QBE Insurance
Federal Court dismisses disclosure class actions against CBA
The judge found even though Commonwealth Bank was aware of problems before AUSTRAC’s 2017 case, it had not breached continuous disclosure obligations.
- by Clancy Yeates
Latest
Opinion
General insurance
Who’d pay $3440 to insure my tiny car? My ex-insurer thought I would
My Kia Picanto is worth about as much as a Taylor Swift ticket. Check out the swifty my ex-insurer tried to pull.
- by Margot Saville
Australians face more insurance rises despite cost of living concerns
Australian insurers expect premiums to continue rising this year despite growing concerns about affordability and the growing impact on the country’s inflation figures.
- by Millie Muroi
‘Black hole’: Insurers warn of unaffordable premiums, home risks
Insurance giants are calling for planning reform and home relocations to avoid spiralling premiums.
- by Millie Muroi
Alarm sounds on insurance as Australia’s natural disaster risk surges
Global giants that play a key role in the insurance market are viewing Australia and New Zealand as riskier markets – and this is feeding into higher premiums.
- by Clancy Yeates
QBE boosts profit despite toll of natural disasters as premiums climb
Andrew Horton, chief executive of the global insurer, said he was concerned about the affordability of insurance amid extreme weather events.
- by Millie Muroi
‘Data is the new coal’: Cyber insurance costs climb as hackers run riot
Spending on cyber insurance could surge to more than $800 million in the next two years, as Optus, Medibank hacks put businesses on notice.
- by Clancy Yeates
Insurance shares jump as High Court declines to hear COVID-19 appeal
The High Court rejects a further appeal in the dispute over “business interruption” cover, and whether insurers are liable for losses associated with pandemic lockdowns.
- by Clancy Yeates
Analysis
Investing
How this share fund manager defied a sea of red ink to post bumper return
Lazard Select Australian Equity Fund blitzed the field to be rated by Mercer as the best-performing Australian share fund, with a 2021-22 return of almost 20 per cent.
- by John Collett
Inflation driving insurance premiums higher, says QBE
QBE boss Andrew Horton says the pace of inflation will be a crucial influence on insurance premiums, which continue to surge.
- by Clancy Yeates
Home insurance premiums tipped to jump more than 10% after floods
The flooding disaster in NSW and Queensland has prompted market experts to predict home insurance premiums will rise at an even faster pace.
- by Clancy Yeates