Insurance Council of Australia

The Insurance Council of Australia (ICA) is the representative body of the general insurance industry in Australia. It is a group that represents 89% of total premium income written by private sector general insurers, spanning both insurers and reinsurers.

See below for the Latest Insurance Council of Australia News, Analysis, Profit Results, Share Price Information, and Commentary. 

ICA commends the federal budget on resiliency and cybersecurity

The federal government has set aside a total of $201.26m in related measures

ICA commends the federal budget on resiliency and cybersecurity

The federal government has set aside a total of $201.26m in related measures

ICA calls for major overhaul of Australia's cyber insurance market

The group highlights challenges to maintaining and developing a cyber insurance market.

ICA urges Australian governments to double Federal funding to AU$200m a year

The council said this will help make the country more resilient against extreme weather.

Australia classifies insurers as emergency responders

The Insurance Council of Australia welcomed the updated protocol for insurers.

Federal court rules in favor of Australian insures in COVID-19 BI cases

The insurers avoided coughing up an estimated A$10b in payouts.

Australian insurers ready for regulatory reform: ICA

Insurers made ‘sweeping changes’ for the upcoming reforms, it said.

Australia’s Business Advisory Council to improve affordability of insurance

The council was formed by the Insurance Council of Australia.

ICA calls for national approach for disaster response

Australia’s insurance group wants a COVID-safe way to move personnel across the border.

ICA warns new cybersecurity rules could raise premiums

Australian insurers urged the government to approach these amendments with caution.