28 November 2011
The House of Representatives inquiry into the insurance response to disasters has been extended to cover residential strata title insurance and will hold public hearings in northern Queensland…
28 November 2011
Queensland Premier Anna Bligh has called on insurers to adopt the proposed standard flood definitions before it becomes law…
28 November 2011
The Insurance Council of Australia has declared the Margaret River bushfires in Western Australia an insurance catastrophe event…
28 November 2011
There will always be a role for brokers despite the growth of comparator sites in Australia, according to Ebix Australia MD Leon d’Apice…
28 November 2011
Motor vehicle theft has fallen by a staggering 60% in the past 10 years as technology and socio-economic changes have cut the allure of joyriding and car laundering…
28 November 2011
Desperate property-owners in earthquake-ravaged Christchurch are calling for an independent advocate to help them deal with insurance companies and the Earthquake Commission…
28 November 2011
Sydney’s goal of becoming Australia’s financial hub was boosted last week with a forum held at the new Centre for International Finance and Regulation to announce the centre’s board…
28 November 2011
Moody’s has produced a paper on how it will update its global rating methodology of insurance brokers and service companies…
21 November 2011
Affordability is the major issue facing flood insurance following the Federal Government’s swift response to the Natural Disaster Insurance Review report, the review’s chairman says…
21 November 2011
Insurers are an important part of the rebuild of Christchurch and need to communicate what they are doing so the public can understand the process, an Insurance Council of New Zealand seminar…
21 November 2011
Cyclones occur in clusters rather than randomly, according to new research that has implications for the insurance industry…
21 November 2011
Fears about a withdrawal of major insurers and reinsurers from the New Zealand market are misplaced, according to Vero NZ CEO Gary Dransfield…
21 November 2011
Industry consolidation in New Zealand is likely because there are too many insurers for the size of the market, says AM Best…
21 November 2011
New Zealand’s Earthquake Commission expects to incur a direct loss of $NZ7 billion ($5.3 billion) from the Christchurch earthquakes…
14 November 2011
Flood maps can be unreliable, of varying quality or not detailed enough, Actuaries Institute representative Peter McCarthy has told the parliamentary inquiry into the insurance response to…
14 November 2011
The Reserve Bank of New Zealand has estimated the cost of property-related insurance claims from the Canterbury earthquakes at $NZ30 billion ($23 billion) in a detailed calculation…
14 November 2011
Investment officers in insurance companies have been urged to increase exposure to equities to deliver better returns for shareholders…
14 November 2011
The Queensland Floods Commission of Inquiry hearings have wrapped up with the final round of hearings held last week in Brisbane…
14 November 2011
The level of Brisbane’s Wivenhoe Dam is to be lowered slightly before above average summer rainfall hits the area…
14 November 2011
Federal MP Warren Entsch is spearheading a drive in Far North Queensland to review insurers’ body corporate practices…