Premiums to grow 3% a year: Swiss Re
19 August 2013
Australian premium volume is likely to grow an average 3% a year for the next decade, slightly above overall economic growth, according to Swiss Re Chief Economist Kurt Karl…
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Respond to changing customer needs, says Suncorp
19 August 2013
Clients must be placed at the core of everything from underwriting to claims experience, according to a report on the future for the commercial insurance industry…
Pratten appeals against fraud conviction
19 August 2013
Former insurer and insurance broker Charles Pratten has appealed against his conviction for defrauding the Commonwealth…
Flood prevention drives down Charleville premiums
19 August 2013
Home and contents premiums are dropping in flood-prone Charleville after the completion of mitigation projects including a levee bank and diversion works…
Allianz considers appeal over Brisbane flood decision
19 August 2013
Allianz may appeal against the Queensland Supreme Court’s ruling that it must pay a disputed claim from a business inundated by the 2011 Brisbane floods…
James Hardie asbestos claims ‘exceeding expectations’
19 August 2013
The number of mesothelioma claims being reported remains high two years after the expected peak period, building products manufacturer James Hardie says…
Australian theft rates decline
19 August 2013
National robbery and theft rates have dropped sharply since 2001, the NSW Bureau of Crime Statistics and Research says…
Another large earthquake rocks NZ
19 August 2013
Homes and roads were damaged after a 6.5-magnitude earthquake hit New Zealand on Friday, with more aftershocks expected…
ICA reaction to code review ‘a disappointment’
12 August 2013
The industry response to a key recommendation in the General Insurance Code of Practice review is a “major disappointment”, a consumer group says…
Insurers’ claims performance to be rated
12 August 2013
Insurance expert Allan Manning is developing a new service to provide the industry and public with ratings for insurers’ claims performance…
WA budgets for builders’ warranty subsidy
12 August 2013
The WA Government has budgeted to subsidise builders’ warranty insurance by $1.2 million this financial year as it works through proposals to change the scheme…
SUV sales soar, but joyriders steer clear
12 August 2013
Sports utility vehicles may be a popular choice for Australian families, but short-term thieves do not seem so keen…
WA insurance taxation to rise 7%
12 August 2013
The WA Government will earn $592.9 million from insurance taxes this financial year, up 7% on 2012/13:
In Insurance News (the magazine) this month
12 August 2013
The insurance centre of London is our focus in the latest edition of Insurance News (the magazine), due to hit subscribers’ mailboxes this week…
Don’t lose focus on code recommendations, says advocate
05 August 2013
Recommended changes to the General Insurance Code of Practice should not be overshadowed by a debate on an independent governance framework, a leading consumer advocate warned today…
Insurers embrace conciliation
05 August 2013
The insurance industry is increasingly using conciliation to settle complaints to the Financial Ombudsman Service…
Bushfire complacency ‘must be tackled’
05 August 2013
Projects to improve bushfire awareness and safety remain unfinished as the Victorian community returns to complacency, according to the Bushfires Royal Commission Implementation Monitor Neil Comrie…
EQC prepares to count cost of Wellington quakes
05 August 2013
Assessment of damage from the Cook Strait earthquakes will begin in two weeks, according to New Zealand’s Earthquake Commission…
Dishonest conduct scuppers NZ broker’s PI claim
05 August 2013
IAG will not have to pay an insurance broker’s professional indemnity claim after the New Zealand Court of Appeal ruled the policy does not cover dishonest conduct…
Court tells Allianz to pay in flood dispute
29 July 2013
Allianz has been ordered to pay a disputed claim from a business that was hit by the 2011 Queensland floods, in a decision that could have consequences for other insurers…