Archive

Australian politicians issue list of improvements for property insurers

Parliament has examined how industry responded to 2022 flooding, which cost industry A$7.7bn

ICA reveals insured natcat losses have tripled over last three decades

Insurers' profitability has been dented from the costs, trade body adds

ICA joins call for urgent action on land reform to tackle nat cats

'We keep losing money', global reinsurers warn about Australian property cover

Australian insurance delegation visited Lloyd's and other reinsurers for candid talks last year

Australia's latest summer natcat bill nears A$1.6bn

Suncorp turns tax collector for over A$1bn insurance policy duties and levies

CEO and industry have criticised Australia's policy taxes, for fuelling affordability crisis

Australian insurance council backs government climate risk assessment and reiterates need for action

Government report warns of insurers withdrawing coverage from parts of country due to climate change

Brickbats rain down on Australia's property insurers at parliamentary investigation

Politicians suggested Australia's insurers had only themselves to blame for a humiliating grilling over responses to 2022's flooding. But insurers said constructing homes in flood plains is not exactly helping, as David Walker reports

Reinsurers have "lost their appetite for Australia" admits non-life association's CEO

Suncorp says secondary peril risk-modelling has supplanted diversification benefits, in reinsurers' eyes

Australia's insurers want a property 'buy-back fund' as global warming unfolds

Sector reveals the worst scenario that it's already contemplating