Census data shows growth in at-risk housing
14 August 2017
Australians are continuing to build homes near the coast despite the increasing likelihood of natural disasters, according to new research…
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Contents replacement costs ease despite gadget demand
14 August 2017
The cost of replacing household goods has eased slightly despite rising demand for electronic items, according to the Sum Insured Australian Residential Contents Index…
Technology, competition concern NZ insurers
14 August 2017
Change management, technology and competition top the list of risks New Zealand insurers face, according to a PricewaterhouseCoopers survey…
Pedigree pooches come at a premium
14 August 2017
The number of Australians taking out pet insurance has risen 8% since 2013, due in part to our love of pedigree dogs predisposed to costly medical conditions, according to comparison website finder.com.au…
In Insurance News (the magazine) this month
14 August 2017
Do premium rises in the June renewals season indicate the market has turned the corner? The industry’s most popular print publication, Insurance News (the magazine), has the answers in its latest edition, which will be posted out to subscribers over the next week…
Insurers ‘must act’ on insurtechs
07 August 2017
There is a growing realisation among insurers that they must combat the threat of insurtech disruptors, according to a report from technology services provider TAS…
ICA flood database review in final stages
07 August 2017
The Insurance Council of Australia is finalising a review of the latest version of the National Flood Information Database, with figures showing about 20% of addresses have a flood exposure…
Wollongong votes against free ICA access to flood data
07 August 2017
Wollongong City Council has voted against freely providing its flood data to the Insurance Council of Australia…
NZ buildings ‘could face cladding risk’
07 August 2017
High-rise buildings in New Zealand could be exposed to the flammable cladding risk that has been highlighted in Australia and worldwide, the Insurance Council of New Zealand says…
Multi-fault quakes more common than thought
07 August 2017
Complex multi-fault earthquakes may be more common than previously thought, based on a review of data by New Zealand researchers following last year’s Kaikoura catastrophe…
Allianz supports workplace health research
07 August 2017
Allianz has teamed up with Monash Health to trial revolutionary movement assessment technology that could reduce the risk of workplace injury…
NSW spent $25 million on ditched fire levy reform
31 July 2017
The NSW Government spent $25.42 million on preparations for the fire and emergency services levy reform before backing away from it at the last minute, according to State Treasury estimates obtained by the Labor Party…
Paris target ‘not enough to halt El Nino growth’
31 July 2017
El Nino frequency is expected to increase even if the Paris climate accord limits the rise in average global temperature to 1.5 degrees above pre-industrial levels…
Council ponders giving insurers free access to flood data
31 July 2017
Wollongong City Council will vote tonight on a motion to make flood data available to the Insurance Council of Australia, amid concerns some residents pay higher premiums than necessary…
Female SME owners present ‘nuanced’ challenge for brokers
31 July 2017
Women who run SMEs are less likely than their male counterparts to use brokers to buy insurance, and are more likely to go online to examine the possibilities, according to Vero research…
SMEs ‘lack awareness’ on cyber risks
31 July 2017
Many companies are unprepared for rising threats from sophisticated and disruptive cyber crimes, Small Business and Family Enterprise Ombudsman Kate Carnell warns…
Insurers warned over autonomous car crash
31 July 2017
Personal injury insurance, compensation and rehabilitation schemes whose operational models do not reflect the rise in autonomous vehicles and the sharing economy risk collapse, according to a transport expert…
NZ confident of reinsurer support
31 July 2017
Comments suggesting a potential withdrawal of reinsurance from the New Zealand market due to earthquake risk are no cause for alarm, according to the Insurance Council of New Zealand…
AIR Worldwide models severe thunderstorm threat
31 July 2017
Catastrophe risk modeller AIR Worldwide has added a severe thunderstorm model to its suite of products for Australia, as potential losses from such events increase…
FOS general insurance disputes rise
31 July 2017
The number of general insurance disputes received by the Financial Ombudsman Service edged higher in the June quarter, according to its latest statistical report…