07 June 2021
Another opportunity will be held this month for policyholders in Queensland affected by the Halloween hailstorm to meet with their cover providers as insurers face criticism over a lack of communication and resourcing seven months after the event...
07 June 2021
The Insurance Brokers Code Compliance Committee has recommended more training on premium funding and a focus on measures to assist clients in financial difficulty as the COVID-19 pandemic continues and some clients face natural disaster impacts...
07 June 2021
The number of vehicles stolen across the country declined 24% to 45,702 in the 12 months to March from a year earlier, its lowest level since January 2000, new figures from the National Motor Vehicle Theft Reduction Council show...
07 June 2021
US insurer Liberty Mutual has declined to comment on whether it still intends to go ahead with the Baralaba South mining project in Queensland...
07 June 2021
New Zealand’s Earthquake Commission has arranged nearly NZ$7 billion in natural hazard reinsurance cover for the 2021/22 financial year, the largest program ever secured...
07 June 2021
About 73% of Australians are exposing their homes to unnecessary fire danger with habits such as charging mobile phones in beds and leaving cooking unattended, new research from QBE has found...
31 May 2021
The general insurance industry returned to profitability in the March quarter, achieving a $19 million net profit after a $622 million loss in the preceding three months to December, according to the prudential regulator...
31 May 2021
Victorian hospitality enterprises hit by last year’s lockdown have launched court actions through legal firm Gadens over denied business interruption claims...
31 May 2021
Bushfire potential is above normal in the NT this dry season while more usual conditions are expected across the remainder of northern Australia...
31 May 2021
Australia and New Zealand have taken diverging paths in the annual FM Global Resilience Index, while countries in Europe continue to hold the top places...
31 May 2021
New Zealand insurers stand ready to help customers affected by a one-in-100-year flood in the Canterbury region, as thousands of homes face risk of inundation...
31 May 2021
Scientists studying how long it might take to evacuate people from Auckland ahead of a future eruption of the areas volcanic field have found it could take around two days in one possible scenario...
24 May 2021
A consultation paper, produced by former insurance executive and regulator John Trowbridge in collaboration with economist Michael Blythe, has outlined 16 options for consideration...
24 May 2021
Insureds should make early preparations for renewals and highlight actions taken to improve resilience following a year impacted by the COVID-19 pandemic, Willis Towers Watson says...
24 May 2021
The Insurance Council of Australia says it aims to collect “a more comprehensive range” of vehicle theft data after cutting its funding for the National Motor Vehicle Theft Reduction Council...
24 May 2021
Allianz says the Australian general insurance market has held up well, shrugging off the pandemic disruption to record a 0.8% growth in premium to €28 billion last year...
24 May 2021
Insurers have raised premiums for home and motor policies since the pandemic broke out in March last year but the move has not sparked an exodus of customers, according to DBM Consultants...
17 May 2021
Submissions to a parliamentary inquiry into the prudential regulation of investment in Australia’s resources sector and other export-led industries have turned up the heat on insurers, whose climate policies have come under criticism from the fossil fuels industry...
17 May 2021
Northern Australia insurance buyers have formed a lobby group to ensure the consumer voice is heard as Federal Budget commitments on a reinsurance pool and resilience measures are delivered...
17 May 2021
A plague of mice continues to cause misery across many regional NSW and Queensland communities, but damage to crops and homes is unlikely to be covered by insurance...