11 November 2024
Floods, fires and other physical risks represent only part of the story for insurers looking to manage climate change impacts and exposures, the annual Taylor Fry Radar report says...
11 November 2024
The worsening impacts of climate change will force home insurers to stop covering thousands of risky coastal and flood-prone properties in New Zealand, a new report warns...
11 November 2024
Productivity is key for Australian insurers as they seek sustainable earnings in the face of rising underwriting expenses, McKinsey & Company says in a new paper...
11 November 2024
The industry dispute body is seeking feedback on a new approach to consumers’ duty of care to avoid making misrepresentations...
04 November 2024
Traditional insurance models are “no longer fit for purpose” and cannot deal with the impact of climate change, according to a report released today...
04 November 2024
Neutral conditions are continuing in the Indian and Pacific oceans as climate driver measures are monitored for thresholds associated with wet weather, a Bureau of Meteorology update shows...
04 November 2024
Suncorp has worked with the Bureau of Meteorology to use insurance data and radar readings to provide more accurate hail forecasts...
04 November 2024
New Zealand scientists have worked with a Maori community vulnerable to earthquakes, tsunami, landslides and other natural hazards to reduce risk...
04 November 2024
Federally backed insurance pools or similar structures should be explored to manage the risks of cybercrime, an underwriting expert says...
28 October 2024
Marsh’s commercial rates index shows further declines in the Australian-dominated Pacific region, with a 6% drop in the third quarter...
28 October 2024
The Australian Financial Complaints Authority says too many complaints that should be resolved at the company level are ending up with the external ombudsman scheme...
28 October 2024
Cyber Security Awareness Month is coming to an end, but understanding this critical risk should be a year-round focus for industry professionals...
28 October 2024
The Australian Consumers Insurance Lobby has held talks with the financial services regulator about the use of expert reports, as the parliamentary floods inquiry calls for greater oversight...
28 October 2024
The Natural Hazards Commission Toka Tu Ake will make changes in response to an independent review of claims handling it commissioned following New Zealand’s North Island weather catastrophes...
21 October 2024
The parliamentary floods inquiry has recommended reforms to ensure “the negative impacts of the next flood event or natural disaster are not further compounded by insurers’ poor claims and complaints handling”...
21 October 2024
Recent scrutiny of “appalling conflicts” in strata insurance will affect all brokers, the Australian Financial Complaints Authority has warned today...
21 October 2024
Hundreds of delegates enjoyed a street-party welcome last night as the National Insurance Brokers Association Convention got under way in style in Adelaide...
21 October 2024
Our annual wellness survey makes the cover of the latest Insurance News magazine, and it’s a fascinating read...
21 October 2024
Canadian insurers are pressing their government to finalise the introduction of a national flood cover program amid rises in severe weather losses that have paralleled the Australian experience...
21 October 2024
Experts from Vero and McLardy McShane will feature at the Insurance News Enhancing Collaboration in Claims Management webinar next month...