Local
12 March 2018
The extension of unfair contract term provisions to insurance should be considered because many outside the sector do not accept adequate protections exist, Revenue and Financial Services Minister Kelly O’Dwyer says…
12 March 2018
The Insurance Council of Australia has joined a public/private sector project to better align the various parts of Australia’s work disability system and deliver better outcomes for people with health conditions…
12 March 2018
The Insurance Council of New Zealand has criticised a climate change report from the Parliamentary Commissioner for the Environment for ignoring the issue of adaptation…
12 March 2018
Australia’s notifiable data breach scheme, which began last month, could affect New Zealand businesses…
12 March 2018
The number of vehicles stolen last year declined 7% to 52,858, according to the National Motor Vehicle Theft Reduction Council…
05 March 2018
The number of claims-related breaches to the General Insurance Code of Practice grew 73% last financial year, with the code’s governance committee saying the huge rise is partly due to catastrophes increasing pressure on insurers…
05 March 2018
The relatively uneventful La Nina system continues its decline, with conditions expected to return to neutral early in the autumn, the Bureau of Meteorology says…
05 March 2018
The Financial Ombudsman Service has received 312 disputes relating to Cyclone Debbie, which swept across parts of Queensland and NSW in March last year, causing more than $1.6 billion in insured losses…
05 March 2018
Insured losses from severe storms in regional Victoria and Melbourne late last year have risen to $406 million, according to latest figures from the Insurance Council of Australia…
05 March 2018
QBE has introduced a policy that covers parents against the risk of defaulting on their children’s private school fees if they lose their job or suffer injury or disability…
05 March 2018
New Zealand insurers recorded $NZ7.04 billion in gross earned premium in the year to September 30, up from $NZ6.5 billion in the previous year, according to inaugural industry statistics from the central bank…
26 February 2018
General insurers and reinsurers made a combined net profit of $3.4 billion last year, up 15.9% on 2016, according to figures from the Australian Prudential Regulation Authority…
26 February 2018
Australia’s commercial property insurance market is hardening after years of underpricing, according to the latest quarterly market report from Gallagher…
26 February 2018
Gallagher Head of Workplace Risk Vivienne Toll has joined the National Insurance Brokers Association board…
26 February 2018
Vehicle insurers handle claims better than their household cover counterparts, according to a new Roy Morgan customer satisfaction survey…
26 February 2018
Insurance losses from New Zealand’s first major storm of the year have reached $NZ26.7 million, industry figures show…
26 February 2018
People injured at work are increasingly likely to suffer a secondary mental health condition, according to Allianz…
26 February 2018
New Zealand’s Earthquake Commission says 88% of residential building settlements from the 2016 Kaikoura catastrophe were completed at the end of last month…
19 February 2018
New Zealand is bracing for damage from Cyclone Gita, which is forecast to make landfall near Wellington tonight, bringing strong winds, heavy rain and high seas to coastal areas in the country’s central regions…
19 February 2018
A rapid weakening of Pacific trade winds may hasten the decline of this year’s La Nina weather system, the Bureau of Meteorology says…