27 February 2017
The Kaikoura earthquake has highlighted the risks of underinsurance following the switch to a sum-insured system for buying cover, New Zealand’s Insurance and Financial Services Ombudsman Karen Stevens says…
27 February 2017
The late Phil Doring’s broker son Tony was last week banned from providing insurance services, but his brothers are continuing their father’s legacy by investing in a new company carrying the Doring name…
27 February 2017
A Cairns mortgage broker wants a government-owned insurer to compete with private insurers, claiming they are cashing in on spiralling insurance premiums in north Queensland…
20 February 2017
Industry conferences sometimes fail to tackle the real issues, but the Insurance Council of Australia annual forum in Sydney on Friday packed serious punch…
20 February 2017
NSW has been pummelled by two natural catastrophes over the past week, with bushfires devastating several regional areas and Sydney and Wollongong being battered by a hailstorm on Saturday…
20 February 2017
Australia’s insurers and reinsurers earned a combined after-tax net profit of $2.9 billion last year, up 22.7% compared with 2015, latest statistics from the Australian Prudential Regulation Authority show…
20 February 2017
The Insurance Council of Australia is reviewing the General Insurance Code of Practice under a broader push to improve the industry’s reach to consumers and keep pace with recent developments…
20 February 2017
The record-breaking heatwave that hit parts of eastern Australia earlier this month was made twice as likely by climate change, according to researchers…
20 February 2017
New Zealand insurers have achieved “high standards” in handling claims and serving customers, according to the Fair Insurance Code’s first annual report…
20 February 2017
Cyber attacks are perceived as the biggest external risk for New Zealand businesses this year, according to an annual Marsh survey…
20 February 2017
New Zealand’s Earthquake Commission received 26,875 Kaikoura quake claims in the three months following the event…
20 February 2017
More than 1000 people were evacuated and 11 homes destroyed as a bushfire burned more than 1800 hectares of land close to Christchurch last week…
20 February 2017
Where is the Australian insurance market headed in the next 12 months? That’s the big question tackled by the latest edition of Insurance News (the magazine), which will be arriving in subscribers’ mailboxes over the next week…
13 February 2017
The Insurance Council of Australia is monitoring damage in regional NSW after more than 120 bushfires swept through rural areas following last week’s prolonged heatwave…
13 February 2017
SA-based insurer RAA is the most trusted personal lines insurer in Australia, according to a survey of nearly 3000 people by consumer advocate Choice…
13 February 2017
General insurance companies are increasingly failing to resolve disputes within the 45-day registration and referral timeframe set by the Financial Ombudsman Service…
13 February 2017
The Insurance Council of Australia and leading insurers are among the financial services players that made political donations last financial year, according to the Australian Electoral Commission…
13 February 2017
Private insurers paid nearly $NZ2.7 billion last year to settle commercial and residential claims from the Canterbury earthquakes of 2010/11…
13 February 2017
Professional car thieves have colour preferences when choosing their targets, according to a new study by the National Motor Vehicle Theft Reduction Council…
06 February 2017
Insurance premiums are forecast to rise this year, with gains in domestic and commercial classes, according to the latest JP Morgan Taylor Fry General Insurance Barometer…