06 December 2010
Queensland personal lines premiums haven’t risen because of the Bureau of Meteorology’s forecast of increased cyclone risk this summer, according to Council of Queensland Insurance Brokers…
06 December 2010
Insurance claims from New Zealand’s Christchurch earthquake could take years to be finalised, with recovery efforts not expected to be finished until August 2013…
06 December 2010
The global insurance industry faces a tough year ahead, but insurers will see stronger returns from 2012, a senior Swiss Re economist says…
06 December 2010
Aon has revealed the cost of repairing the Qantas A380 which had an engine failure near Singapore last month will be about $US70 million ($71.7 million)…
06 December 2010
The Insurance Council of New Zealand says claims that residents of the southern city of Dunedin may not be able to obtain property cover because areas of the city are prone to liquefaction…
06 December 2010
Landlords in New Zealand have been warned to be vigilant in checking potential tenants following a 50% jump in claims for damage caused by illegal drug labs…
29 November 2010
The major natural and man-made events of the past decade have turned the insurance market away from being cyclical, according to Marsh Executive Director Scott Leney…
29 November 2010
Pike River Coal has confirmed to the NZ Stock Exchange it has $NZ100 million ($77.6 million) of material damage and business interruption insurance…
29 November 2010
The Institute of Actuaries of Australia has called for more of its members to be included on the boards and risk management teams of insurance companies…
29 November 2010
New Zealand’s Earthquake Commission is facing growing unrest from Christchurch homeowners waiting for their homes to be fixed…
29 November 2010
Insurers are reaching a point where some risks are falling outside the “boundaries of insurability”, according to Zurich Australia Head of Global Corporate Kai Dwyer…
29 November 2010
The WA Department of Agriculture and Food has joined the push for the development of crop insurance to cover seasonal risk…
29 November 2010
Injured WA workers are generally satisfied with the service they received from insurers, a new WorkCover WA survey has found…
22 November 2010
The home insurance market is expected to return to profitability next year – as long as there are no large weather-related catastrophes…
22 November 2010
The Commonwealth Bank’s CommInsure business provides the best value in home and contents insurance, according to Canstar Cannex in a performance measurement that places Australia’s banks…
22 November 2010
As Queenslanders face above-average cyclonic conditions this summer, local media reports are suggesting premiums may have to rise to meet the potential damage claims…
22 November 2010
Work on rebuilding damaged properties in Christchurch after the September earthquake is slowly starting to happen, but there are still a large number of claims to be assessed…
15 November 2010
The commercial insurance market remains soft for now, but insurers’ behaviour in recent renewals is not typical of previous soft markets, according to major broker Marsh…
15 November 2010
Lloyd’s General Representative in Australia Adrian Humphreys will join the board of the Underwriting Agencies Council as a non-voting associate director…
15 November 2010
Most policyholders in a new survey by consumer organisation Choice have expressed satisfaction with their home and contents policies…