Profits at Australian insurers nosedive on Covid-19 and natcats

Q1 underwriting losses hits A$991m


Australia's insurers get grilled after the country burns

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

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


Australian watchdog invites talks with un-generous motor firms

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

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


IAG urges Australian government to act on global warming

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


Australia and reinsurance: continuing the affair

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

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


Australian hailstorms cost IAG A$169m

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


Australia bushfire insurance damage bill hits A$1bn

General and life insurers finding numerous ways to help policyholders