Archive

Insurance Council of Australia wants A$30bn flood defence fund

Australian trade body rejects plan to break up non-life groups

Opposition political party wants to force divestments by largest underwriters

Australian Senate committee links fossil fuel extraction to rising insurance costs

Committee's report wants government cyclone reinsurer to cover all disasters in future

Commonwealth insurance groups call for action on global protection gap

Less taxes and more efforts to build resilience and data needed

ICA reveals insured natcat losses have tripled over last three decades

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

'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

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

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