Australia, NZ sign UN plan to reduce disaster impact
16 March 2015
The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand have signed a United Nations statement on reducing the impact of natural disasters…
16 March 2015
The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand have signed a United Nations statement on reducing the impact of natural disasters…
16 March 2015
The Australian Business Roundtable for Disaster Resilience & Safer Communities is one of three finalists for the United Nations Sasakawa Award for Disaster Reduction, to be announced in Japan tomorrow…
09 March 2015
Premiums invoiced by intermediated general insurance businesses fell to $9.67 billion for the six months to December 31, according to the Australian Prudential Regulation Authority…
09 March 2015
Insurers’ profitability will likely take a hit this year amid a rise in claims costs and weak investment returns, according to Moody’s Investors Service…
09 March 2015
Estimated insurance losses from Tropical Cyclone Marcia in Queensland now stand at $130.5 million, with 17,400 claims lodged, according to the Insurance Council of Australia…
09 March 2015
Insurance companies are chasing a limited amount of fixed-income investments and are being forced to consider other asset classes, according to a global investment specialist…
09 March 2015
Australian insurers’ biggest challenge is the pressure to grow in a static market, according to a new report from Aon Benfield…
09 March 2015
With the NSW state election due on March 28, the Labor opposition has branded the bushfire insurance system too complex and called for a better model to avoid underinsurance…
09 March 2015
People still want to receive important or sensitive information as physical mail, according to Australia Post’s customer survey for December…
02 March 2015
The Australian general insurance industry earned net profit after tax of $4.1 billion last year, down 12.8% on the 2013 figure…
02 March 2015
Insurance Council of New Zealand CEO Tim Grafton has denied allegations that insurers are deliberately delaying settlement of Canterbury earthquake claims…
02 March 2015
Australia stands out among global markets for reducing claims expenses and improving profit margins, a new report shows…
02 March 2015
The Insurance Council of Australia has welcomed a new flood management program launched by Toowoomba Regional Council in Queensland…
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…