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Research uncovers massive NZ quake risk

07 September 2015

New Zealand’s largest and longest geological fault line has a “high probability” of rupturing in the next 50 years, producing “one of the biggest earthquakes since European settlement”, according to a new report…

Canstar names top travel insurers

07 September 2015

Southern Cross Travel Insurance and InsureandGo have shared this year’s Canstar “outstanding value” award in the international travel insurance category…

Technology stokes insurers’ fears

31 August 2015

Cyber risk, political interference and macroeconomic volatility are among the main sources of anxiety for Australian insurers, a survey by PricewaterhouseCoopers and the UK-based Centre for Financial Innovation shows…

NIBA promotes advice on strata cover

31 August 2015

The National Insurance Brokers Association has produced a guide to help strata committees and unit owners pick the right strata cover…

Global warming raises triple threat

24 August 2015

An “extreme of extremes” combination of three potentially devastating weather phenomena is tipped to occur more often as climate change takes hold – and Australia may be one of the worst-hit countries…

EQC pledges to fix shoddy repairs

24 August 2015

Up to 1200 homes damaged by the Canterbury earthquakes may not have been properly repaired, according to New Zealand’s Ministry of Business, Innovation and Employment…

ICNZ appoints code committee

24 August 2015

The Insurance Council of New Zealand has established a committee to monitor compliance with its revised Fair Insurance Code, which takes effect from January 1…

Industry hails premium taskforce’s focus on mitigation

17 August 2015

Insurers have welcomed the Northern Australia Insurance Premiums Taskforce’s initial findings which were released today, noting they give serious consideration to mitigation as an option to address affordability concerns…

Councils leave Victorian insurance mutual

17 August 2015

Six councils have left the Municipal Association of Victoria insurance scheme in the past two years, as private insurers muscle in on a market they once abandoned…

Law firm highlights cyber pitfalls

17 August 2015

Law firm Allens has warned Australian businesses that traditional insurance policies may not bail them out after a cyber breach…