Treasurer Josh Frydenberg has issued a message to insurers, banks, and superannuation funds, urging them not to abandon sectors of the economy that will need investment to make a successful transition to net-zero emissions.
The Australian Securities and Investments Commission (ASIC) has updated its regulatory guidance on the prohibition of hawking financial products.
The Insurance Council of Australia (ICA) has said that it is monitoring the number of damage claims arising from yesterday's surprise earthquake that shook the state of Victoria.
Australia registered a 13% surge in cyber crime during the period 1 July 2020 to 30 June 2021 according to the second annual report of Australian Cyber Security Centre (ACSC).
The Insurance Council of Australia (ICA) has announced measures intended to improve the affordability and availability of commercial insurance products for the small and medium-sized business sector, including the creation of a Business Advisory Council to collaborate on solutions to these issues.
Zurich Insurance Group is considering a sale of some of its general insurance assets in Australia as the Swiss insurer seeks to streamline its portfolio, reported Bloomberg citing people familiar with the matter.
Australia's biggest lender, Commonwealth Bank of Australia (CBA), said yesterday that it would plead guilty to 30 charges brought against it in the federal court for mis-selling consumer credit insurance (CCI) to its customers.
A Federal Court hearing of the Insurance Council of Australia (ICA) second business interruption test case related to COVID-19 cover, that began on 6 September, ended yesterday with the judge reserving her decision.
Australians who live in houses seem the most likely to experience damage from general storms - such as those with heavy winds, lightning, or heavy rain.
Australians affected by natural disasters in recent months are likely to face delays to repairs and rebuilds unless a national approach is agreed to allow essential recovery workers to cross state borders, says a new report published by the Insurance Council of Australia (ICA).