06 August 2012
Australians have become a nation of electronically connected people using social media, but the insurance industry hasn’t yet embraced the concept and is lagging behind other industry sectors…
06 August 2012
Insurers need to be consistent when assessing claims because brokers have entrusted their reputations to them, Suncorp Commercial Insurance CEO Anthony Day says…
06 August 2012
Claims from the Victorian earthquake on June 19 are coming from a wider area than first thought, extending to a 125km radius…
06 August 2012
The Insurance Council of Australia has welcomed the NSW Professional Services Industry Taskforce’s proposal that the state scrap stamp duty on insurance policies…
06 August 2012
The Bureau of Meteorology says investment in early-warning systems and environmental monitoring and analysis would reduce risks from climate change…
30 July 2012
BHP Billiton and its partner Mitsubishi Developments are believed to have made the world’s largest out of court settlement of its type with insurers over flood damage to their Bowen Basin coalmines in 2007/8…
30 July 2012
The Productivity Commission’s draft report on climate change appears to dismiss the key recommendations of the Natural Disaster Insurance Review, according to the three members of the review panel…
30 July 2012
The general insurance sector is continuing to grow, although affordability in some areas remains a problem, Deloitte Access Economics General Insurance Partner Rick Shaw says…
30 July 2012
Catastrophe risk modelling firm AIR Worldwide has released its first probabilistic bushfire model for Australia and updated its local tropical cyclone and earthquake models…
30 July 2012
Rural & General Insurance Brokers founder and MD Charles Pratten is awaiting sentencing after having been found guilty of seven counts of dishonestly obtaining by deception a financial advantage…
30 July 2012
New Zealand insurers are being urged to give Christchurch homeowners shorter timeframes on rebuilds and to have more staff available in the city, as frustration grows over delays on claims settlement…
30 July 2012
A new international standard has been devised to better prepare organisations for events like natural disasters and technology-related accidents…
23 July 2012
The Queensland Government is investigating how property-buyers can get better information about flood risk…
23 July 2012
SMEs are more than content with their brokers and have an increased awareness of the role brokers perform, according to new research…
23 July 2012
Many SMEs remain underinsured and don’t understand what cover they need, says a new Suncorp white paper…
23 July 2012
The US-based Association for Co-operative Operations Research and Development plans to set up an Asia-Pacific insurance grouping based on its European “Ruschlikon” model which will make insurance…
23 July 2012
London market underwriters are concerned about business interruption issues from the Christchurch earthquakes and are questioning how tougher regulations on strengthening buildings…
23 July 2012
The insurance industry can play a critical role in encouraging adaptation to climate change but needs a commercial imperative to do it, say researchers from the University of Sydney…
23 July 2012
The collapse in bond yields is a new threat to insurers’ profitability, according to a report from Finity Consulting and Deutsche Bank…
23 July 2012
Insurers are increasing excesses for worker-to-worker claims, according to industry experts…