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QBE Insurance

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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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QBE allegedly mislead customers.

Scam nation: What’s going on with our most trusted companies?

The disturbingly regular notifications from regulators that businesses and brands Australians trust have allegedly misled them is more sinister than the digital scammers we face every day.

  • Elizabeth Knight
QBE said premium rates increased by an average of 9.1 per cent in its Australia Pacific business.

‘Do promises really mean anything?’ Australia’s largest insurer sued over false promises on discounts

Corporate regulator ASIC is taking QBE to court for allegedly misleading customers about discounts it offered for policy renewals.

  • Sumeyya Ilanbey
Sharni Sinclair said the 18-month ordeal to receive WorkCover payments have left her on the brink of homelessness.

Sharni was in hospital recovering from a miscarriage. She was told to keep working

Sharni Sinclair was phoned multiple times as she mourned the loss of her unborn child and struggled with medical complications.

  • Amber Schultz
CBA has had a win in the Federal Court, which dismissed two shareholder class actions against the bank.

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.

  • Clancy Yeates
The author’s Pia Picanto, for which the NRMA’s proposed insurance premium soared by 17 per cent to

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.

  • Margot Saville
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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
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
Flooding in New Zealand earlier this year was one of the country’s worth catastrophes for insurers on record.

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.

  • Clancy Yeates
QBE chief executive Andrew Horton said the company has increased its budget for natural disasters.

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.

  • Millie Muroi

Original URL: https://www.watoday.com.au/topic/qbe-19b