News Archive

5 Dec

NIBA comments on excellent work done by brokers in light of Royal Commission

National Insurance Brokers Association CEO, Dallas Booth recently stated, “It is pleasing that despite all the misconduct revealed by the Royal Commission, across most areas of financial services, there was no mention of any systemic issues or concerns leading to misconduct by

28 Nov

Penny Collins

Global 1-in-100 year loss estimates 'reach $374 billion'

Insured losses from global catastrophes worldwide could reach $US270.9 billion ($374 billion) in a 1-in-100 year scenario, modelling firm AIR Worldwide estimates in an annual risk report.

22 Oct

NSW residents poorly prepared for looming storm season: NRMA

Two-thirds of NSW residents are unprepared for the looming storm season, and as storms lash the north of the state, the State Emergency Service has issued a warning against complacency.

18 Oct

Manufacturing is a soft target for cyberattacks

If you see this text then your files are no longer accessible, because they have been encrypted,” read the message on the computer screen. “Please follow the instructions and send $300 of Bitcoin to the following address.”

16 Oct

The challenge of organisational leadership

Soon after a high performer is put into a position of being responsible for other people, the reality sets in that it’s not easy.

12 Oct

Cyber market to double in size by 2020, says Munich Re

Munich Re has estimated that the cyber insurance market will double by 2020, thanks to an increase in the use of connected devices and the subsequent surge of complex risks associated with such systems.

10 Oct

Countdown to compliance – it’s time for Australian insurers to get ready for IFRS17

The following is an opinion piece written by Henri Wasjsblat, Director, Head of Financial Services Solutions at Anaplan. The views expressed within the article are not necessarily reflective of those of Insurance Business.

8 Oct

Pets, spoiled food and broken mirrors among unusual insurance reimbursements

DOG ate your homework? You’re on your own. But if it knocked over the laptop carrying your homework, you may get reimbursed, even if you can’t get out of detention.

4 Oct

Australia's Top Restaurants: Chefs find new ways to make (and lose) money

It takes grit, perseverance and really great food to stay afloat in the restaurant biz today. An appetite for calculated risk-taking doesn't hurt, either.

2 Oct

How massive Facebook breach impacts you – expert explains

Social media juggernaut Facebook made the headlines yet again, this time as the victim of a massive data breach that affected as many as 50 million user accounts. But one cyber expert warns stolen logins should not be the only thing users are worried about.

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