03 April 2017
Modest premium increases in key personal lines and a long-awaited turn to growth in commercial classes should propel the insurance industry into a year of improved profitability, according to consultant Taylor Fry…
03 April 2017
The number of disputes about general insurance products and services grew 31% to 30,171 in the last financial year, according to the industry’s Code Governance Committee…
03 April 2017
Insurtechs are better off partnering with established insurers than trying to jump through regulatory hoops or sourcing the capital they need to compete against incumbents, according to a KPMG industry expert…
03 April 2017
New Zealand insurers expect most Kaikoura earthquake cash-settlement offers will be made by the end of this year for commercial and residential claims…
03 April 2017
The Insurance Council of Australia has extended the deadline for submissions on its review of the General Insurance Code of Practice, as it seeks more diverse community feedback…
27 March 2017
Tropical Cyclone Debbie is on course to make landfall in Queensland tomorrow, as the state braces for what could be its biggest storm since Yasi in 2011…
27 March 2017
Former Sydney insurance broker Charles Pratten has been given an extended prison sentence for tax evasion and breaching a restraining order, and will now be eligible for parole from October 2019…
27 March 2017
NSW Emergency Services Levy Insurance Monitor Allan Fels has attracted industry criticism after saying wide price differences for home cover suggest competition is deficient and providers are making it difficult for consumers to compare policies…
27 March 2017
Phishing or email scams account for more than half of cyber attacks suffered by Australian SMEs, according to a survey by cyber-security group Symantec…
27 March 2017
A major aftershock following last year’s Kaikoura earthquake remains “well within the probabilities”, according to modelling by New Zealand’s GeoNet…
27 March 2017
More funding is needed to combat road trauma, with an average of 25 deaths and 700 serious injuries occurring in Australia each week, the Australasian College of Road Safety says…
27 March 2017
Articulated trucks carry most of Australia’s road freight despite accounting for only 5% of all registered freight vehicles, according to Australian Bureau of Statistics figures…
27 March 2017
An article in last week’s bulletin said CGU is offering a 25% home insurance discount via a partnership with online mortgage marketplace HashChing. The rebate is provided by HashChing…
20 March 2017
Insurers are increasingly partnering with fintechs to add value for customers and buy time to invest in their own innovations, according to an Australian and New Zealand Institute of Insurance and Finance expert…
20 March 2017
Australian companies facing tougher privacy laws have been warned employee actions account for two-thirds of cyber breaches worldwide…
20 March 2017
Thousands of proposed new homes under consideration in Sydney’s Bayside West Precincts urban renewal project are vulnerable to flooding, according to the NSW State Emergency Service…
20 March 2017
The summer’s NSW bushfire conditions were the worst on record, as temperature records also tumbled…
20 March 2017
Reinsurance claims from the Kaikoura earthquake have reached $NZ694 million, according to provisional estimates by insurance companies, Statistics New Zealand says…
20 March 2017
International modelling and warm sea temperatures suggest an El Nino system will develop this year, according to the Bureau of Meteorology…
13 March 2017
The Climate Council says Australia’s increasingly hot summers pose a serious threat to critical infrastructure, and has again called for the urgent uptake of renewable energy…