Australia's flood insurance bill reaches A$470m

IAG set to overstep annual natural perils budget again


Australian BI line posts 278% combined ratio in Q4

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


Australian non-life insurers commence second BI test-case

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


IAG says reinsurers still prepared to take more of its risk

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


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

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

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


QBE surprises itself in reinsurance negotiations

S&P emphasises Australia's worth to global reinsurers


IAG to take A$1.2bn hit for business interruption claims

Australian firm reports "modest increase" in reinsurance pricing


IAG announces A$1.6bn in reserving and equity placements as BI judgement bites

Australian insurer assessed its potential BI exposure as at 30 October


Australian insurers likely to appeal after losing BI test-case

Further cases on policy issues not yet tested in court are probable