Daily

Auckland flood losses top $1.6 billion: Perils 

04 May 2023

Swiss catastrophe data firm Perils has lifted its loss estimate for the New Zealand flood catastrophe that struck Auckland and neighbouring regions in late January to $NZ1.754 billion...

Insurers urged to issue ‘harmonised’ flood claim advice

03 May 2023

Flood policyholders should all receive industry-standard, consistent advice from insurers explicitly detailing what to do in relation to making a claim, providing evidence and not invalidating their cover, a new Natural Hazards Research Australia report says...

Quality of Advice reviewer defends proposals as government weighs response

02 May 2023

Financial services lawyer Michelle Levy, who led the Quality of Advice Review, has responded to consumer groups opposed to proposals she made in her final report, particularly in relation to the creation of a “good advice” duty and expanding the definition of personal advice...

Mustard Underwriting agency launches

28 April 2023

Mustard Underwriting, backed by capacity from the Lloyd’s market, has launched today, offering risk protection products aimed at companies operating in the sharing economy...