Scientist urges ‘smarter’ retrofitting to cut storm losses
08 September 2014
A smarter approach to retrofitting old homes for cyclone and storm resilience will prevent losses and save owners money, an emergency services conference has heard…
Local
NZ Supreme Court to rule on fire levy
08 September 2014
New Zealand’s highest court will decide how the fire services levy is applied to commercial premiums, after the Fire Service Commission was granted leave to appeal…
Judge warns on social media risks
08 September 2014
Social media is creating new forms of insurable risk, but because it is instantaneous and borderless, insurers are unsure where the threat lies, a legal expert warns…
NZ weather costs rise
08 September 2014
Weather-related insured losses in New Zealand have risen to more than $NZ135.4 million ($120.4 million) this year after estimates increased for storms during Easter and July…
Underwriters warned on loose D&O wording
08 September 2014
Underwriters should take care to define professional services in directors’ and officers’ policies, HWL Ebsworth Lawyers partner Tim Griffiths warns…
Personal lines drive industry GWP
01 September 2014
Buyers of home and private motor cover helped lift the industry’s gross written premium in the year to June 30…
Premium funders predict rising demand
01 September 2014
Australia’s use of premium funding lags behind overseas markets, but demand is likely to grow as brokers increasingly promote the service to clients, according to an industry executive…
Warning for Brisbane businesses during G20 summit: be prepared
01 September 2014
The G20 summit in Brisbane in November will affect the ability of many businesses to operate in the city, according to Aon…
El Nino still on the cards
01 September 2014
An El Nino event remains a strong possibility over the coming months, the Bureau of Meteorology warns…
NSW councils hit out over bushfire clearance laws
01 September 2014
The NSW Rural Fire Service will meet with Sydney councils within the next few days as pressure mounts on the NSW Government to modify new anti-bushfire laws …
NZ court allows multiple earthquake claims
01 September 2014
Policyholders could cash in after New Zealand’s Supreme Court ruled an insured can make multiple earthquake claims in a single policy period, up to the sum insured each time…
New entrants step up challenge in personal lines
25 August 2014
Challenger brands have doubled their market share in personal lines over the past three years – and they are not done yet…
University study weighs up bushfire strategies
25 August 2014
A pilot study in NSW could help change the way bushfire risk is managed in vulnerable communities…
Court rules welder’s cancer is workplace injury
25 August 2014
A former welder who contracted lung cancer and subsequently had his right lung removed is entitled to workers’ compensation, a court has found…
Ombudsman making headway on backlog
25 August 2014
The Financial Ombudsman Service will have significantly reduced its backlog by the end of the year, according to Chief Ombudsman Shane Tregillis…
More NSW councils bring forward bushfire season
25 August 2014
Up to 20 NSW councils will advance their bushfire season start dates to September 1, with firefighters warning of an “above-average” risk this year…
Liquidator pursues debts, lawyers target planners
25 August 2014
Liquidator KordaMentha has triggered a vicious circle of court action as it places legal pressure on investors in failed forestry group Timbercorp…
NIBA looks to copy guide for MPs
25 August 2014
A British Insurance Brokers’ Association guide for politicians could serve as a template for an Australian version, according to the National Insurance Brokers Association…
Insurers look beyond bonds
18 August 2014
Persistently low yields have forced insurers to diversify their investments, but Australian groups have been slow to copy their counterparts in Europe and North America by investing abroad…
Plan for the worst, Aon warns food suppliers
18 August 2014
Companies in the food supply system should have crisis management plans in place to combat growing risks from issues such as contamination, Aon Risk Solutions warns…