Australia

Low investment risk seen for ClearView after asset sale

The Australian insurer sold its investment in Centerpoint Alliance in November 2023.
19 hours ago

Low investment risk seen for ClearView after asset sale

The Australian insurer sold its investment in Centerpoint Alliance in November 2023.
19 hours ago

Life CCC urges stronger remediation efforts in insurance

Top causes of beaches root from human-related incidents.
2 days ago

Allianz Partners unveils online chat for travel insurance clients

Through its partner travel insurance, HCF, Allianz will be able to address client concerns 24/7.
2 days ago

Allianz Partners and Foodbank to host food events in Australia

The initiative aims to alleviate the financial pressures faced by international students.
6 days ago

Asteron's sale to Resolution Life signals support shift

Despite Asteron's sale, Suncorp's core operating subsidiaries remain unaffected.

1 in 5 Australians don't have adequate insurance

About 9% indicated a need for health insurance.

APRA to assess industry's climate risk management

This year’s survey will have participants from banking, insurance, and superannuation entities.

IAG apologizes for payroll mishap, ensures fix

The issue was due to its manual submission of entitlement claims.

Australia's life insurance to grow 5.9% CAGR by 2028

Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.

Helia Insurance sees claims normalising soon: Fitch Ratings

It holds a 34% market share in lenders' mortgage insurance (LMI) as of 1H’23.

NDIA holds quarterly meeting for further enhancement of the RFO programme

The programme focuses on identifying scheme improvements prior to the government’s response to the NDIS review.

Markel expands into Australia with specialised coverages

The new professional indemnity products cover six professional areas.

AM Best affirms Hollard Insurance’s outlook as stable

The company’s strong financial flexibility is attributed to shareholder support, including capital injections and hybrid debt issuances.

Australians strike out health insurance amid soaring costs

Over the past twenty years, health insurance prices have more than tripled.

41% of Australian travellers opt out of purchasing travel insurance

27% of Australians think travel insurance is unnecessary.