Markel has appointed Mr Scott Jordan as claims manager, casualty - Australia. In his new role, he will continue to focus on providing exceptional customer service while achieving the best claims outcomes for Markel's clients and stakeholders.
The Australian Reinsurance Pool Corporation (ARPC) has teamed up with the University of Queensland for a three-year resilience study programme. The programme aims to understand how risk pooling can support individual and community resilience to cyclones and improve community outcomes for the ARPC-run reinsurance pool.
Australian insurers are failing to identify one in six customer complaints, effectively denying those Australians critical protections available through the Internal Dispute Resolution (IDR) regime.
Australia has no plans to allow private health insurance cover of general practitioner (GP) care in the country. Currently, under Australian law, private health insurance cannot offer cover for out-of-hospital medical services, including GP visits, because they can be covered by Medicare.
The first update to the National Seismic Hazard Assessment of Australia since 2018 has been released by Geoscience Australia. It identifies Darwin and the eastern highlands through into Latrobe Valley as areas where there is a higher risk of strong ground shaking.
An alarming number of Australians in their 30s are leaving the workforce permanently because of their mental health according to a new research commissioned by the Council of Australian Life Insurers (CALI).
Markel has appointed Mr Jack Taylor as executive, distribution strategies and business development, APAC. In this newly created role, he will lead broker engagement and be responsible for ensuring effective broker engagement across the region. He will also work on the development and delivery of underwriting solutions.
Perils AG has revised its insured loss estimate to AUD1.61bn ($1bn) for Christmas storms in Australia in 2023. This is the fourth and final loss estimate for the event by the property catastrophe data firm. The estimate was raised from AUD1.56bn six months ago.
New data analysis by Catholic Health Australia (CHA) reveals corporate health insurers are pricing Australians out of quality private health insurance amidst a cost-of-living crisis.
The underwriting profitability of Australia's non-life insurance sector is expected to remain stable as strong premium rate hikes in recent periods work their way through to earnings, offsetting rising claim costs, says Fitch Ratings.