02 May 2016
The EQC Action Group, representing 98 Canterbury homeowners, has claimed a “landmark settlement” with the New Zealand Earthquake Commission on the eve of its bid for a declaratory judgement in the High Court…
02 May 2016
QBE has been classed a “bystander” – a group taking the least action on climate change – in this year’s Global Climate 500 Index, released today…
26 April 2016
The Asia-Pacific insurance sector’s net ratings outlook is “somewhat negative” and pressure is expected to grow if a China-led regional slump worsens, according to Standard & Poor’s…
26 April 2016
Large areas of expensive Australian real estate will likely be under seawater by 2100, according to a new website…
26 April 2016
The insurance industry has denied being to blame for underinsurance levels among Blue Mountains residents who lost their homes to bushfires…
26 April 2016
Insurers are pessimistic about finding attractive investment opportunities, according to Goldman Sachs Asset Management’s global insurance survey…
26 April 2016
The XL Catlin Seaview Survey has published devastating images of bleached coral, including on the Great Barrier Reef…
26 April 2016
New Zealand’s Earthquake Commission has awarded a $NZ70,000 research grant to pinpoint infrastructure risks in the North Island city of Hamilton…
18 April 2016
Global reinsurers’ return on equity has been in decline since 2012 but remains profitable at about 10%, according to a Morgan Stanley report…
18 April 2016
The Bureau of Meteorology says there is a 50% chance a La Nina weather system will develop later this year, bringing with it above-average rainfall and the prospect of floods…
18 April 2016
CEO Michael Cameron says keeping Suncorp’s 9 million customers happy is a key plank of his strategy…
18 April 2016
Lead Ombudsman for General Insurance John Price cannot say why a sudden surge in complaints has caused a bottleneck at the Financial Ombudsman Service – but he hopes it is not permanent…
18 April 2016
National broker group Westcourt says it is confident the collapse of Perth-based authorised representative group Winley will not negatively affect the wider AR model…
18 April 2016
AAMI is still finalising claims settlements from the Christmas Day bushfire along Victoria’s Great Ocean Road…
18 April 2016
The collapse of Perth-based authorised representative group Winley Insurance will have repercussions in the industry, but Insurance Advisernet Managing Director Shaun Standfield explains in the latest edition of Insurance News (the magazine) why the AR model remains the way of the future…
11 April 2016
A Brisbane broker says he must wait almost three months before the Financial Ombudsman Service can consider his client’s complaint…
11 April 2016
The financial security arrangements smaller authorised representative groups have with insurers are being questioned following the collapse of Perth-based Winley Insurance Group…
11 April 2016
Residents of bushfire-devastated Wye River and Separation Creek have been retrospectively rendered underinsured following the Victorian Government’s decision to upgrade the towns’ bushfire attack level to the highest level…
11 April 2016
Climate change and profitability are among the key challenges for insurers this year and beyond, according to actuaries Taylor Fry…
11 April 2016
Standard & Poor’s has maintained its insurance industry and country risk assessment for the mortgage insurance sector in Australia at “low”…