New research from Suncorp Group insurer AAMI reveals that around half of Aussies have collided with a 'roo' or other wildlife while driving, yet the vast majority (61%) admit they would dangerously swerve or slam on the brakes to avoid hitting an animal.
The latest quarterly benchmarking of the National Road Safety Strategy shows that governments remain unable to track most of their targets and road deaths are increasing, rather than declining as anticipated.
Allianz Australia says that it has published a guide on building resilience as businesses face challenges arising from new technologies and emerging property risks, including business interruption risks affecting plant, machinery and vehicles.
Internationl travel Insurance provider, battleface, which offers embedded modular insurance for partners and their customers alike, has launched in Australia its tech platform where partners can build their own tailored products.
The Motor Vehicle Insurance and Repair Industry (MVIRI) has received the final report on an independent review of the Motor Vehicle Insurance and Repair Industry Code of Conduct (the Code).
The Australian Prudential Regulation Authority (APRA) is content at the moment to raise awareness of diversity, equity and inclusion (DEI). However, the regulator is also considering how it can strengthen this aspect as part of upcoming reviews of Prudential Standards relating to governance and risk management.
Sydney-headquartered QBE, Australia's largest international insurance and reinsurance company, now expects Group GWP growth in the financial year ending 31 December 2023 (FY2023) of around 10% in constant currency terms.
Some Australians continue to be deterred from genetic testing due to life insurance concerns, and some who have tested positive for adult-onset conditions have faced difficulties accessing life insurance, a paper has claimed.
The insurance market is showing promising signs of growth in the construction sector, with a heightened willingness to take on associated risks, says Honan Insurance Group, giving an update on corporate insurance in its "Quarterly Market Update Q3 FY23".
The Federal Budget 2023-2024 lacks insurance initiatives for rising premiums and hard-to-place insurance in flood and bushfire-prone areas but introduces various climate change and disaster response measures, notes the international broking group Honan.