insuranceNEWS.com.au - Daily

Industry results ‘continue momentum’ in first quarter

Fri, 28 Nov 2025 05:32:27 GMT

General insurers started the financial year on a strong note, making a profit after income tax of nearly $2.27 billion from continuing operations in the September quarter...

Digital, political risks to fore in ‘banana skin’ charts

Fri, 28 Nov 2025 05:32:19 GMT

Cybercrime remains the top risk for Australian insurers, while technology, artificial intelligence and political risk have jumped up the rankings, a biennial PwC survey shows...

Suncorp, Marsh among winners in NZ awards

Fri, 28 Nov 2025 05:23:24 GMT

The New Zealand insurance industry named the winners in its annual excellence awards program last night in Auckland...

No travel policy payout for US attack victim

Fri, 28 Nov 2025 05:20:34 GMT

An Australian exchange student who was assaulted while in the US has lost his bid for a travel cover payout because his medical costs were covered by an American health insurer...

Lloyd’s regional exec returns to head Munich Re Specialty

Thu, 27 Nov 2025 04:43:38 GMT

Chris Mackinnon will set up an Australian presence for insurer Munich Re Specialty after he leaves Lloyd’s next April...

QBE on track as peril claims fall below budget

Thu, 27 Nov 2025 04:42:42 GMT

QBE Insurance Group says it is on course to meet profit guidance, expects continued strong returns next year and will begin a share buyback...

Warm summer, ‘abundant fuels’ lift bushfire threat

Thu, 27 Nov 2025 04:41:14 GMT

Parts of Victoria, WA and central northern NSW face increased risk of bushfires this summer as long-term rainfall deficiencies persist in four states...

Outlook comes to Melbourne for recap session

Thu, 27 Nov 2025 04:40:35 GMT

A “replay breakfast” recapping highlights from the upcoming Insurance News Outlook conference will be held in Melbourne...

Steadfast makes COO role redundant

Wed, 26 Nov 2025 05:40:05 GMT

Noelene Palmer is no longer Steadfast COO after the role was made redundant, insuranceNEWS.com.au can confirm...

Queensland hailstorm claim count passes 27,000

Wed, 26 Nov 2025 05:26:47 GMT

Claim numbers have surged following this week’s southeast Queensland storms, with more than 27,800 received by insurers...

Ombudsman backs insurer after hearing hole story

Wed, 26 Nov 2025 05:11:59 GMT

A property owner who said Suncorp misled him into digging up his bathroom floor to find a leaking pipe has lost a dispute before the complaints authority...

INsight podcast: weather turns with cyclone and hail

Wed, 26 Nov 2025 03:59:20 GMT

Cyclone Fina and recent hailstorms are the first item discussed on the latest episode of the Insurance News podcast...

ICA labels hailstorms a catastrophe as claims top 16,000

Tue, 25 Nov 2025 05:23:09 GMT

The Insurance Council of Australia has declared a catastrophe as claims roll in following hail and strong wind in southeast Queensland over the past two days...

Building insurance claims, WorkCover put strain on state finances

Tue, 25 Nov 2025 05:18:33 GMT

Victoria’s auditor-general has warned domestic building insurance claims are posing a risk to the state’s financial health...

Unhappy snapper wins dispute after camera bag stolen in a flash

Tue, 25 Nov 2025 05:18:07 GMT

A photographer whose camera bag was stolen when she hid it in bushes will receive a payout after the financial services ombudsman rejected her insurer’s exclusions...

NZ to force architects, engineers to hold PI cover

Tue, 25 Nov 2025 04:19:13 GMT

Home warranties will soon be mandatory in New Zealand for many construction projects, and professional indemnity cover will be required for experts contributing to building design...

Darwin in firing line as Cyclone Fina gains strength

Fri, 21 Nov 2025 05:29:56 GMT

The NT is bracing for more heavy rain and flooding as Tropical Cyclone Fina closes in and possibly strengthens to category 3...

Broker concern triggered PE group manager’s sacking, court finds

Fri, 21 Nov 2025 05:29:13 GMT

A court has ruled plans by an investor to have a strata company appoint his son’s brokerage Clearlake led to the invalid firing of a director who questioned the proposal...

AFCA backs hefty price hike after flood risk check

Fri, 21 Nov 2025 05:28:59 GMT

Property owners have lost their challenge against a 500% premium rise on their home and contents policy after the complaints authority ruled the rise reflects their updated flood risk...

Last chance to sign up for free compliance webinar

Fri, 21 Nov 2025 05:28:47 GMT

Time is running out to register for a free webinar examining the “dual demands” imposed by the insurance code and the corporate regulator when it comes to complaint handling...