Insurance

ICA declares fifth 2015 catastrophe

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Insurance Council says insurers have received around 7,500 claims after heavy rain in SE Qld, northern NSW.

Buffett peppered by Berkshire shareholders

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Billionaire downbeat on reinsurance industry, which Berkshire has big stakes in.

Berkshire Hathaway profit jumps 20% in Q1

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Warren Buffett's Berkshire Hathaway tops forecasts on revenue lift in core divisions.

Storms hit Suncorp forecasts

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Claims to push insurer's annual natural-disaster expenses close to $1 billion.

IAG cuts guidance after NSW storms

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Insurer receives nearly 30,000 claims, revises down FY insurance margin outlook.

Australians may be unwittingly underinsured

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As the insurance claim bill from the New South Wales storms tops $200m, disaster threatens to expose gaps in cover for homeowners that could easily be prevented.

Berkshire set to shake up local insurance

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Berkshire Hathaway Specialty Insurance launches local lines for corporate clients.

Cold front threatens more havoc

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The clean-up from the NSW storms, which pushed insurance claims close to $200m, will be hit by bad weather this weekend.

IAG hit with 10,000 NSW storm claims

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Insurance Australia Group says it can't yet estimate financial impact of wild weather.

NSW storm losses rise to $160m

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Insurance companies receive 24,250 claims, with estimated losses rising quickly.

Insurers declare storms catastrophe

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Insurance Council says almost 20,000 claims received after NSW storms, losses estimated at $129m.

Greenstone’s big raise

Insurance seller may tap public market investors for as much as $900m ahead of its ASX debut.

Why GPT's Cameron is a perfect match for Suncorp

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Michael Cameron's extensive experience in financial services suggests he will be well equipped to oversee the hybrid nature of Suncorp's businesses and strategy.

UBS to advise on CBL listing

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UBS has been appointed as an adviser to New Zealand-based insurer CBL ahead of plans by the company for an initial public offering.

Mortgage Choice wary of insurance reform

by AAP
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Home loan writer says Trowbridge report reforms could make life insurance costlier.

QBE flags 30% rise in dividend

by AAP
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Insurance giant under pressure on payouts as profits recover, says board will consider ratio policy.

Chinese insurance companies get green light to invest overseas

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Overseas investment rules will allow domestic insurance funds to invest beyond Hong Kong.

Life advisers face commission limit

by AAP
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Proposal to cap life insurance commissions to stamp out unethical practices in industry.

Slater and Gordon eyes Quindell

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Legal firm says it has been undertaking due diligence on UK insurance firm about potential transaction.

Prudential lifts FY profit, confirms CEO departure

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Insurance giant lifts operating profit 14 per cent in the year, beating forecasts.

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