27 April 2020
The Australian insurance industry is unlikely to rebound quickly from the impact of the coronavirus outbreak, London-based analytics company GlobalData says, amid warnings the local economy may experience its deepest slump since the Great Depression in the first half...
27 April 2020
RACQ Insurance has received 882 claims for home and vehicle damage after a wild storm saw golf-ball sized hail hit Rockhampton and parts of central Queensland on April 19...
27 April 2020
Sydney-based risk modeller Risk Frontiers wants government, research and industry stakeholders to collaborate in a “research and innovation blueprint” outlining how technologies will enhance firefighting in both the near term and with “the next generation of capability”...
27 April 2020
The National Motor Vehicle Theft Reduction Council is urging education for Australian drivers that highlights how simple measures like storing keys away from windows and doors can greatly reduce the risk of car theft...
20 April 2020
The COVID-19 outbreak will speed up the digital transformation of Australia’s general insurance industry, according to DXC Technology...
20 April 2020
Casino operator The Star Entertainment Group is working through the process for a business interruption claim, amid expectations that most enterprises won’t be able to gain cover for disruptions caused by the coronavirus...
20 April 2020
COVID-19 infection rates are significantly more widespread in Australia than has been reported, with as many as 20,000 carriers of the disease, modelling by the Actuaries Institute shows...
20 April 2020
No more insurers have joined the regulator-approved scheme to support customers through the coronavirus crisis, but several have unveiled their own initiatives...
20 April 2020
More insurers and brokers have stopped offering rent default cover in new residential landlord policies or reduced the scope of coverage for renewals in response to the coronavirus outbreak, prompting a request for "clarity" from the real estate industry...
20 April 2020
Swiss Re says Australian catastrophe data and urban development patterns show the insurance industry and governments must take action as climate change amplifies exposures from "economic accumulation"...
20 April 2020
The Insurance Council of Australia has warned on the importance of fire safety checks after reports of building inspection access being denied due to social distancing concerns...
20 April 2020
US commercial property insurer FM Global has published a guide to help clients in Australia protect their idled facilities during this coronavirus outbreak...
20 April 2020
New Zealand insurers remain focused on supporting customers facing financial hardships caused by the coronavirus outbreak, according to the Insurance Council of New Zealand...
20 April 2020
Mandatory professional indemnity insurance "remains necessary" for surveyors and other building industry professionals, the Insurance Council of Australia says, rejecting a suggestion that it should be removed...
20 April 2020
New Zealand’s Earthquake Commission has started processing a small number of claims from an April 9 earthquake on the southern outskirts of Canterbury, though none of the reported damage presents an immediate risk...
06 April 2020
Insurer measures to support virus-affected SME clients by deferring premium payments are "well-intentioned" but not the best solution, AUB Group CEO and MD Mike Emmett says...
06 April 2020
Suncorp, QBE and Allianz have outlined assistance measures for small businesses, following action by IAG, after receiving regulatory approval that also clears the way for other insurers and brokers to provide similar support for customers during the coronavirus outbreak...
06 April 2020
Travel insurance customers have lodged almost 15,000 claims related to the COVID-19 outbreak, but the Insurance Council of Australia (ICA) warns many will not be paid due to pandemic and "known event" exclusions...
06 April 2020
Some regions, including parts of WA, face above-normal fire potential this autumn, according to the latest seasonal report from the Bushfire and Natural Hazards Co-operative Research Centre...
06 April 2020
An east coast low which hit Queensland and NSW in February caused property losses of $794 million, catastrophe data company Perils says.