06 April 2020
Commitments to act transparently, with integrity and in utmost good faith have been made clearer in the revised Insurance Council of New Zealand code of practice that took effect on Wednesday...
30 March 2020
The Insurance Council of Australia is continuing to work with member companies on industry-wide initiatives to help customers through the COVID-19 crisis...
30 March 2020
The Insurance Council of New Zealand and its members have announced a set of "core principles" to support customers through the COVID-19 crisis...
30 March 2020
Claims, assessment and repair services are continuing but insurance customers should expect delays as the industry struggles under the dual weight of the COVID-19 pandemic and billions of dollars in claims from the summer catastrophes, the Insurance Council of Australia says...
30 March 2020
Major insurers in Australia have suspended indefinitely the sales of landlord insurance products, citing uncertainties from the coronavirus outbreak...
30 March 2020
Australian insurers have moved to implement new work arrangements in response to the social distancing measures that are now in place to curb the spread of the coronavirus outbreak...
30 March 2020
New Zealand has declared insurers are an essential service and can remain open for business even under tough Level 4 restrictions aimed at slowing the spread of the deadly COVID-19 coronavirus...
30 March 2020
Insurance intermediaries placed $13.4 billion of premium in the final half of last year, new data from the Australian Prudential Regulation Authority shows...
30 March 2020
Total losses from catastrophes since the start of the last bushfire season have raced past $4.5 billion, according to the latest Insurance Council of Australia figures...
30 March 2020
Social distancing requirements due to the coronavirus outbreak could provide greater opportunities for insurers to be involved in personal injury mediations, lawyer Michael Lombard says...
23 March 2020
National Insurance Brokers Association President Eric Harris has urged insurers and premium funders to "support communities" to ensure small businesses survive the coronavirus crisis...
23 March 2020
The next few months could be very challenging for insurance brokers amid widespread fears the coronavirus outbreak will further damage Australia’s already fragile economy...
23 March 2020
The worsening coronavirus outbreak in Australia will impact the insurance industry, actuarial firm Finity has warned...
23 March 2020
Total insured losses from this summer’s fire, hail and flood catastrophes have passed $3.5 billion, according to the latest Insurance Council of Australia figures...
23 March 2020
Claims losses from the bushfire catastrophe could dent industry profitability by 0.4 percentage points to 12.3% this financial year, research consultancy Ibisworld says in a report...
23 March 2020
Insurers should consider industry implications before "rolling the dice" and pursuing legal cases to determine particular points...
23 March 2020
The Australian Financial Complaints Authority has ruled Suncorp has no grounds to decline a claim for damage to a property caused by methamphetamine contamination...
23 March 2020
The NSW Civil and Administrative Tribunal has backed the release of a blood alcohol test result to be used in an insurance claim over a boating accident...
16 March 2020
The Insurance Council of Australia has declared the coronavirus pandemic a catastrophe, escalating the industry’s response to the worsening spread of the COVID-19 respiratory illness in the country...
16 March 2020
The slowing economy will pose fresh challenges to brokers as clients seek to reduce costs, the annual Vero SME insurance Index says...