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ICA set for talks on guaranteeing lowered premiums

11 November 2019

The Insurance Council of Australia will meet federal ministers this week to discuss the possibility of signing agreements that guarantee premium reductions if certain mitigation measures are carried out...

RACQ launches CTP reform campaign

11 November 2019

Queensland motoring body RACQ has organised a campaign to improve the state’s at-fault compulsory third party scheme...

Wellington taskforce calls for earthquake rethink

11 November 2019

Wellington needs to rethink its strategy for protecting against earthquakes as insurers reassess their approach as the dangers become better understood, a Mayor’s Insurance Taskforce report says...

NZ insurers' profits surge 30%

11 November 2019

New Zealand insurance company profits jumped 30% to $NZ2.08 billion in the past financial year, driven by gross written premium growth and positive claims experience...

Bad debt insurance claims hit record high

11 November 2019

Insurance claims by businesses to cover bad debt hit a record high of nearly $50 million during the third quarter of the year, according to the NCI Trade Credit Risk Index...

Cyclone, flood forecasts up the ante on mitigation

04 November 2019

IAG has warned that tropical cyclones will move further south due to climate change, affecting densely populated areas of the eastern Australian coastline and raising the importance of mitigation action...

ICA board approves new code

04 November 2019

The Insurance Council of Australia board has approved its new General Insurance Code of Practice after an extensive review...