Archive

  • IAG "playing catch-up" with rising costs of natural disasters

    26 July 2021

    Australian non-life firm flags A$100m increase in natural perils allowance

  • Australian High Court denies insurers reliance on BI exclusion clause

    28 June 2021

    Non-life industry testing other BI policy wordings in court

  • Australian insurers count the cost of Victoria catastrophe

    16 June 2021

    Both IAG and Suncorp said they had exceeded peril allowances

  • Australia to guarantee property reinsurance pool in natcat-prone north

    05 May 2021

    The A$10bn support shows "underwriters will not stand alone," says local government head

  • Australia's flood insurance bill reaches A$470m

    30 March 2021

    IAG set to overstep annual natural perils budget again

  • Australian BI line posts 278% combined ratio in Q4

    05 March 2021

    Non-life firms' BI reserving contributes to A$1.1bn quarterly loss

  • Australian non-life insurers commence second BI test-case

    01 March 2021

    Definitions of disease, proximity and prevention of access up for debate

  • IAG says reinsurers still prepared to take more of its risk

    10 February 2021

    CFO says reinsurers appreciated "decisiveness" of recent A$1.2bn Covid reserving

  • Australian insurers face BI legal slog after "one shot" plan backfires

    29 January 2021

    After failing spectacularly to prove they were not liable for business interruption claims related to Covid-19 lockdowns, Australian underwriters are now facing the prospect of numerous and lengthy court cases. David Walker reports

  • New CEO at Sydney Opera House's insurer vows concerted effort to rebuild trust

    14 January 2021

    Icare has been embroiled in scandals over pay and claims mis-management