Daily

ICNZ CEO Tim Grafton announces departure

27 September 2023

The Insurance Council of New Zealand, Te Kahui Inihua o Aotearoa, has announced CEO Tim Grafton will step down from his position next year...

INsight podcast: what's on the Radar

27 September 2023

Taylor Fry's Radar report, which examines trends in all the major insurance classes, is the main point of discussion on the latest Insurance News podcast...

Industry's annual diversity festival kicks off

26 September 2023

The annual global diversity and inclusion Dive In event starts today as key findings from a survey reveal the insurance industry has much to do in areas like mental health and gender equality...

'Irrational and moronic': Lloyd’s executive warns on D&O

22 September 2023

Irrational underwriting behaviours are driving a “relatively shambolic state” in the directors’ and officers’ market, with sharp rate declines and widening coverages increasing potential loss severity, a Lloyd’s senior executive has warned...

Landlord loses dispute over drug farm fire

22 September 2023

A landlord whose property was severely damaged by a fire caused by a tenant’s illegal drug operations will not have her claim paid after a dispute ruling backed her insurer’s application of a policy exclusion...

Pressures build in householders amid overall profit jump: Radar

21 September 2023

Action to address issues in the loss-making householders class is a priority for the general insurance industry, which made an overall profit last financial year after investment results rebounded, the latest Radar report from actuarial consultancy Taylor Fry shows...

Wild weather on horizon after mild winter, insurers warn

21 September 2023

Insurers are urging Australians to "not be complacent” and prepare for all forms of wild weather after the Bureau of Meteorology declared an El Nino event this week and severe weather warnings were issued for large parts of Australia's south east...

'Confusing question': insured wins dispute over condition of home

20 September 2023

A homeowner has successfully challenged her insurer’s decision to decline a storm damage claim over misrepresentation of the property’s condition, after a dispute ruling found she answered questions based on an “honestly held belief”...