General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/local/market-upheaval-most-profound-war-risk-for-apachttps://www.insurancenews.com.au/local/market-upheaval-most-profound-war-risk-for-apac<p>Financial market turmoil poses the largest risk to Australian and other Asia-Pacific insurers stemming from the Iran war, according to an S&amp;P Global Ratings report on the conflict&rsquo;s impacts...</p>Mon, 13 Apr 2026 04:37:18 GMThttps://www.insurancenews.com.au/local/midwives-flag-systemic-failure-in-pi-coveragehttps://www.insurancenews.com.au/local/midwives-flag-systemic-failure-in-pi-coverage<p>The Australian College of Midwives has warned there are limited insurance offerings for members in private practice...</p>Mon, 13 Apr 2026 04:37:12 GMThttps://www.insurancenews.com.au/local/significant-event-new-zealanders-clean-up-after-vaianuhttps://www.insurancenews.com.au/local/significant-event-new-zealanders-clean-up-after-vaianu<p>The Insurance Brokers Association of New Zealand says Cyclone Vaianu will have affected people still recovering from severe weather that hit earlier this year...</p>Mon, 13 Apr 2026 04:37:06 GMThttps://www.insurancenews.com.au/local/court-refuses-to-cap-toyota-class-action-numbershttps://www.insurancenews.com.au/local/court-refuses-to-cap-toyota-class-action-numbers<p>A judge has rejected a bid to limit participation in a class action over insurance attached to finance for car loans...</p>Mon, 13 Apr 2026 04:36:59 GMThttps://www.insurancenews.com.au/local/in-insurance-news-magazine-this-month-apr26https://www.insurancenews.com.au/local/in-insurance-news-magazine-this-month-apr26<p>The tobacco wars and their impact on insurance make the cover of the April/May edition of Insurance News magazine, but it&rsquo;s not all bad news...</p>Mon, 13 Apr 2026 04:36:50 GMThttps://www.insurancenews.com.au/local/disaster-inertia-grips-nz-researchers-warnhttps://www.insurancenews.com.au/local/disaster-inertia-grips-nz-researchers-warn<p>New Zealand&rsquo;s disaster responses have simply involved doing more of the same every time, according to three academics who have researched post-catastrophe reviews across the past decade...</p>Mon, 13 Apr 2026 04:35:59 GMThttps://www.insurancenews.com.au/local/institute-outlines-steps-to-attract-adaptation-fundinghttps://www.insurancenews.com.au/local/institute-outlines-steps-to-attract-adaptation-funding<p>A lack of structures, systems and co-ordination is preventing capital from being invested in climate adaptation and resilience, the latest Australian Sustainable Finance Institute gathering found...</p>Mon, 13 Apr 2026 04:35:50 GMThttps://www.insurancenews.com.au/local/exec-fined-over-cartel-bid-banned-from-tapping-insurancehttps://www.insurancenews.com.au/local/exec-fined-over-cartel-bid-banned-from-tapping-insurance<p>A company director has been ordered not to pursue an insurance payout after he was fined a record $1 million for attempted cartel conduct...</p>Mon, 13 Apr 2026 04:35:21 GMThttps://www.insurancenews.com.au/local/icnz-reveals-new-board-line-uphttps://www.insurancenews.com.au/local/icnz-reveals-new-board-line-up<p>FMG Insurance CEO Adam Heath has become chairman of the Insurance Council of New Zealand, with Suncorp NZ CEO Jimmy Higgins the deputy chairman...</p>Mon, 13 Apr 2026 04:35:02 GMThttps://www.insurancenews.com.au/local/massive-destruction-wa-towns-count-cost-of-narellehttps://www.insurancenews.com.au/local/massive-destruction-wa-towns-count-cost-of-narelle<p>North West Cape in WA has suffered some of the worst damage from Tropical Cyclone Narelle, the biggest storm to hit the state since Seroja in April 2021...