25 July 2011
Insurers and the Insurance Council of Australia contend that any plan to provide insurance assistance to houses at high risk of flooding should not be extended to small businesses facing flood risks…
25 July 2011
Both the Insurance Council of Australia and IAG have set out plans to increase the level of flood awareness in the community…
25 July 2011
Lloyd’s Chairman Lord Levene has called for rates to rise to sustain the insurance industry in light of the recent number of natural catastrophes…
25 July 2011
Macquarie Relationship Banking has launched its Insurance Broking Benchmarking Survey, which will identify industry trends and provide comparisons…
25 July 2011
Queensland motorist are facing an “unprecedented” number of profit-motivated thefts, according to the National Motor Vehicle Theft Reduction Council…
25 July 2011
Vero NZ South Island Branch Manager Bryan Noonan has reportedly told local business owners reinsurers have “just about had enough” of Canterbury…
18 July 2011
Australia’s two largest personal lines insurers have announced significant widening of their flood cover offerings as the industry moves to counter the Natural Disaster Insurance Review’s push for…
18 July 2011
Wesfarmers Insurance says that the current government review into flood insurance has failed to address rural and regional issues…
18 July 2011
A leading economist has called for “rational thinking” in the debate over flood insurance and the proposal to offer discounted rates for high-risk areas…
18 July 2011
The potential for more flooding in Victoria cannot be ignored, with dams at or near capacity providing limited flood mitigation capacity, a report into the state’s summer flood disaster has warned…
18 July 2011
The New Zealand insurance market is going through a “fundamental and significant shift” to permanently higher premiums, according to Lumley NZ CEO John Lyon…
18 July 2011
Canterbury brokers surveyed on insurers’ response to the Christchurch earthquakes have ranked NZI, QBE and Lumley as the best-performing companies…
18 July 2011
The Canterbury Earthquake Recovery Authority has called for community input into developing its earthquake recovery strategy…
18 July 2011
The insurance industry needs to move with the times and offer cross-transactional options to customers to cater for the shift from a buyers’ to a sellers’ market, according to a new survey…
11 July 2011
The Insurance Council of Australia will propose a premium rebate scheme exclusively for properties at high risk of flood when it submits its response to the Natural Disaster Insurance Review…
11 July 2011
The Queensland Floods Commission of Inquiry has announced a second round of public hearings, which will focus on the insurance industry’s response to the disaster as well as planning issues…
11 July 2011
Chartis has stopped selling travel insurance on behalf of grounded Tiger Airways…
11 July 2011
General insurance premiums in Australia and New Zealand rose by 2% to $US42 billion ($39 billion) in 2010, according to a new report by Swiss Re…
11 July 2011
Directors’ and officers’ insurers have been advised to look carefully at the recent court case judgement against former directors of the failed Centro property group…
11 July 2011
New Zealand’s Earthquake Commission expects it has received all claims for the most severe damage from the Christchurch earthquakes after paying out over $NZ1 billion ($778 million) since…