General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/local/bondi-attack-insurers-urged-to-notify-terror-pool-of-losseshttps://www.insurancenews.com.au/local/bondi-attack-insurers-urged-to-notify-terror-pool-of-losses<p>The Australian Reinsurance Pool Corporation has asked insurers to let it know about potential claims related to last night&rsquo;s mass shooting at Bondi Beach...</p>Mon, 15 Dec 2025 03:41:25 GMThttps://www.insurancenews.com.au/local/workshop-targets-teamwork-on-hard-problems-of-affordabilityhttps://www.insurancenews.com.au/local/workshop-targets-teamwork-on-hard-problems-of-affordability<p>A forum featuring a wide range of participants was held last week to drive collaborative responses to insurance affordability problems...</p>Mon, 15 Dec 2025 03:40:59 GMThttps://www.insurancenews.com.au/local/queensland-hailstorm-claims-pass-60-000https://www.insurancenews.com.au/local/queensland-hailstorm-claims-pass-60-000<p>Hail and strong wind in southeast Queensland late last month produced 60,200 claims, the Insurance Council of Australia says...</p>Mon, 15 Dec 2025 03:40:42 GMThttps://www.insurancenews.com.au/local/code-committee-helps-insurers-improvehttps://www.insurancenews.com.au/local/code-committee-helps-insurers-improve<p>The General Insurance Code Governance Committee says its actions during the 2024-25 financial year have helped address serious issues within the industry...</p>Mon, 15 Dec 2025 03:40:25 GMThttps://www.insurancenews.com.au/local/insurers-review-builder-links-after-directors-chargedhttps://www.insurancenews.com.au/local/insurers-review-builder-links-after-directors-charged<p>Police have charged two directors at an NT building company over allegations related to Defence Department contracts, forcing insurers to review possible repercussions...</p>Mon, 15 Dec 2025 03:40:12 GMThttps://www.insurancenews.com.au/local/progress-on-expert-reports-misses-core-problem-acilhttps://www.insurancenews.com.au/local/progress-on-expert-reports-misses-core-problem-acil<p>The Australian Consumers Insurance Lobby says the industry code watchdog&rsquo;s follow-up report on oversight of external experts may cover for failures to address problems around assessors&rsquo; independence...</p>Mon, 15 Dec 2025 03:40:03 GMThttps://www.insurancenews.com.au/local/insolvency-exclusion-knocks-out-liquidator-s-claimhttps://www.insurancenews.com.au/local/insolvency-exclusion-knocks-out-liquidator-s-claim<p>A company liquidator has failed to make a case that three Lloyd&rsquo;s syndicates are liable for claims relating to an insolvency...</p>Mon, 15 Dec 2025 03:40:02 GMThttps://www.insurancenews.com.au/local/cladding-review-roasts-fire-safety-engineershttps://www.insurancenews.com.au/local/cladding-review-roasts-fire-safety-engineers<p>Some fire safety engineers providing combustible cladding risk assessments lacked experience in the matter and &ldquo;struggled to provide these services competently&rdquo;, an independent review has found...</p>Mon, 15 Dec 2025 03:39:49 GMThttps://www.insurancenews.com.au/local/a-and-h-tipped-to-grow-in-complex-operating-environmenthttps://www.insurancenews.com.au/local/a-and-h-tipped-to-grow-in-complex-operating-environment<p>Digital distribution, embedded cover and illness fears will sustain personal accident and health insurance in Australia through to 2030, according to GlobalData...</p>Mon, 15 Dec 2025 03:39:23 GMThttps://www.insurancenews.com.au/local/google-search-trends-show-nation-bracing-for-disasterhttps://www.insurancenews.com.au/local/google-search-trends-show-nation-bracing-for-disaster<p>Cyclone Alfred was this year&rsquo;s leading search term among Google users in Australia...</p>Mon, 15 Dec 2025 03:39:02 GMThttps://www.insurancenews.com.au/local/significant-loss-scores-of-homes-burn-in-nsw-tasmaniahttps://www.insurancenews.com.au/local/significant-loss-scores-of-homes-burn-in-nsw-tasmania<p>Weekend bushfires destroyed 20 homes in NSW and 19 on Tasmania&rsquo;s east coast...</p>Mon, 08 Dec 2025 04:22:31 GMThttps://www.insurancenews.com.au/local/code-watchdog-sees-improvement-in-use-of-expertshttps://www.insurancenews.com.au/local/code-watchdog-sees-improvement-in-use-of-experts<p>Insurers have improved their oversight of external experts after an inquiry last year highlighted shortcomings, the industry code governance committee says...</p>Mon, 08 Dec 2025 04:22:21 GMThttps://www.insurancenews.com.au/local/tunneller-payout-sets-precedent-for-dust-disease-caseshttps://www.insurancenews.com.au/local/tunneller-payout-sets-precedent-for-dust-disease-cases<p>A silicosis sufferer has won $2.4 million in damages and compensation in an Australian-first legal ruling for a tunneller with the disease...</p>Mon, 08 Dec 2025 03:47:59 GMThttps://www.insurancenews.com.au/local/opportunity-for-growth-as-cyber-delivers-profithttps://www.insurancenews.com.au/local/opportunity-for-growth-as-cyber-delivers-profit<p>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...</p>Mon, 08 Dec 2025 03:47:52 GMThttps://www.insurancenews.com.au/local/compensation-cost-an-insured-loss-court-ruleshttps://www.insurancenews.com.au/local/compensation-cost-an-insured-loss-court-rules<p>A property developer has won a court appeal against AIG&rsquo;s decision to reject its claim for a loss from a land sale...</p>Mon, 08 Dec 2025 03:47:44 GMThttps://www.insurancenews.com.au/local/financial-crash-tech-troubles-worry-executiveshttps://www.insurancenews.com.au/local/financial-crash-tech-troubles-worry-executives<p>Australian business leaders fear an economic downturn, labelling it the top threat facing the nation in the next two years, according to a major survey...</p>Mon, 08 Dec 2025 03:47:35 GMThttps://www.insurancenews.com.au/local/tassie-motor-club-funds-fire-researchhttps://www.insurancenews.com.au/local/tassie-motor-club-funds-fire-research<p>RACT will invest up to $1.2 million over four years in the University of Tasmania&rsquo;s Fire Centre...</p>Mon, 08 Dec 2025 03:23:27 GMThttps://www.insurancenews.com.au/local/too-much-information-insurers-must-explain-personal-questionshttps://www.insurancenews.com.au/local/too-much-information-insurers-must-explain-personal-questions<p>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 &ndash; and it urges less reliance on bankruptcy as an indicator of risk...</p>Mon, 01 Dec 2025 04:13:32 GMThttps://www.insurancenews.com.au/local/household-cover-headlines-short-tail-gainshttps://www.insurancenews.com.au/local/household-cover-headlines-short-tail-gains<p>Short-tail insurance lines delivered an underwriting profit of $1.55 billion in the September quarter, driven by householders&rsquo; contribution of $636 million...</p>Mon, 01 Dec 2025 04:08:20 GMThttps://www.insurancenews.com.au/local/storm-hail-claim-count-passes-44-000https://www.insurancenews.com.au/local/storm-hail-claim-count-passes-44-000<p>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...</p>Mon, 01 Dec 2025 04:08:13 GMT