Local
30 November 2015
New technology that dramatically reduces the likelihood of powerline faults causing bushfires is to become mandatory in high-risk areas under new regulations announced by the Victorian Government last week…
30 November 2015
Claims have passed $1.34 billion one year after Brisbane’s biggest hailstorm in three decades, according to the Insurance Council of Australia…
30 November 2015
Short-term thefts of passenger and light commercial vehicles have increased 11% in the past five years in Victoria and WA, while NSW shows a steady decline, the National Motor Vehicle Theft Reduction Council says…
30 November 2015
New Zealanders’ weekly spending on building-related insurance has risen more than 70% since 2011…
23 November 2015
Profits for insurers and reinsurers fell by half to $2.36 billion as a string of weather-linked disasters including storms in NSW drove up claims, annual industry data shows…
23 November 2015
Australia’s bushfire preparedness is at risk from climate change, a new report from the Climate Council warns…
23 November 2015
Australian general insurers’ revenues are projected to grow 3.5% a year to reach $68.8 billion in 2020/21, according to analyst Ibisworld…
23 November 2015
New Zealand must better prepare for rising sea levels, according to new research…
23 November 2015
Two more buildings with non-compliant external cladding have been identified in Melbourne…
23 November 2015
The impact of the current El Nino cannot be predicted due to the complicating factor of climate change, according to the World Meteorological Organisation…
23 November 2015
The National Motor Vehicle Theft Reduction Council is not only trying to catch car thieves, it is also helping turn them into valuable members of society…
23 November 2015
The Bureau of Meteorology has produced an educational video as part of its cyclone awareness campaign…
16 November 2015
General insurers and reinsurers have made a combined full-year net profit of $2.31 billion, according to a compilation of company-level statistics from the Australian Prudential Regulation Authority…
16 November 2015
The devastating gun and bomb attacks in Paris that left almost 130 dead show there is an ongoing need for properly functioning terrorism reinsurance schemes, according to the Australian Reinsurance Pool Corporation…
16 November 2015
Natural disasters cost the Australian economy $6.3 billion a year, and the sum is expected to climb to $23 billion by 2050, according to a new report from Munich Re…
16 November 2015
The current El Nino has been established for six months but still has not peaked, according to the Bureau of Meteorology…
16 November 2015
New Zealanders “double-dipping” on claims or pretending to lose their phones so they can get the latest models will be immediately flagged thanks to the new Insurance Claims Register…
16 November 2015
Customer-centricity lies at the heart of innovation and also at the heart of insurers’ very survival, according to a KPMG report on New Zealand’s insurance industry…
16 November 2015
Melbourne apartments built using non-compliant cladding were not constructed in accordance with approved plans, it has been revealed…
16 November 2015
The Reserve Bank of New Zealand has for the first time compiled a list of insurers it considers too important to fail – but won’t say who they are…