LATEST ARTICLES

Listed insurers ‘at peak’ as premium rises raise eyebrows

Listed insurers ‘at peak’ as premium rises raise eyebrows

Investors and analysts remain wary of ASX-listed insurers, concerned earnings are at a cyclical peak after years of strong returns. “The market tends to reward earnings recovery where it looks repeatable,” said Janice How, professor of finance at the Queensland University of Technology. “In insurance, that means disciplined pricing and careful risk management, not just …read more

Call to subsidise property cover to keep owners insured

Call to subsidise property cover to keep owners insured

Subsidised property insurance an important way to address the increasingly urgent problem of ballooning property insurance costs in high-risk regions, according to experts in the field. A scheme of that nature would keep home-owners in the insurance net but it would affect the price signal, said Paula Jarzabkowski, professor of Strategic Management at the University …read more

Flight from top health cover ‘an existential threat’

Flight from top health cover ‘an existential threat’

The rigid tiering of gold, silver and bronze basic levels of health insurance has made building a sustainable model for affordable top hospital cover “very difficult”, with warnings it could threaten the existence of the health insurance sector. “The trouble is that gold contains the cover for mental health and for maternity care, and if …read more

Rise in workers’ claims pushing business insurers to the brink

Rise in workers’ claims pushing business insurers to the brink

Workers’ compensation scheme reforms in NSW and Victoria have yet to have an impact on the soaring cost of business insurance, said Australian Industry Group CEO Innes Willox. Driven by a spike in mental health claims, particularly in the fields of healthcare and the public sector, workers’ compensation costs continue to outrun the reforms, he …read more