26 September 2011
Insurance Council of Australia representatives are about to embark on a series of roadshows around the country to update insurers and loss specialists about the risks posed by the upcoming bushfire…
26 September 2011
The Insurance Council of Australia is working to rebuild “brand insurance” after the reputation of the industry suffered a substantial hit during last summer’s natural disasters, CEO Rob Whelan says…
26 September 2011
The Queensland floods inquiry has heard that while some claimants have been left waiting for dispute resolution services for up to three months, insurers are not obliged to meet the standards…
26 September 2011
Crop insurers are facing a couple of nervous months hoping for rains to rescue the winter crop, says Peter Book, Underwriting Manager at agricultural specialist Primacy Underwriting Agency…
26 September 2011
A political scrap has broken out in New Zealand between the Government and insurance industry over the prospects for long-term reinsurance…
26 September 2011
The Insurance Council of Australia has denied claims NSW insurers are pocketing “super-profits” from compulsory third party insurance premiums…
26 September 2011
Most actuaries think Australian companies perform well in the area of enterprise risk management, but only half take it really seriously, a survey has revealed…
19 September 2011
General insurance brokers don’t want “the ills of the financial planning industry foisted unjustly” on them, according to National Insurance Brokers President David Duffield…
19 September 2011
The general insurance market remains resilient despite the natural disasters over the past year and can expect moderate growth in the coming 12 months…
19 September 2011
QBE has won the National Insurance Brokers Association General Insurer of the Year award for the 10th consecutive year…
19 September 2011
Businesses are not acknowledging the real risks in their operations and as a result are ill-prepared to deal with them, Aon Global Risk Consulting CEO Stephen Cross says…
19 September 2011
New Zealanders will have to pay more for reinsurance cover and the Government cannot give them any indication as to when the market will ease, Earthquake Recovery Minister Gerry Brownlee has…
19 September 2011
A Treasury-backed submission to the Natural Disaster Insurance Review has called on the panel to recommend automatic flood cover as the preferred option for increasing overall coverage…
19 September 2011
The Insurance Council of Australia has welcomed the Queensland Government’s new flood-mapping initiative following months of talks about floodplain vulnerabilities…
19 September 2011
Like the two-tier economy, Australia is also seeing a two-tier pricing model, Aon Chief Placement Officer Bob Mann says…
19 September 2011
NZI EGM Karl Armstrong says some companies did enact cover after the September 2010 event, but most commercial claims relate to the February 22 earthquake…
19 September 2011
A consortium of European insurance companies has agreed to pay out $NZ80 million ($64.32 million) to the receivers of the Pike River Coal company…
19 September 2011
Australian governments spend 220 times more money on recovery and rebuilding after floods than they do on mitigation, according to IAG CEO Mike Wilkins…
19 September 2011
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12 September 2011
Insurers are seeking further information on the extent of land damage in the Canterbury area and warning that green zone land may not yet be suitable for property repairs…