Australian BI insurers win as High Court refuses right to appeal

Denial of appeal means protracted BI test case process has largely drawn to a close


Australian floods in Q1 become second worst weather event for insurers

The A$5.1bn insured losses now exceeds the impact of 1974's cyclone Tracey


Australia's IAG joins Net-Zero Insurance Alliance

Announces partnership with First Nations group generating carbon credits


Australian insurers' rebuild costs rocket 12% in a month

Industry still repairing flood-hit areas from February/March


Australian Q1 flood costs hit A$4.3bn

IAG's Mark Leplastrier warns climate change's effects are "impacting communities now"


Hot property! Australia faces up to un-insurability threat

Record costs of recurring natural catastrophes risk turning property re/insurance in Australia into a niche product for low-risk homes, finds David Walker