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Nepal's anti-corruption protests trigger US$150m in insurance claims
September 19 2025
Violent demonstrations in Kathmandu caused extensive damage to businesses and institutions, with reinsurance, primarily through Nepal Re, expected to cover the majority of industry losses.
Insurance Council of Australia warns new tax plan could raise costs for consumers
September 16 2025
ICA warns proposed cash flow tax could undermine economic resilience as disaster costs rise.
Insurance Council warns Victorian strata laws need urgent reform to tackle rising premiums
September 12 2025
Industry body says poor governance and maintenance issues are making apartment buildings uninsurable, affecting one in five Victorians.
Victoria motor theft claims hit record A$223m: Insurance Council of Australia
September 4 2025
National motor theft claims climbed 11% in volume and 20% in costs last financial year, according to ICA data.
IUMI updates maritime EV carriage guidance as fire risks evolve
September 4 2025
The association's revised paper strengthens recommendations for PCTCs and ro-ro vessels amid new fire safety findings.
Council of Australian Life Insurers urges government to legislate genetic testing ban in life insurance
August 4 2025
CALI's proposal includes regular legislative reviews to keep pace with rapid advances in genetic science and testing.
Incoming GIAJ chairman vows continuity and escalation of misconduct response
July 7 2025
The GIAJ’s top priority under its 10th Medium-Term Master Plan will be “efforts to restore trust from customers and society.”
Australian code committee sanctions three brokers in reporting compliance drive
June 18 2025
IBCCC highlights ongoing industry improvements but urges brokers to prioritise timely and accurate reporting.
GIAJ launches new initiative to help address conduct risks plaguing Japan's insurance industry
June 13 2025
Japan’s insurance industry steps up reforms with new guidelines and a council to support third-party reviews of agency practices.
ICA says new Insurance Code of Practice will be legally binding, consumer-centric
May 30 2025
ICA CEO Andrew Hall calls the code overhaul a “once-in-a-generation” chance to address consumer needs and disaster response.
NSW hit by record floods as 'one-in-500-year' event leaves 50,000 stranded
May 21 2025
The Insurance Council of Australia has declared the flooding a significant event.
ANZIIF names Everest's Scott Leney as new Board President, Allianz's Brendan Dunne as Deputy
May 14 2025
Leney takes over from Ben Bessell, who has served as the institute's Board President for the last two years.
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