Around the world, insured damages inflicted by natural catastrophes are climbing fast and set to double i...
What is happening in the Australian general insurance sector?
The Australian Prudential Regulation Authority ( APRA ) has revealed data on general insurance for the period ending December 2023....
The Australian Prudential Regulation Authority ( APRA ) has revealed data on general insurance for the period ending December 2023....
Article / 22 hours ago
Insurers' response to Australia's major floods facing further scrutiny
Only days after an executive from Swiss Re spotlighted the protracted recovery process impacting insureds affected by the 2022 Australian floods , those...
Only days after an executive from Swiss Re spotlighted the protracted recovery process impacting insureds affected by the 2022 Australian floods , those...
Article / 10 days ago
Australia: Fall in group insurance coverage attributed to legislative changes
There has been a sharp decline in the number of Australians covered by group insurance through superannuation, according to a research report...
There has been a sharp decline in the number of Australians covered by group insurance through superannuation, according to a research report...
Article / 10 days ago
Swiss Re, Treasury, Lloyd’s to appear at floods inquiry - insuranceNEWS.com.au
The Federal Parliamentary inquiry into insurers’ responses to the 2022 floods has scheduled a full-day hearing for this Friday, with industry and government executives set to appear.
The Federal Parliamentary inquiry into insurers’ responses to the 2022 floods has scheduled a full-day hearing for this Friday, with industry and government executives set to appear.
insurancenews.com.au /
Article / 17 days ago
Australia: Govt aims to standardise more Nat CAT definitions
The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones
The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones
Article / 17 days ago
Jamaica targets four hurricane season catastrophe bond renewal: Finance Minister
Jamaica is looking to renew its catastrophe bond cover that expired at the end of 2023 and the country's Finance Minister Nigel Clarke said yesterday that...
Jamaica is looking to renew its catastrophe bond cover that expired at the end of 2023 and the country's Finance Minister Nigel Clarke said yesterday that...
Article / 22 days ago
Australia's corporate regulator asks general insurers to improve claim practices - Reuters
Australia's corporate regulator said on Wednesday it issued a letter to the country's general insurance firms asking for improvement in insurance claim handling practices, especially in response to severe weather events...
Australia's corporate regulator said on Wednesday it issued a letter to the country's general insurance firms asking for improvement in insurance claim handling practices, especially in response to severe weather events...
reuters.com /
Article / 22 days ago
Portugal poised to launch public-private quake reinsurance scheme
Portugal is poised to launch a state-backed natural catastrophe reinsurance pool to provide cover for catastrophic earthquake events, with the...
Portugal is poised to launch a state-backed natural catastrophe reinsurance pool to provide cover for catastrophic earthquake events, with the...
Article / 24 days ago
Turkiye: Call made for insurance to be mandatory for factories
The insurance industry in Turkiye faces several challenges, according to the chairman of the Istanbul Chamber of Industry, Mr Erdal Bahcivan.
The insurance industry in Turkiye faces several challenges, according to the chairman of the Istanbul Chamber of Industry, Mr Erdal Bahcivan.
Article / 25 days ago
NSW launches Australia's first state disaster mitigation plan
The government of New South Wales (NSW) has launched the nation's first-ever State Disaster Mitigation Plan (SDMP), orchestrated by the NSW Reconstruction Authority....
The government of New South Wales (NSW) has launched the nation's first-ever State Disaster Mitigation Plan (SDMP), orchestrated by the NSW Reconstruction Authority....
Article / 1 month ago