Homeowner wins fire dispute after insurer alleges fraud
A claimant whose property was severely damaged by fire will be compensated after successfully challenging an insurer’s decision to decline...
News
AFCA renews CEO term as compensation hits $1 billion
David Locke has been reappointed Chief Ombudsman and CEO at the Australian Financial Complaints Authority (AFCA) for another five-year term,...
CEA secures upsized $200m Ursa Re 2023-1 cat bond at 10% avg price discount
The California Earthquake Authority (CEA) has now secured and priced its new Ursa Re Ltd. (Series 2023-1) catastrophe bond to...
Category 5: WA braces for Cyclone Ilsa tonight
WA residents in the 700 kilometres south of Broome down to Whim Creek are bracing for Severe Tropical Cyclone Ilsa,...
Ardonagh reports strong growth in marking fifth year
Ardonagh reports strong growth in marking fifth year 13 April 2023 The Ardonagh Group says reported income jumped 30% last...
Howden highlights reduced risk appetite for political violence market
International broking firm Howden says the role of broker expertise to ensure political violence (PV) cover is vital “now more...
Cyclone Ilsa 'a litmus test' for reinsurance pool, WA broker says
Severe Tropical Cyclone Ilsa, which is set to cross the Pilbara coast near Port Hedland as a category 4 system...
NZ weather disasters to propel property pricing higher: Aon
New Zealand’s property insurance market will become “significantly harder” this year following the combined effects of the Auckland flooding and...
Awards announced at Austbrokers conference
Awards announced at Austbrokers conference 13 April 2023 Adelaide-based MGA Insurance Group Deputy Executive Chairman Allan Amber has won this...
Tremor aims to bring modern reinsurance placement to residual markets
Tremor Technologies, the insurtech operator of a programmatic risk transfer marketplace, is launching a division focused on residual and public...
