02 April 2012
The decade-long downward trend in motor vehicle thefts has stalled, with all but one state experiencing an increase in the number of thefts of passenger and light commercial vehicles during the last quarter of 2011…
26 March 2012
Insurance investors believe premium rates must rise further to reflect the increasing costs of doing business and higher levels of risk in the sector…
26 March 2012
Business leaders’ concerns about external risks have overtaken inward-looking corporate risk for the first time in the 10-year history of the Aon Australasian Risk Survey…
26 March 2012
The Insurance Council of Australia is creating a resilience rating tool to enable homeowners to assess the resilience of their property in the face of extreme weather events…
26 March 2012
Insurers wrote $30.6 billion in gross earned premium for the year to June 30 2011 and incurred claims of $23.8 billion…
26 March 2012
The New Zealand High Court’s Bridgecorp decision on who is entitled to directors’ and officers’ insurance proceeds has flowed on to Australia, with the NSW Supreme Court being asked to rule on…
26 March 2012
The Canterbury Earthquake Recovery Authority has commissioned a study that will help determine how to mitigate the danger of rockfalls in the Port Hills area outside Christchurch…
26 March 2012
Loss estimates in Christchurch are escalating as additional complications and damage are uncovered, according to Marsh…
19 March 2012
The Queensland Floods Commission of Inquiry has recommended that insurers be more open about the information they use to deny a claim…
19 March 2012
The Insurance Council of Australia has welcomed the mitigation measures proposed by the Queensland Floods Commission of Inquiry and called on governments to “get moving” on flood mapping…
19 March 2012
A potential class action against Queensland Government-owned utility Seqwater is premature and would face “significant hurdles” getting off the ground, law firm Slater & Gordon has warned…
19 March 2012
The climatic extremes experienced recently in Australia are expected to continue, a new study of long-term climate trends by the CSIRO and the Bureau of Meteorology has warned…
19 March 2012
The Reserve Bank of New Zealand has licensed 105 insurers under its new Insurance (Prudential Supervision) Act 2010, which took effect on March 7…
19 March 2012
Truck-related incidents account for a third of all workplace deaths, and older workers are over-represented in the number of fatalities on agricultural properties…
19 March 2012
IAG is to hold a risk summit in May to look at insurance affordability through community resilience to natural disasters…
12 March 2012
Insurers’ compliance with the General Insurance Code of Practice for the 2010/11 financial year was not affected by the immense pressure put on them during last year’s natural disasters…
12 March 2012
Residents of flood-affected communities in NSW and Victoria are slowly returning to their homes as insurers tally the cost of the latest spate of floods…
12 March 2012
Settlement has been reached on the 2009 Beechworth-Mudgegonga bushfire class action…
12 March 2012
The Insurance Council of New Zealand is liaising with local media to counter the view that insurance fraud is a victimless crime…
12 March 2012
An ever-expanding market of car insurers is giving consumers more options in cover and price but also making it harder for them to select from an “abundance of choice”, according to consumer organisation Choice…