04 July 2011
The Federal Government is expected to reveal its standard flood definition “very soon” following industry agreement on a definition, the Insurance Council of Australia has told…
04 July 2011
Competition is keeping a lid on premium rises during the June 30 renewals period, according to brokers…
04 July 2011
Reinsurance rates in the Australia-New Zealand market increased between 20-100% in the June renewals, according to a report by risk and reinsurance specialist Guy Carpenter…
04 July 2011
Moreton Bay Regional Council is considering introducing a buyback scheme for properties that regularly flood…
04 July 2011
Insurance claims from the NSW mid-north coast floods have fuelled more complaints about flood definitions…
04 July 2011
Australian insurers with overseas operations achieved a total of $18 billion of sales during the 12 months ending June 2010…
04 July 2011
Perth residents must take shared responsibility for bushfire risk management, according to an investigation into the fires that swept through the state’s eastern suburbs in February…
04 July 2011
CSIRO will apply its cutting-edge 3D extreme events simulation flood modelling research to coastal areas of Queensland to assess the impact of growing sea level rises…
04 July 2011
New Zealand’s Earthquake Commission and insurers could face some judicial pain ahead as unrest mounts over unpaid claims for repair and reconstruction work in Christchurch…
27 June 2011
Airlines affected by the volcanic ash cloud across Australia and New Zealand from Chile’s Puyehue Cordon Caulle volcano are unlikely to have business interruption policies in place to cover the event…
27 June 2011
The estimated cost to insurers of Cyclone Yasi has topped $1 billion, according to figures published by the Insurance Council of Australia on Friday…
27 June 2011
New Zealand’s principal local government insurer has told its clients it cannot provide property cover after June 30 because it has failed to obtain reinsurance…
27 June 2011
New Zealand insurers say a Government decision to offer a buyback option for 5100 residents in the worst affected areas of Christchurch will “provide clarity for customers”…
27 June 2011
The federal parliamentary inquiry into the insurance response to natural disasters will hold public hearings in Queensland, NSW, rural Victoria and WA as well as Canberra and Sydney later this year…
27 June 2011
The CSIRO believes its cutting-edge dam modelling research could outstrip current flood-mapping technology, and is in discussions with insurers and government officials to bring it…
27 June 2011
The NZ Earthquake Commission has confirmed it is on track to complete assessments of all major damage to Christchurch properties by mid-July…
27 June 2011
The controversial proposal to make flood cover mandatory will come under the microscope next month as the Natural Disaster Insurance Review panel takes part in two information…
27 June 2011
Whistleblowers, technology and zero tolerance are the keys to combating fraud, according to Zurich General Insurance Fraud Manager Asia-Pacific Adam Plummer…
20 June 2011
Widespread rate increases have not occurred in the SME market, according to a new report by Aon…
20 June 2011
The extension for public submissions addressing insurance matters to be made to the Queensland Floods Commission of Inquiry has passed, with all submissions due by June 15…