</p>Mon, 30 Mar 2026 04:15:39 GMThttps://www.insurancenews.com.au/local/conflict-poses-threat-to-underwriting-marginshttps://www.insurancenews.com.au/local/conflict-poses-threat-to-underwriting-margins<p>S&amp;P Global Ratings has warned of impacts on underwriting earnings from the Middle East war...</p>Mon, 30 Mar 2026 03:35:12 GMThttps://www.insurancenews.com.au/local/intermediated-premium-edges-uphttps://www.insurancenews.com.au/local/intermediated-premium-edges-up<p>General insurance intermediaries issued premium invoices totalling $22.97 billion in the six months to December, the Australian Prudential Regulation Authority says...</p>Mon, 30 Mar 2026 03:35:03 GMThttps://www.insurancenews.com.au/local/solicitors-demand-move-to-free-market-pi-coverhttps://www.insurancenews.com.au/local/solicitors-demand-move-to-free-market-pi-cover<p>A group of NSW solicitors have launched a petition calling for a Law Society general meeting over the lack of professional indemnity cover competition...</p>Mon, 30 Mar 2026 03:34:51 GMThttps://www.insurancenews.com.au/local/repair-worker-scarcity-makes-time-a-material-cost-in-claimshttps://www.insurancenews.com.au/local/repair-worker-scarcity-makes-time-a-material-cost-in-claims<p>A shortage of tilers and bricklayers is pushing up claims costs even as broader supply conditions stabilise, Crawford &amp; Company says...</p>Mon, 30 Mar 2026 03:34:40 GMThttps://www.insurancenews.com.au/local/who-s-the-boss-court-decides-in-damages-disputehttps://www.insurancenews.com.au/local/who-s-the-boss-court-decides-in-damages-dispute<p>A mechanic injured while repairing an excavator has won damages in a case that had to determine whether his employer was a labour hire business or the trucking company where he worked...</p>Mon, 30 Mar 2026 03:34:25 GMThttps://www.insurancenews.com.au/local/nrma-backed-flood-alerts-tested-in-queenslandhttps://www.insurancenews.com.au/local/nrma-backed-flood-alerts-tested-in-queensland<p>A driver flood alert tool has been launched in some Queensland council areas under an Australian-first trial of live updates delivered through GPS navigation apps...</p>Mon, 30 Mar 2026 03:31:29 GMThttps://www.insurancenews.com.au/local/window-still-open-for-add-on-disputes-claimohttps://www.insurancenews.com.au/local/window-still-open-for-add-on-disputes-claimo<p>Millions of people may still be eligible for refunds over &ldquo;junk&rdquo; add-on insurance, according to Claimo, which has criticised &ldquo;significant confusion&rdquo; caused by Australian Financial Complaints Authority deadlines...</p>Mon, 30 Mar 2026 03:30:24 GMThttps://www.insurancenews.com.au/local/narelle-tipped-to-regain-power-around-wa-coasthttps://www.insurancenews.com.au/local/narelle-tipped-to-regain-power-around-wa-coast<p>Flood emergency warnings remain in place for Katherine and surrounding areas after Ex-Tropical Cyclone Narelle brought heavy rain to the region while moving west towards WA...</p>Mon, 23 Mar 2026 03:38:39 GMThttps://www.insurancenews.com.au/local/code-committee-begins-search-for-new-chairhttps://www.insurancenews.com.au/local/code-committee-begins-search-for-new-chair<p>The General Insurance Code Governance Committee is looking for an independent chair to succeed Veronique Ingram at the end of her second term...</p>Mon, 23 Mar 2026 03:38:33 GMThttps://www.insurancenews.com.au/local/product-recalls-ease-but-regulators-sharply-focusedhttps://www.insurancenews.com.au/local/product-recalls-ease-but-regulators-sharply-focused<p>The number of Australian product safety &ldquo;market actions&rdquo;, including recalls, dropped 3.2% last year, according to Sedgwick...</p>Mon, 23 Mar 2026 03:38:26 GMT