up so insurer can sue suppliers

Fri, 07 Nov 2025 05:20:20 GMT

The Victorian Supreme Court has prevented a company from being deregistered so QBE can continue legal proceedings as the business’ insurer...

Scofield to leave Allianz after 22 years

Fri, 07 Nov 2025 05:17:15 GMT

Allianz Australia’s chief corporate affairs officer Nicholas Scofield will leave the insurer at the end of this month after more than two decades...