VBA welcomes water damage report recommendations
The Victorian Building Authority (VBA) says it will take on findings from a new study highlighting ways to reduce water...
News
New Zealand’s 'lucky' run of rainfall missing key towns ends
A long run of major rainstorms striking outside New Zealand’s major cities was a “matter of luck,” and came to...
APRA targets insurance affordability challenge
The Australian Prudential Regulation Authority (APRA) will keep up with its ongoing work on addressing insurance affordability and availability issues...
Insurance Business reveals Hot List for 2023
Insurers continued to make positive steps on digital transformation journeys but hiked up premiums to deal with a flood induced...
Australia commercial rates rise 5% in December quarter: Marsh
Australia’s commercial insurance market continues to moderate, rising 5% in the December quarter, similar to the previous three-month period, according...
Postcodes, credit scores may be 'ethnicity proxy'
An association with postcodes means ethnicity may still be impacting insurance policy prices via “proxy discrimination” – even though it...
Aon 'strong' despite December quarter profit fall
Aon 'strong' despite December quarter profit fall 6 February 2023 Broker Aon posted weaker December quarter profits but says it...
Double-digit premium growth boosts Chubb operating result
Double-digit premium growth boosts Chubb operating result 6 February 2023 Chubb says its core operating income rose 15.9% last year...
'Ill-prepared': insurtechs shut up shop, funding plunges
The number of insurtechs operating globally has contracted by around a third in three years as Gallagher Re says the...
Swiss Re splits reinsurance business
Swiss Re splits reinsurance business 6 February 2023 Swiss Re has announced plans to streamline its structure, splitting its Reinsurance...
