Analysis

The Australian Prudential Regulation Authority wants to make risk management in the financial services industry easier by having the same rules across general and life insurers and the banks…

Reports commenting on premium rates are often seen as primarily reflecting the publishers’ best interests. When brokers predict falling rates in a hardening market, insurers can be guaranteed to accuse them of viewing the market through rose-tinted spectacles…

The builders’ warranty insurance market is a confusing party that few insurers want to attend…

Recent surveys warning brokers of the dangers posed by an increasing SME movement to the direct market are nothing new…

Insurers in the Asia-Pacific region face more scrutiny from regulators this year – and the pressure will not ease, according to a report obtained by insuranceNEWS.com.au…

Climate change is already having an impact on extreme weather events in Australia – and scientists warn worse is still to come…

Rising premiums are the biggest external concern for brokers, according to the first Lumley Insurance Benchmark broker survey…

For all of the Government’s recent announcements on mitigation works and flood cover, the issue of short-term affordability of insurance remains unsolved…

Brokers must better promote their value or risk losing SME clients, particularly the under-40s and women, a new report warns…

The insurance industry faces a storm of regulation coming from abroad, along with local pressure from governments over the affordability of cover and discrimination based on risk…

While on the surface the Federal Government’s commitment to flood mitigation funding seems to answer some prayers for the insurance industry, it may turn out to be a case of being careful what you wish for…

A spate of natural disasters in north Queensland, from Cyclone Larry in 2006 to Cyclone Yasi in 2011, has really only affected southern Australians via the rising price of bananas…

The past five years have seen enormous progress in reducing fatal truck accidents, with deaths from heavy vehicle crashes down 20%…

Long before sophisticated measuring tools and satellite feeds, it was fishermen off the west coast of Ecuador and Peru who first noticed rising sea temperatures at year’s end…

Submissions in response to the issues paper produced by Ian Enright’s review of the General Insurance Code of Practice have begun to emerge…

A crackdown by the Australian Securities and Investments Commission on insurance price comparison sites will please insurers but carries an implicit warning to the industry on the growing role of aggregators…

The insurance industry is under-prepared for the effects of class actions, which are likely to grow in size and number…

Brokers have made it clear they will take legal action against former employees who they believe may try to poach clients – and court decisions this year have tended to favour the employers…

Nine months after the Queensland Floods Commission of Inquiry made its final report on the floods of late 2010 and early last year, the Federal Government has finally delivered its response…

Another day and yet another scientific report has demonstrated the risks linked with natural disasters are rising…