Email attacks dominate SME cyber breaches
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…
Local
Large Kaikoura aftershock still possible
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…
Road safety strategy is failing: campaigners
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…
ABS reveals freight load figures
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…
Clarification:
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…
Insurers’ courtship of fintechs continues
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…
Employees pose main cyber threat, companies warned
20 March 2017
Australian companies facing tougher privacy laws have been warned employee actions account for two-thirds of cyber breaches worldwide…
SES warns of flood risk in Sydney renewal plan
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…
NSW fire conditions ‘worst on record’
20 March 2017
The summer’s NSW bushfire conditions were the worst on record, as temperature records also tumbled…
Kaikoura reinsurance claims estimated at $NZ694 million
20 March 2017
Reinsurance claims from the Kaikoura earthquake have reached $NZ694 million, according to provisional estimates by insurance companies, Statistics New Zealand says…
Climate models point to another El Nino
20 March 2017
International modelling and warm sea temperatures suggest an El Nino system will develop this year, according to the Bureau of Meteorology…
Angry summers ‘pose threat to economy, energy supply’
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…
Property lines price slide near the bottom, says Aon
13 March 2017
The pricing slide in property lines may be bottoming out as rate reductions have slowed in the last three quarters, Aon Australia says in its latest market update report…
Researcher studies attitudes and understanding in cyclone zones
13 March 2017
Do low-income earners who move to cities and towns in cyclone zones understand the risks? And if they do, what level of protection can they afford?…
Scammers pose as insurance assessors
13 March 2017
Con artists posing as insurance company assessors are targeting vulnerable Sydney residents affected by last month’s hailstorms…
Australians urged to collaborate over cyber risks
13 March 2017
A risk expert has called for increased collaboration between the insurance industry and a range of parties to counter Australia’s increasing vulnerability to cyber risks…
Ice contamination worries NZ insurer
13 March 2017
IAG New Zealand says cases of contamination as a result of methamphetamine being produced in private homes are rising fast, and confusion over cover is causing problems for landlords…
North Island counts cost of storm damage, flooding
13 March 2017
Landslips damaged seven homes in New Zealand’s Coromandel Peninsula during a one-in-100-year storm last week…
Climate Institute forced to close as funds dry up
13 March 2017
The Climate Institute will close on June 30 after failing to secure enough funding to continue operations…
Intermediaries place $9.7 billion in premium
06 March 2017
Australian insurance intermediaries invoiced $9.7 billion in premium during the six months to December 31, according to the latest statistics from the Australian Prudential Regulation Authority…