Archive

  • Consumer advocate urges Australian government to reinsure flood, not just cyclones

    02 February 2024

    Alternative is for government to pay for the uninsured, Australian Consumers Insurance Lobby warns

  • Australia to face reinsurance withdrawal if building isn't smarter

    30 January 2024

    Insurers set to give evidence to parliamentary committee probing 2022 floods

  • Apra imposes A$50m capital add-on for Auto & General Insurance

    30 January 2024

    Non-life firm was already in corporate governance watchdog's sights

  • Actuaries Institute incoming president warns of "almost invisible" power of AI

    30 January 2024

    David Whittle encourages actuaries to "give the data revolution a conscience"

  • Sompo issues revamp plans as it scrambles to repair reputation from Bigmotor fallout

    29 January 2024

    Insurer was hit by an FSA business improvement order last week

  • Government reinsurer to cover A$14m of Suncorp's latest gross cyclone costs

    29 January 2024

    Cyclone Jasper hit far north Queensland in December

  • Chinese insurers improve risk management performance in 2023, regulator finds

    29 January 2024

    But shortcomings still identified at some, and 12 assessed as worse than in 2022

  • Australian life insurers back government role in genetic test rules

    24 January 2024

    Senior minister has warned industry status quo will probably change

  • Billion-dollar insured cat loss events reached record high in 2023

    23 January 2024

    Aon says severe convective storm events were the largest contributor to insured cat losses in 2023

  • Sompo faces executive shake-up after fraud hits motor outsourcing partner

    23 January 2024

    Multiple Japanese motor insurers used Bigmotor for claims repairs