12 June 2012
The Victorian Government’s decision not to phase out the fire services levy through a graduated process is alarming premium funders, who see their risk increasing if policyholders cancel policies early…
12 June 2012
Suncorp is still refusing to write new business in the flood-affected Queensland town of Emerald despite joining a council tour of flood mitigation work in the town…
12 June 2012
Representatives from the Maranoa Regional Council, the local government authority for the Queensland town of Roma, met with insurers last week in a bid to improve the availability and affordability…
12 June 2012
Europe’s financial upheavals are forcing reinsurers to be more cautious in providing capacity as the June renewals progress, according to a senior reinsurance executive…
12 June 2012
The wild weather that lashed parts of NSW and Victoria last week will not be declared a catastrophe, a spokesman for the Insurance Council of Australia told insuranceNEWS.com.au…
12 June 2012
Investment company Perpetual Trustees is still considering whether to appeal against a NSW Supreme Court decision last week to dismiss a claim by HIH Holdings for the repayment of New Zealand…
12 June 2012
Car thefts and break-ins rose slightly last year, Australian Bureau of Statistics figures show…
12 June 2012
Snowstorms in New Zealand last week cut power to thousands of homes and caused cancellations to flights in and out of Christchurch…
04 June 2012
Victorian brokers are reporting commercial clients reducing their insurance as a result of the higher fire services levy charge…
04 June 2012
A briefing note explaining the fire services levy issue in Victoria and providing tables to calculate likely impacts on premiums is now available online…
04 June 2012
The NSW Government’s decision to allocate $96 million for the State Emergency Service in the upcoming Budget doesn’t necessarily mean the SES levy on insurance premiums will be dropped…
04 June 2012
General insurers have recorded much stronger net profits for the March quarter compared to the corresponding quarter last year…
04 June 2012
The Insurance Council of Australia’s Insurance Fraud Bureau is set to move to the next stage of its development with a plan to tackle organised insurance fraud…
04 June 2012
Consumer watchdog Choice has called on local, state and federal governments to do more to improve planning and infrastructure in the face of rising home and contents premiums…
04 June 2012
Nearly 3 million Australians don’t have access to basic financial services including general insurance, according to a new study…
04 June 2012
The Insurance Council of New Zealand has welcomed a new website that could help insurers save money by recovering stolen goods…
04 June 2012
Moody’s Investors Service has put lenders’ mortgage insurers on review for a possible downgrade…
28 May 2012
Insurers and brokers are speculating that the Victorian Government may extend the fire services levy cut-off date past July 1 next year…
28 May 2012
IAG has begun a new three to five-year program aimed at reducing some of the key risks faced by communities across Australia…
28 May 2012
Aon says it is “impressed” with the number of Australian companies wanting to have their risk maturity assessed as part of the company’s global risk maturity index project…