The rising cost of dental care is prompting Australians to consider buying extras health insurance.
Nearly one in five (17%) of Australians have remained loyal to the same car insurance provider for more than 10 years,according to the results of a recent survey conducted by Compare the Market, a price comparison company.
Reducing state government taxes in Australia is perhaps the best and fastest way to bring relief for the insurance customers who are burdened by higher insurance premium in the aftermath of rising natural disasters according to QBE chairman Mike Wilkins.
The Australian insurance industry says that extreme weather, building inflation, soaring reinsurance premiums and state insurance taxes are the key factors that push up the insurance premiums.
Australian drivers may be spending more on motor insurance than they necessarily need to, due to what has been called a 'convenience catch', according to new research by the personal finance comparison platform, Compare the Market.
Arch Insurance has appointed Ms Relanda Taing as new senior underwriter for professional indemnity for the Northern Region.
Munich Re has appointed Ms Diana Bär CFO for Australasia, effective 1 July 2025.
Rising insurance premiums and proposed regulatory changes are likely to place increased financial pressure on homeowners in Australia according to Property Council of Australia (PCA).
INSTANDA, a policy administration and digital distribution platform for the global insurance market, has appointed Mr Jerry Hall as head of business development, APAC.
Catastrophe insurance data provider PERILS has disclosed that its initial industry loss estimate for tropical cyclone Alfred is A$2.59bn ($1.67bn).