Insurers have pressed for closer collaboration with carmakers as increasingly complex vehicles and parts supply challenges drive up claims costs. IAG, the only Australian member of Research Council ...
Global marine insurance premium income increased 5.5% last year to $US42.6 billion ($60.3 billion) but more capacity is ...
Cyclone pool premium annual collections from insurers would increase to $770 million under draft rates proposed as part of the most comprehensive reassessment undertaken in four years. The Australian ...
A travel insurer was entitled to use its war exclusion to reject a claim for a Middle East trip that was cancelled following an airspace closure and “do not travel” warning, the industry ombudsman has ...
A new partnership between insurers and Fire and Rescue NSW gives written-off vehicles a second life in helping train crews for complex road crash rescues. Supported by the Insurance Council of ...
The general insurance industry remains in a strong financial position but softer commercial lines, inflation pressures and ...
An insurer has been ordered to cover secondary roof damage to a beachside home after the industry ombudsman found it should ...
Insurers have welcomed an Australian Securities and Investments Commission review into claims management firms after concerns were raised over the sector’s business practices. ASIC says the probe ...
Suncorp has said in response to an Australian Securities Exchange price query that it is not in discussions regarding a takeover and that it has not received an offer. The company says it is not aware ...
If the deal is still rejected, IAG can seek a review from the Australian Competition Tribunal, which can affirm, set aside or ...
“The costs associated with disaster response, recovery and reconstruction will continue to rise as the severity and frequency ...