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Insurance News from Liability Insurance

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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Leadership Shake-Up at Chubb and AIG Australia
Leadership Shake-Up at Chubb and AIG Australia
15 May 2026: Paige Estritori
In a significant development within the Australian insurance sector, Chubb and AIG have announced notable changes in their leadership teams. Chubb's Country President for Australia and New Zealand, Ben Howell, and AIG Australia CEO, Kathleen Warden, are both stepping down from their respective roles. These departures mark a period of transition for both companies as they navigate the evolving insurance landscape. - read more
Steadfast Group Expands with Resilium and PSC Connect Acquisition
Steadfast Group Expands with Resilium and PSC Connect Acquisition
15 May 2026: Paige Estritori
Steadfast Group, a prominent player in the Australian insurance brokerage sector, has announced its intention to acquire Resilium and PSC Connect, two significant authorised representative networks. This strategic move is set to bolster Steadfast's market position and expand its service offerings to a broader client base. - read more
NSW Parliamentary Inquiry Calls for Strata Commission Ban
NSW Parliamentary Inquiry Calls for Strata Commission Ban
15 May 2026: Paige Estritori
A recent parliamentary inquiry in New South Wales has recommended significant reforms in the strata insurance sector, including a ban on strata managers accepting commissions from insurance providers. This proposal aims to increase transparency and ensure that the interests of property owners are prioritised. - read more
APRA's New Capital Framework for Longevity Products
APRA's New Capital Framework for Longevity Products
15 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has recently finalised amendments to its prudential standards concerning the capital treatment of longevity products, including annuities. These reforms aim to bolster the market for retirement income products, providing Australians with more robust financial security in their later years. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.


Business Insurance Articles

The Role of Insurance in Protecting Your Small Business Assets
The Role of Insurance in Protecting Your Small Business Assets
In the bustling world of small businesses, the phrase 'expect the unexpected' captures the essence of entrepreneurship. While you can plan for success, unforeseen risks are always lurking around the corner. That's where the importance of insurance comes into play. It acts as a safeguard, protecting the lifeblood of your business against potential perils. - read more
The Cost of Being Uninsured: Why Every Australian Small Business Needs Liability Coverage
The Cost of Being Uninsured: Why Every Australian Small Business Needs Liability Coverage
Welcome to the complex world of running a small business in Australia where navigating through liability risks is as crucial as managing daily operations. This article is crafted to illuminate why every Australian small business needs liability coverage — a shield to protect against potential financial catastrophes. - read more
The Cost of Public Liability Coverage: Is It Worth It?
The Cost of Public Liability Coverage: Is It Worth It?
Public liability insurance is a crucial safety net for both businesses and individuals, providing protection against the financial fallout from claims of injury or damage that your business operations might cause to third parties. This type of insurance is designed to cover legal and compensation costs, safeguarding you from unexpected financial burdens. - read more
The Importance of a Custom Risk Management Plan: A Guide for Australian Entrepreneurs
The Importance of a Custom Risk Management Plan: A Guide for Australian Entrepreneurs
In the fast-paced world of entrepreneurship, the only constant is change, and with change comes the inherent realm of the unknown – risk. Australian entrepreneurs, much like their international counterparts, operate in dynamic environments where unpredictability is a staple. However, the unique economic, legal, and environmental aspects of Australia demand a more localized understanding of these risks. Acknowledging this unpredictability is the first step towards mitigating potential threats to one's business venture. - read more


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The maximum amount an insurer will pay for all covered losses during a policy period.