Country: Australia Page 1 / 7
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- March 15 2019
Severe storm drenches Sydney
Adjusters, brokers, insurers and reinsurers on high alert after a strong storm slammed Sydney.
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- March 12 2019
Queensland’s flood disaster highlights wide cover gap
The Insurance Council of Australia says around 50% of businesses didn't have flood cover.
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- March 11 2019
Victoria bushfires declared a catastrophe
Around 100 properties have been damaged as a result of multiple fires.
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- March 8 2019
Modelling wildfires
With bushfires ravaging Australia once again, insurers are asking if machine learning can help to model the risk.
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- March 5 2019
Wildfires rip through Victoria
Many losses to properties expected to be discovered over the next few days.
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- March 1 2019
Suncorp returns A$600m to shareholders on life sale
Sale to Japanese firm Dai-ichi Life has freed up capital for the Australian insurer.
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- February 28 2019
ICA: Australia’s market under “enormous” pressure
Insurance Council of Australia chief executive Rob Whelan warns of need for balance to reforms.
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- February 26 2019
QBE bounces back with US$390m profit
Investors buoyed by QBE's return to profit in 2018, but there is plenty of work ahead.
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- February 22 2019
Steadfast’s CEO extends role as commission review looms
Robert Kelly to remain Steadfast's CEO until December 2022 as commission fight continues.
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- February 19 2019
Is this QBE’s calm after the storm in Asia?
The Australian company has restructured after a turbulent few years in the region.
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- February 19 2019
Suncorp takes shorter-term view on nat cats
Chief exec Michael Cameron says frequency of weather events has increased “incredibly”.
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- February 18 2019
Pacific Life Re’s Andrew Gill to lead Asia
The head of the life reinsurer's Australia business is replacing Alex King.
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- February 15 2019
Nat cat update: Queensland flooding claims over A$600m
Claims from the Townsville disaster zone have rocketed this week.
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- February 14 2019
New South Wales’ fires wreak havoc
Over 400 firefighters have been battling 40 bushfires across the state.
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- February 12 2019
Commission relief for Australia’s brokers?
Reprieve until 2022 provides clarity for general insurance brokers on commissions, for now.
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- February 5 2019
Australian market avoids major overhaul
Decision over commissions is postponed but the Royal Commission wants greater claims oversight.
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- February 4 2019
Record rain wreaks havoc in northern Queensland
The Insurance Council of Australia has declared a catastrophe in Townsville.
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- January 28 2019
Aussie broker hires former Cover-More CEO
Mike Emmett to take on role in March after leaving Cover-More in December.
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- January 22 2019
MetLife Australia recruits Nunn from Statewide Super
Richard Nunn will leave the pension fund to join the insurer as chief executive in May.
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- January 17 2019
IAG considering India exit
The Australian firm is mulling another retreat from an Asian market.
