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South eastern Australia was inundated by record-breaking floods in the past year, due to the wet La Nina weather system.

Bonanza for insurance stocks tipped to cool as premium growth slows

Investors in insurance giants made bumper returns in 2024. But analysts say conditions will be less favourable this year as the pace of price rises slows.

  • Daniel Lo Surdo

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The 2020 floods in Northern NSW and southern Queensland provided a financial shock for insurers that is still being felt by customers across Australia.

Double-whammy: Household insurance costs to soar again, adding to inflation

Consumers will be hit with another steep rise in their household and car insurance premiums this year as general insurers push revenue growth ahead of rising inflation costs.

  • Colin Kruger
Rooftop solar now generates more than 10 per cent of the nation’s electricity.

Insurance giant IAG posts $900 million profit on the back of rising premiums

The insurer behind the RACV and NRMA brands saw profits climb and flagged an up to 9 per cent rise on premiums in the 2025 financial year.

  • Sumeyya Ilanbey
Woolworths Group CEO Brad Banducci surprised the market with his resignation last week.

Why Australian companies don’t want to make too much money

The febrile hunt for profiteers in the midst of a cost-of-living crisis meant Australia’s largest companies had to worry about the potentially disastrous consequences of doing too well.

  • Colin Kruger
Australians have been warned to brace for higher insurance premiums.

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.

  • Millie Muroi
Jamieson O’Reilly, the Founder and CEO of the cybersecurity firm DVULN, has uncovered a feature in the mobile phone system that can be used to bypass multi-factor authentication.

Low cost, high reward: The hackers holding Australia to ransom

Cyber attacks on companies are common enough, but will only become more so – and AI will drive an increase in their quantity and quality.

  • David Swan and Colin Kruger
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Insurers say land-planning regulations must properly account for natural disaster risks to avoid putting houses in harm’s way.

‘Black hole’: Insurers warn of unaffordable premiums, home risks

Insurance giants are calling for planning reform and home relocations to avoid spiralling premiums.

  • Millie Muroi
IAG’s former general counsel Peter Horton.

IAG top lawyer leaves after insurer claims he breached its code of conduct

General counsel and company secretary Peter Horton will leave immediately after the insurer concluded his behaviour had fallen short of its code of ethics and conduct.

  • Millie Muroi
The east-cost floods of early 2022, including at Lismore in Northern NSW, were the most expensive insurance event on record in Australia.

Insurance profits tipped to get a boost from El Nino

After insurers were hit by record-breaking flood costs last year, investors are betting giants such as IAG and Suncorp could benefit from a hot, dry summer.

  • Clancy Yeates
A family from western Sydney want to sell their home for the right price, but face numerous market challenges.

Insurance giant misled loyal customers about discounts, ASIC alleges

The corporate watchdog is taking the companies behind brands including SGIO, SGIC and RACV to Federal Court for allegedly promising misleading discounts.

  • Millie Muroi

Original URL: https://www.watoday.com.au/topic/iag-rx