30 January 2017
Most lines of casualty reinsurance business in Australia continue to soften, and buyers and reinsurers are increasingly prepared to disengage if parties can’t reach mutually beneficial terms, according to a Willis Re report on the crucial January 1 renewal season…
30 January 2017
Suncorp has hailed a decision by the central Queensland town of Roma to proceed with stage two of its flood mitigation project…
30 January 2017
The insurance industry has criticised the Federal Government for failing to implement proposals for increased disaster mitigation spending…
30 January 2017
The National Motor Vehicle Theft Reduction Council hopes a planned tightening of Victoria’s bail laws will also help slow the rise of passenger and light commercial vehicle thefts…
30 January 2017
Trials have begun in NSW, Victoria and WA to develop new ways of preventing and fighting bushfires…
30 January 2017
Flammable building cladding that contributed to a serious fire at a Melbourne apartment block must be replaced, the Building Appeals Board says…
30 January 2017
New Zealand’s Earthquake Commission and private insurers have agreed on a simpler process for handling home and contents claims from last November’s Kaikoura quake…
30 January 2017
The Victorian Government is preparing the way for automated vehicles on state roads…
12 December 2016
This is the final scheduled insuranceNEWS.com.au bulletin for 2016. We will return on January 30, with any significant industry news being covered by our Breaking News service during the recess…
12 December 2016
Insurers face a “critical time” in coming months as conditions that have squeezed margins show no signs of easing, Aon says in its second-half Insurance Market Update…
12 December 2016
The prospects of La Nina materialising are increasingly remote, according to the Bureau of Meteorology…
12 December 2016
Fitch Ratings expects Australia and New Zealand insurer earnings to remain steady next year, with strong competition constraining premium rate increases and underwriting margins…
12 December 2016
Capital Mutual Insurance Brokers says it feels vindicated after the Fair Work Commission denied a former employee’s application for unfair dismissal…
12 December 2016
The Supreme Court of New Zealand has dismissed an appeal relating to a claim for damage from the Canterbury earthquakes…
12 December 2016
The economic cost of bushfires in NSW and the ACT will double to $200 million a year by 2050, according to a new report from the Climate Council…
12 December 2016
New Zealand’s Earthquake Commission has received Kaikoura quake claims from as far away as Auckland in the north to the nation’s far south…
12 December 2016
The 250th anniversary of a court case that led to the establishment of the principle of uberrima fides as a cornerstone of insurance is commemorated in the December-January issue of Insurance News (the magazine)…
05 December 2016
Satisfaction scores for insurers Youi, Coles and Budget Direct are below the industry average and the trio may find it difficult to retain home insurance customers, according to Roy Morgan Research…
05 December 2016
Grassland areas in Victoria and NSW face higher bushfire risk, with average to above-average temperatures forecast for summer, the Bushfire and Natural Hazards Co-operative Research Centre says…
05 December 2016
All major Australian insurers have revisited their risk operating models over the past 18 months and honed their focus on this area, according to EY’s Asia-Pacific chief risk officer survey…