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Insurance News – Scammers steal a record $850 million in 2020: ACCC
Australians lost more than $851 million to scams last year, a record amount as thieves capitalised...
Insurance News – Cyber Liability Market Update
The Cyber insurance landscape has experienced a dramatic shift over the past 18 months following a...
Insurance News – Cyber Insurers Apply Significant Rate Increases But Worry About Pricing Long-Term As Losses Mount
Insurers offering cyber coverage have been implementing significant pricing and underwriting...
Insurance News – Catastrophe declared as NSW historic deluge continues
The Insurance Council of Australia (ICA) has declared a catastrophe for the NSW emergency as...
Insurance News – Pacific prices continue surge: Marsh index
Commercial pricing in the Australia-dominated Pacific region surged 35% in the fourth quarter as an...
Insurance Market Update – What To Expect In 2021
Events in 2020 changed the risk landscape in unprecedented ways. Amid the COVID-19 pandemic, Bush...
Insurance News – IAG estimates $865 million BI impact following Court of Appeal decision
IAG will make an estimated $865 million provision and raise additional capital as a result of the...
Insurance News: Insurer profitability ‘worst for 20 years
Australian insurers’ profitability in the last financial year was the worst for two decades, a new...
Insurance News: Businesses hit by ‘insurance stress’ as market hardens
Australian businesses are increasingly suffering “insurance stress” caused by price spikes, reduced...
WORKING FROM HOME COVID – 19 SURVEY
Nearly nine out of 10 workers want to be able to choose whether to work from home or the office...
Insurance News: Insurance Losses for April’s Queensland Hailstorms Estimated at A$604M – PERILS
The insurance industry’s loss footprint for the April 2020 Central Queensland hailstorms is...
Insurance News: UK test case findings have implications for local insurers
Herbert Smith Freehills, which represented the Financial Conduct Authority (FCA) in the UK business...
Insurance News: Lloyd’s flags $9 billion COVID claims blowout
Lloyd’s estimates it could pay out up to £5 billion ($9 billion) in pandemic-related claims after...
Insurance News: Insurance Pricing Rises for The 11th Consecutive Quater
In an already hostile insurance pricing environment, Marsh’s Global Insurance Market Index has...
Insurance News: ‘Staggering 600%’: employers back reform to curb soaring D&O premiums
Peak employer body Ai Group has today pushed for stronger class action laws to address the soaring...
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