02 March 2015
Some direct travel insurance products show little correlation between strength of features and higher premiums, according to the latest Travel Insurance Report from researcher Plan For Life…
02 March 2015
Local authorities must start planning for increased flooding caused by climate change, the Insurance Council of New Zealand warns…
23 February 2015
Cyclone Marcia in Queensland has so far prompted more than 5000 claims from car and property-owners, according to the Insurance Council of Australia today…
23 February 2015
Intense competition and pressure on premiums in the insurance market are set to continue, Marsh MD and Head of Placement for Asia-Pacific John Donnelly warns…
23 February 2015
Businesses can grow trust by proactively engaging in reform, according to Suncorp Personal Insurance CEO Mark Milliner…
23 February 2015
A class action over hepatitis A in frozen berries could lead to substantial payouts, according to a national law firm…
23 February 2015
Vero has called for debate on how New Zealand handles disaster insurance, after releasing a report that finds the dual insurance model, unclear protocols, co-ordination issues and time taken to understand land changes delayed claims settlements following the Canterbury earthquakes…
23 February 2015
Proposed changes to crowd-funding regulations in Australia may have an impact on insurers, particularly those underwriting directors’ and officers’ and management liability cover, law firm Clyde & Co warns…
23 February 2015
NRMA Insurance has been named business insurer of the year at the annual Roy Morgan Customer Satisfaction Awards in Melbourne last week…
23 February 2015
The next year is shaping up to be one of the most challenging for insurers and brokers, as investment income and premium rates plummet. The February/March edition of Insurance News (the magazine) reports on the background to this situation, and what to expect…
16 February 2015
Private insurers have paid out almost $NZ14 billion ($13.4 billion) settling Canterbury earthquake claims, the Insurance Council of New Zealand says…
16 February 2015
Moody’s Investors Service warns cyclical headwinds will pose a challenge for the Australian property and casualty sector this year…
16 February 2015
Competition in the Pacific region continued to drive down commercial premiums last year but insurers remained profitable amid fewer catastrophic losses, according to Marsh…
16 February 2015
Lloyd’s says it will focus on its “accessibility and visibility” in Australia as competition in the local commercial insurance market intensifies…
16 February 2015
Speeding continues to be the biggest cause of major truck accidents, according to research by heavy motor specialist National Transport Insurance…
16 February 2015
QBE and Allianz have increased their NSW fire services levy rates, effective from March 28…
16 February 2015
The Australian Financial Review has still not issued a correction to a report last week stating that Lloyd’s Chairman John Nelson had “thrown his support” behind the Federal Government’s plan to allow unauthorised foreign insurers to enter the local market…
09 February 2015
Australia may be ravaged by more La Nina and El Nino events as the impact of climate change takes hold, scientists warn…
09 February 2015
Different approaches to covering cyber threats have created confusion in the insurance market, according to Deloitte Cyber Risk Services Partner Tommy Viljoen…
09 February 2015
Survivors of the Murrindindi-Marysville bushfire in 2009 have agreed to a $300 million settlement on the eve of a class action in the Victorian Supreme Court…