Small business insurance premiums have risen by up to 60% since 2019, says the Insurance Council of Australia (ICA), which warns that outdated liability laws, ballooning legal costs and government red tape are pushing up costs.
The Insurance Council of Australia (ICA) has warned homeowners not to hoard fuel at home as it would lead to their insurance policy becoming void.
With fuel prices expected to rise due to the war in Iran, Aussie motorists driving less in 2026 could save hundreds by updating one key detail on their car insurance policy, according to new research from Compare the Market, an online comparison platform.
Global trade credit risk management group Coface has forecast global growth of 2.6% this year, a slight easing from 2.8% in 2025. The forecast was made before 28 February when the US-Israel vs Iran military conflict began.
Arch Insurance Australia has promoted Ms Carey Sturgiss to the position of Southern Region Professional Indemnity (PI) Underwriting Manager.
The Insurance Council of Australia (ICA) has declared the conflict in the Middle East a "Significant Event", in an effort to amplify industry support. The declaration assists the ICA, insurers and policymakers to assess the insurance impact of the conflict.
Respondents in Asia Pacific have identified global supply chain paralysis and global Internet outrage as the two most plausible Black Swan scenarios, according to a Allianz Risk Barometer analysis.
QBE Insurance Group, the Australia-headquartered general insurer and reinsurer, is poised to take full ownership of Raheja QBE General Insurance Company, pending regulatory clearance.
Australians are divided over who should pay for insurance premiums that are surging as a result of climate change, according to a new survey report by Charles Stuart University of Australia.
Gallagher Re has promoted Mr Richard Jones to the position of Chairman, APAC, and Mr Roshan Perera to the position of Managing Director, Head of APAC.