Archive

  • IAG fresh business dips A$80m due to pandemic lockdown

    24 July 2020

    The Australian non-life firm will pay no final dividend

  • Profits at Australian insurers nosedive on Covid-19 and natcats

    28 May 2020

    Q1 underwriting losses hits A$991m

  • Australia's insurers get grilled after the country burns

    21 May 2020

    A parliamentary committee took Australia's insurers to task after a torrid season of bushfires, Covid-19 and scathing criticism of their conduct and governance. David Walker reports

  • IAG warns "no easy ride" for reinsurers hiking prices at next renewals

    30 April 2020

    Insurer does not foresee repeat of 47% price jumps experienced in 2011/12

  • Australian watchdog invites talks with un-generous motor firms

    27 April 2020

    Asic spells out Covid-19 expectations in letters to non-life and life insurers

  • Apra hits pause on licensing new insurers as Covid-19 toughens conditions

    08 April 2020

    Head of country's largest non-life firm announces retirement

  • IAG urges Australian government to act on global warming

    12 February 2020

    Half-year results show 43% fall in insurers net profits

  • Australia and reinsurance: continuing the affair

    04 February 2020

    Australia's insurers make extensive use of reinsurance and reinsurers like to take on the risk - and the relationship looks set to survive the recent catastrophes that have beset the country, as David Walker reports

  • Suncorp uses reinsurance after 'unprecedented' natural catastrophes

    31 January 2020

    Australian insurer uses $452m of full-year hazard allowance in seven months

  • Australian hailstorms cost IAG A$169m

    27 January 2020

    Bushfires and discount errors also expected to dent Australian non-life insurer