Insurance News

ASIC sounds alarm on dwindling enforcement fund

ASIC sounds alarm on dwindling enforcement fund

A record $484 million in penalties collected, yet the coffers are nearly dry

Roxanne Libatique May 29, 2026
IAG takes aim at Indigenous financial exclusion through new partnership

IAG takes aim at Indigenous financial exclusion through new partnership

Insurance module and internal policy shifts are both part of the plan

Global insurance market grows 7.1% - Allianz

Global insurance market grows 7.1% - Allianz

One region drives life insurance expansion worldwide

APRA reveals general, life, and health insurance results

APRA reveals general, life, and health insurance results

One sector swung back to profit while two others lost ground

Party like it’s 1999 - but expect global hail bills to be a lot bigger

Party like it’s 1999 - but expect global hail bills to be a lot bigger

In 1999, when the world was dancing to Prince and worrying about the Millennium Bug, a hailstorm that year over Sydney rewrote the template

Insurance moves: Bupa, Sparke Helmore

Insurance moves: Bupa, Sparke Helmore

One move crosses borders, the other shifts a legal bench

AI adoption is outpacing governance frameworks, Willis warns

AI adoption is outpacing governance frameworks, Willis warns

Report finds AI already embedded across underwriting, claims and cyber defence but questions remain unresolved

Captive insurance premiums hit US$79 billion as growth defies softening market

Captive insurance premiums hit US$79 billion as growth defies softening market

New Marsh data signals that organisations are no longer using captives simply as a hard-market escape hatch

Insurer IAG settles one front of the Greensill legal war, but the hardest fight lies ahead

Insurer IAG settles one front of the Greensill legal war, but the hardest fight lies ahead

A confidential deal closes the Greensill Bank chapter for Australia's largest insurer. What remains is a $3 billion legal reckoning

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