From bushfires Down Under to European floods, insurance and brokerage leaders are facing the same pressure-cooker mix: surge volumes, complex coverage questions, increasing claims costs, rising custom ...
The cost of fires caused by lithium-ion batteries is running at nearly three times those of normal house fires, a top insurer ...
-The Australian Securities and Investments Commission on Tuesday initiated Federal Court proceedings against RACQ Insurance, a unit of Insurance Australia Group, alleging the insurer misled thousands ...
Insurance Australia Group's fiscal 2025 profit increased 51% to AUD 1.4 billion. Earnings growth was propelled by premium rate increases, moderating claims inflation, higher investment income, and a ...