The Insurance Council of Australia (ICA) has released a report on nature and insurance, highlighting why nature is important for insurers in the context of increasing nature-related risk.
Financial stress levels in Australia are at their highest point in 10 years, according to the AMP Financial Wellness Report 2024.
Lockton, the world's largest privately-owned insurance brokerage, has launched a digital insurance offering for SMEs and individuals across Australia, the Pacific, and New Zealand.
Boomers and older - those aged 58 and up - are the least likely to be aware of the danger of bushfires, despite having lived through more such fires than any other generation, according to the findings of a survey by Queensland-headquartered insurer Youi.
Aviva Investors, the asset manager of Aviva Group, has appointed Ms Sandra Cheng to the roles of CEO, APAC and head of APAC, distribution. In her new role, she will lead all business development and client relationships in the region.
The average car insurance premium rose to A$1,717 ($1,176), in Australia, an increase of 16% compared to 2023, according to Mozo, a Sydney-headquartered company providing financial comparison services.
Even as the Insurance Council of Australia (ICA) renewed its calls to stop building on floodplains, housing projects on floodplains continue to be approved by the local government authorities.
Nine out of 10 advised clients believe the benefits of financial advice outweigh the costs, the Value of Advice Index has found.
HDI Global (HDI) has appointed Mr Jamie Haider as risk engineering manager, Australasia, subject to regulatory approval.
The Insurance Council of Australia (ICA) has released a charter outlining the principles and key actions for addressing the challenges of extreme weather events, as well as disaster preparation, response, and recovery.