Insurance rates in the Pacific region declined by 2% in the first quarter of 2024, according to the "Global Insurance Market Index" published by Marsh.
Changing the risk profile of communities exposed to extreme weather in Victoria requires action to make homes, businesses, and communities more resilient to extreme weather, by shifting what is build and where it is built, according to the Insurance Council of Australia (ICA).
Bupa Health Insurance has introduced its latest marketing initiative, "Good health is contagious." The campaign was launched in response to findings from the Bupa Pulse Check survey, which showed a significant trend among Australians towards prioritising health and wellbeing.
Wotton + Kearney has appointed Mr James Cooper as special counsel of its newly launched aviation practice. In his new role, he will expand the Wotton + Kearney's existing marine and transport practice, which spans shipping, road, rail, logistics, mining and trading commodities. He joins from Clyde & Co.
The Actuaries Institute is calling for the annual Superannuation Performance Test to transition to a two-metric Test, so it better aligns with the overarching duty of super fund trustees to act in the best financial interests of their members.
The independent panel reviewing the 2020 General Insurance Code of Practice (Code) has released the first of two consultation papers and is calling for written submissions from the public.
The El Nino phase is weakening after a peak in November 2023, says global reinsurance broker Gallagher Re in its " Australian Autumn Climate Outlook" report.
Insurer AAMI, which is part of the Suncorp Group, has announced a new research project which will test whether financially rewarding young drivers in New South Wales would encourage safer driving behaviour, reducing accidents and injuries.
Total breaches of Code obligations have increased for a third consecutive year according to the latest report released by the Life Insurance Code Compliance Committee (Life CCC).
Patients are being hit with rising private health insurance bills as their providers funnel significantly more money into "management expenses", dwarfing any spending increase on rebates and benefits.