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Trends driving longer fire seasons, intense rainfall gather pace

23 November 2022

Changes to weather and climate extremes, which are driving more intense rainfall, longer fire seasons and rising sea levels, are happening at an increased pace across Australia, a report from the CSIRO and Bureau of Meteorology has found...

Tower sees higher 2023 profit

23 November 2022

New Zealand’s Tower expects underlying net profit to rise to $NZ27-32 million ($25-30 million) in fiscal 2023 and gross written premium to increase 10-15%...

Zurich names Australia CIO

23 November 2022

Zurich announced today Deepak Budhiraja will take up the role of Australia and New Zealand Chief Information Officer on January 16 next year, relocating from Hong Kong to Sydney for the job...

Allianz to join cyclone reinsurance pool by January

22 November 2022

Allianz Australia has become the first insurer to announce that it’s joining the cyclone reinsurance pool, advising that it will transition its householder portfolio into the Federal Government-backed scheme by the start of January...

'Extremely disappointed': consumer groups push for commissions ban

18 November 2022

Consumer groups say they are “extremely disappointed” with many of the proposals suggested by the Quality of Advice review and have called for a prohibition on life, general and consumer credit insurance commissions and a move away from using disclosure as a way to reduce harm...

'Move to higher ground': minister pledges action on floodplains

17 November 2022

Australia’s Emergency Management Minister has opened the door for a buy-back scheme to be expanded beyond northern NSW and Queensland to other parts of the country, saying moving residents from areas prone to repeated flooding “often ends up actually being more cost-effective”...

BI class actions restart after pause for High Court decision

17 November 2022

Class actions launched over business interruption claim denials during the pandemic are set to restart after the process was put on hold while High Court leave to appeal applications on the industry test case were decided...

Landlords win challenge over meth-contaminated home

17 November 2022

Landlords who had their home contaminated by drugs used by a tenant have partially won their dispute with their insurer over whether further inspections are required at their property...

Landslide dam research 'could save lives'

17 November 2022

New research funded by New Zealand’s Earthquake Commission aims to save lives in West Coast communities by predicting high-hazard zones where landslide dams could cause major flooding...

AA Insurance appoints new CEO

16 November 2022

Auckland-based Michelle James has been appointed CEO at AA Insurance, effective from February, as Chris Curtin retires from the role after 28 years...

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