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…
17 August 2015
Rationalisation of commercial insurance pricing will take place soon, according to Suncorp…
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…
17 August 2015
Law firm Allens has warned Australian businesses that traditional insurance policies may not bail them out after a cyber breach…
17 August 2015
Hackers and manufacturers are at war over vehicle security, according to Australia’s National Motor Vehicle Theft Reduction Council…
17 August 2015
Safe Work Australia has produced a handbook to help businesses meet their legal obligations, reduce worker injury rates and improve productivity…
10 August 2015
The six months to June featured soft markets, stiff competition and falling premiums in the Australian insurance sector, according to Marsh’s mid-year market report…
10 August 2015
Time is running out for homeowners and businesses to remove potentially deadly electric cable from their properties, the Australian Competition and Consumer Commission has warned…
10 August 2015
The latest El Nino climate effect continues to strengthen and within weeks could surpass peak values reached during 2002 and 2009, according to the Bureau of Meteorology…
10 August 2015
A solar storm that could knock out power grids and computers is more probable than we think, according to Lloyd’s Australia General Representative Chris Mackinnon…
10 August 2015
John Deex has been appointed Managing Editor of Insurance News. He replaces Jan McCallum, who has left the publication to pursue freelance opportunities after more than four years in the role…
10 August 2015
Extensive flooding in June cost insurers more than $NZ44 million, the Insurance Council of New Zealand says…
10 August 2015
Only a few insurance claims relating to defamation via social media have been made, but this will change given Australians’ rapid take-up of platforms such as Twitter, last week’s Claims Convention in Sydney heard…
10 August 2015
Private insurers have settled more than 16,000 residential claims arising from the Canterbury earthquakes of 2010 and 2011, the Insurance Council of New Zealand says…
10 August 2015
Why did Warren Buffett, a visionary investor with a famous instinct for business advantage, do a “hands-off” deal with IAG that he admits he hasn’t done in 48 years? You’ll find the answer in the latest edition of Insurance News (the magazine), which will be mailed to subscribers over the next week…
03 August 2015
Australia’s general insurers must adjust to a new reality, as the soft market finally starts to bite, according to actuarial consultant Finity…
03 August 2015
Consumers have named Suncorp the best digital brand in Australia, leading a top 10 in which half of the businesses are banks or insurers…
03 August 2015
The Financial Ombudsman Service recorded 7720 complaints in the second quarter, down 7% on the preceding three months and 4% on the corresponding quarter of last year…
03 August 2015
QBE’s Insurance Box telematics technology will be used in a world-first study of young drivers…
03 August 2015
Organised crime gangs have improved access to sophisticated malware and are using it to steal intellectual property or commercially sensitive information, the Australian Cyber Security Centre warns…