Australia

QBE reviews US business

Australian insurer QBE is carrying out a strategic review of its US mid-market unit meaning it could be sold.

A$8.4m of losses from cyclone Ita

According to the Insurance Council of Australia, insurers have received 680 claims (by noon on 15 April) in the aftermath of cyclone Ita, with insurance losses estimated at A$8.4m.

ICA promotes Queensland building safety study

James Cook University has been asked by the Insurance Council of Australia to design an engineering inspection scheme for apartment and similar buildings known as 'strata-title' properties in North Queensland.

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