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…
14 November 2011
IAG’s operations in Thailand have so far received around 1500 claims resulting from the country’s floods, with more Australian insurers expected to be affected as the regional business impacts…
07 November 2011
The Queensland Government has bought $53.6 billion of reinsurance cover for the state’s property assets, but has been unable to get cover for roads…
07 November 2011
The Insurance Brokers Association of New Zealand has made a special award to NZI’s claims team for an outstanding performance in response to the Canterbury earthquakes…
07 November 2011
The Insurance Council of Australia has been given a seat at the table of Assistant Treasurer Bill Shorten’s new National Injury Insurance Scheme (NIIS) advisory group…
07 November 2011
Queensland University of Technology has received a Federal Government grant of $188,000 to study the use of social media in times of crisis, ensuring the lessons learned in last summer’s natural…
07 November 2011
Mining companies using fracking technologies aren’t covered under their existing public liability policies, according to an environmental insurance expert…
31 October 2011
A new report commissioned by Suncorp reveals the insurer will stimulate the Queensland economy to the tune of $1.2 billion over a 10-year period through restoration and recovery work…
31 October 2011
The decision by consumer advocate Choice to include the insurance industry in its 2011 Shonky Awards was irresponsible, Insurance Council of Australia CEO Rob Whelan says…
31 October 2011
Travel insurers are not expecting a dramatic rise in claims from the grounding of the entire Qantas fleet at the weekend…
31 October 2011
Insurance think tank the Geneva Association says although the global death toll from fires is trending down, fire safety is often taken for granted in building developments…
31 October 2011
The New Zealand Treasury has upgraded the cost of the Canterbury earthquakes from $NZ15 billion ($11.5 billion) to $NZ20 billion ($15 billion)…
31 October 2011
Insurers and business are waiting to hear the cause of damage to the country’s largest gas pipeline to see if business interruption clauses are triggered…
31 October 2011
The UK Government has launched a competition to encourage Australian and New Zealand businesses to invest in its ailing economy…
24 October 2011
Queensland households have seen the highest increase in insurance premiums this year, according to Canstar Cannex’s annual rating of home and contents policies…