ICNZ unveils new leadership line-up
05 February 2024
The Insurance Council of New Zealand has named former cabinet minister Kris Faafoi as its new CEO...
Local
Car crash claim managers ‘detrimental to industry’
05 February 2024
The Insurance Council of Australia says it has significant concerns about businesses that purport to offer a smooth and cost-free insurance claim experience for not-at-fault drivers...
Top strata insurers retain platinum status
05 February 2024
CHU Strata Insurance, Strata Community Insurance and Strata Unit Underwriters retained their top spots in an annual ranking by StrataRatings, with their products receiving platinum honours in the residential and commercial space...
A NOTE FROM THE PUBLISHER
18 December 2023
It’s been another fascinating and thought-provoking year in insurance, and you can click through to today’s Analysis article to remind yourself of some of the most popular stories of 2023...
Jasper claims rise as ‘unprecedented’ rainfall floods north Queensland
18 December 2023
Suncorp has received more than 500 claims related to tropical cyclone Jasper as the Bureau of Meteorology says “unprecedented rainfall” is leading to widespread flooding across North Queensland after the category two storm made landfall last week...
ICNZ issues update on catastrophe claim settlements
18 December 2023
The Insurance Council of New Zealand says insurers have fully settled about 87% of all private insurance claims relating to Cyclone Gabrielle and the North Island floods...
In Insurance News magazine this month
18 December 2023
It’s that time of year when we recognise the top influencers and influences in insurance. The December/January issue of Insurance News magazine presents our considered, if not scientific, summary of this year’s movers and shakers...
Climate litigation to heat up in 2024
18 December 2023
Australia can expect a jump in climate litigation cases next year, Clyde & Co has predicted...
Arteva, QPR become premium funding code of practice signatories
18 December 2023
The Australian Finance Industry Association says Arteva and QPR have become Insurance Premium Funding Code of Practice members following an accreditation process...
Bridges built in 1930s withstand tough seismic tests
18 December 2023
Extreme laboratory testing on an 84-year-old bridge at the University of Auckland has provided promising insights for key infrastructure across New Zealand...
Cyclone Jasper set to cross Queensland coast on Wednesday
11 December 2023
Tropical Cyclone Jasper is expected to cross the northern Queensland coast on Wednesday bringing gale-force winds, heavy rainfall and the risk of flash flooding...
IAG calls for governments to ‘rethink’ land use system
11 December 2023
IAG says Australian communities and systems are nearing a “tipping point” where the capacity for community resilience may be diminished by increasing natural disaster risk, as it calls for state and federal entities to give more consideration to land planning decisions...
Indian Ocean Dipole passes peak, El Nino continues
11 December 2023
The positive Indian Ocean Dipole, which contributes to dry weather in eastern Australia, is likely past its peak, while an El Nino event is continuing in the Pacific, the Bureau of Meteorology says in a climate driver update...
ICA warns against rising uninsured travel trends
11 December 2023
The Insurance Council of Australia has flagged a “concerning trend” of non-insurance amongst travellers following a new survey, which found more Australians were travelling without adequate protections...
Flood damage ‘wildly disproportionate’ to known exposure: ICA
04 December 2023
Flood events accounted for more than 54% of losses from declared insurance events in the last five years despite only a small percentage of properties known to be at risk, the Insurance Council of Australia (ICA) says in a submission to a parliamentary inquiry...
Severe eastern Australia storms trigger thousands of claims
04 December 2023
Severe storms and flooding in southern and eastern Australia over the past week have triggered thousands of claims across a swathe of the country...
Bureau warns cyclone could move close to Queensland next week
04 December 2023
The Bureau of Meteorology says a tropical cyclone has a high chance of forming near the Solomon Islands and could move close to the Queensland coast next week...
Queensland, NSW at heightened summer bushfire risk
04 December 2023
Large areas of Queensland, NSW and the NT are at increased risk of summer bushfires after above average August to October maximum temperatures...
EQC announces biennial grant recipients
04 December 2023
Toka Tu Ake EQC has awarded more than $NZ1.2 million to 14 research teams as part of its Biennial Grants round...
No ‘cash cow’: ICA CEO calls for stamp duty reform
27 November 2023
Stamp duty reforms must be undertaken as part of measures to improve affordability and resilience, Insurance Council of Australia CEO Andrew Hall has told the National Press Club in Canberra...