Archive

  • IAG flags BI reserve release after courtroom win

    22 February 2022

    Federal Court largely backed earlier judgement on Covid-related cover

  • Australian regulator rejects internal models in revised capital framework

    13 December 2021

    Revision prompted by introduction of AASB 17 accounting standard

  • Australia reveals laws for property reinsurance pool

    06 December 2021

    Government will backstop natural catastrophe cover with A$10bn

  • Australia intervenes on event cancellation cover for Covid-19

    15 November 2021

    The country 's Federal Court has also reserved judgement in a second BI test case

  • Storms trigger Australian catastrophe amid calls for relaxing Covid bans

    01 November 2021

    The ICA said around 36,000 claims had been lodged so far

  • Insurers and customers lodge appeals in Australian BI test case

    21 October 2021

    Federal Court is due to hear appeals in the next fortnight

  • Affordability issues spread beyond property insurance in Australia

    14 October 2021

    The head of the industry trade body says there is a reputational risk for non-life insurers

  • Australian BI fallout: Insurers slammed for weak risk management

    13 October 2021

    The country's regulator warns the non-life industry "cannot have repeat of the BI issues"

  • Australian insurers win second business interruption test case

    08 October 2021

    A Federal Court found in favour of insurers in eight of the nine issues examined

  • Economic losses from nat cats could double for Australian insurers by 2060

    07 October 2021

    Deloitte Access Economics examines the impact of climate change-related disasters on Australia