11 September 2017
Several days of bad weather in July left insurers with a $NZ31 million damage bill, and made this the most expensive year for weather events, according to the Insurance Council of New Zealand…
11 September 2017
Social and regulatory changes are having a significant effect on professional indemnity demand, while the emergence of robo-advice will offer new challenges, Suncorp Insurance CEO Anthony Day says…
11 September 2017
The Christchurch earthquakes have given rise to a resilient and innovative business community willing to take on more risk than elsewhere, according to research commissioned by Suncorp…
11 September 2017
Wellington homeowners should check their houses for vulnerabilities to earthquakes, according to Insurance Council of New Zealand research…
04 September 2017
Major broker Marsh says insurers are imposing sharp premium rises on high hazard risks and loss-affected accounts knowing they won’t lose the business because there’s so little competition for it…
04 September 2017
AIG Australia CEO Noel Condon says blockchain technology could soon be used in the local market as the insurer explores opportunities following a successful international pilot…
04 September 2017
The Risk and Insurance Management Society will work with members to examine a rise in class action activity that is causing “unstainable” losses in the directors and officers’ market…
04 September 2017
Younger SME owners in New Zealand do business differently to the older generation, and most do not believe they get value out of their insurance, according to Vero…
04 September 2017
Workers in New Zealand financial and insurance services suffered the lowest rates of injury last year, according to figures released by Stats NZ…
28 August 2017
The number of self-reported breaches of the Insurance Brokers Code of Practice jumped 42% last year, while significant cases tripled, the compliance committee’s annual review says…
28 August 2017
Dry winter conditions in NSW, marked by record warm temperatures in July and low rainfall, may bring an early start to the bushfire season, according to academics…
28 August 2017
Suncorp and RACQ Insurance have joined forces to urge the Queensland Government to tackle “rampant rorting” of the state’s compulsory third party insurance scheme…
28 August 2017
The New Zealand insurance bill for damage wrought by cyclones Debbie and Cook in April has reached $NZ108.7 million, according to the Insurance Council of New Zealand…
28 August 2017
Apartment owners affected by flammable aluminium building cladding have been ignored, according to the organisers of a safety forum…
28 August 2017
The Insurance Council of Australia and key insurers will be in the Whitsundays region on September 8-10 to help policyholders with claims issues relating to Cyclone Debbie…
21 August 2017
(Re)insurers’ combined after-tax net profit grew 7.2% to $3.1 billion in the year to June 30, partly driven by higher underwriting income and gross written premium, according to Australian Prudential Regulation Authority industry figures…
21 August 2017
A new scheme to help bring brokers’ business ideas to life is about countering the market influence of disruptors rather than a money-making exercise, according to the man who conceived it…
21 August 2017
A surge in vehicle crime and home break-in figures in Victoria has pushed up insurance premiums more quickly than in other states, according to analysis by the Insurance Council of Australia…
21 August 2017
Australia’s financial services regulators and their Asia-Pacific counterparts must work more closely together to deal effectively with cyber attacks, according to Deloitte…
21 August 2017
The Earthquake Commission says it is on track to settle most of the 38,000 Kaikoura earthquake residential claims by the end of the year…