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ICA flags travel policy war exclusions

Mon, 02 Mar 2026 04:09:59 GMT

The Insurance Council of Australia has warned travel insurance generally excludes cover for losses arising from armed conflicts, given safety risks to people and potential financial impacts on insurers...

Industry profit sinks as hail hits home

Mon, 02 Mar 2026 04:00:09 GMT

The general insurance industry made a $132 million net profit in the December quarter, taking its year total to about $5.8 billion, according to Australian Prudential Regulation Authority data...

Motor to fore as AFCA complaints surge

Mon, 02 Mar 2026 04:00:00 GMT

The Australian Financial Complaints Authority received 36,326 general insurance complaints last year, up 20% on 2024...

January fires tipped to cost $786 million

Mon, 02 Mar 2026 03:59:52 GMT

Bushfires that devastated parts of Victoria from January 7-13 caused $786 million in insured losses, Swiss catastrophe data company Perils estimates...

Australia improves standing on resilience index

Mon, 02 Mar 2026 03:59:41 GMT

Australia is the second most resilient economy in the Asia-Pacific region, despite its low productivity and climate risks, according to FM...

Britain sanctions NZ insurer over alleged Russia link

Mon, 02 Mar 2026 03:59:30 GMT

The UK government has sanctioned New Zealand insurer Maritime Mutual Insurance Association, saying it was involved in supporting the Russian energy sector...

Online therapy ‘no longer peripheral’ as uptake rises

Mon, 02 Mar 2026 03:59:04 GMT

Digital mental health provider My Mirror says its 2025 review has produced findings that may have an impact on insurers...

AAMI driving test helps motorists ‘lift their game’

Mon, 02 Mar 2026 03:58:38 GMT

AAMI says at least half of the nearly 50,000 drivers taking part in its national road safety initiative since last September have shown improved performance...

Duty of care ruling opens church to more abuse lawsuits

Mon, 23 Feb 2026 03:52:50 GMT

The High Court has expanded the responsibility of institutions in cases of historic sexual abuse, in a judgment expected to lead to more legal cases relating to children...

Australians keep cover despite belt-tightening, study shows

Mon, 23 Feb 2026 03:51:51 GMT

As cost-of-living pressures intensify, new research from Youi shows many Australians approach insurance not as a discretionary spend but as a key financial safeguard...

Decade-long claim battle ends with higher payout

Mon, 23 Feb 2026 03:51:33 GMT

A dispute over a house fire claim has ended after 10 years with a broker and insurer being ordered by a court to increase the payout...

AI leak detector enters home reno market

Mon, 23 Feb 2026 03:50:31 GMT

Bathroom and kitchen supplier GWA Group will sell US technology company Phyn’s new AI-driven water monitoring system across Australia and New Zealand...

Premiums among top pain points, cost crisis poll reveals

Mon, 23 Feb 2026 03:50:18 GMT

Insurance prices rank high on a list of the most stressful cost-of-living pressures, new research reveals...

Conflicts, unrest tipped to test businesses

Mon, 16 Feb 2026 03:53:35 GMT

More geopolitical fragmentation, protests and turmoil are expected this year after threats to individuals and assets jumped in 2025, according to a report from Willis risk advisory and crisis support service Alert:24...

Lawyers warn over ‘trend of scrutiny’ on workplace safety

Mon, 16 Feb 2026 03:53:22 GMT

The dismissal of an appeal against a work health and safety conviction in Queensland shows the need to demonstrate correct procedures have been followed if an accident happens, law firm Clyde & Co says...

Lloyd’s syndicate to pay up over Star casino cladding

Mon, 16 Feb 2026 03:53:21 GMT

A court has ordered a Lloyd’s syndicate to pay towards the cost of replacing external wall cladding on Sydney’s The Star casino...

Financial services an ‘epicentre of PI claim activity’

Mon, 16 Feb 2026 03:53:14 GMT

Financial services is likely to remain a hotspot for professional indemnity claims amid regulatory scrutiny, Moray & Agnew Lawyers says...

Code must prove brokers are on clients’ side: Khoury

Mon, 16 Feb 2026 03:53:02 GMT

The broking code of practice update must respond to rising scepticism, independent reviewer Phil Khoury has told a webinar...

In Insurance News magazine this month

Mon, 16 Feb 2026 03:52:32 GMT

Solving the affordability puzzle is a significant challenge that’s reflected on the cover of the February/March edition of Insurance News magazine...

Commercial pricing tipped to stay soft

Mon, 09 Feb 2026 03:41:05 GMT

Australian commercial insurance prices are expected to decline further this year after sharp falls in the December quarter, according to global brokers Marsh Risk and Aon...