01 June 2020
Federal Government changes to listed company continuous disclosure rules and increased regulation of litigation funders are a positive for the directors’ and officers’ insurance market, Aon Australia says...
01 June 2020
The Insurance Council of Australia says almost half the claims from summer bushfire, hail and storm catastrophes have been closed, as estimated losses from the events continue to rise...
01 June 2020
New Zealand’s extreme weather insured losses reached $NZ167.6 million last year, with the bulk of payouts stemming from a hailstorm which lasted just minutes but was the costliest weather event in 15 years...
25 May 2020
The COVID-19 outbreak is likely to create significant change, including the birth of "insurance by subscription", Finity Consultants Director Graeme Adams says...
25 May 2020
Swiss Re is actively engaged in discussing possible joint public-private arrangements for covering business interruption risks, the group’s Chief Economist Jerome Haegeli says...
25 May 2020
More than half of insurance and financial firms polled in a national SME outlook survey say the coronavirus outbreak has affected their businesses, and 42% are worried about the next 12 months...
25 May 2020
Incoming Insurance Council of Australia CEO Andrew Hall puts climate change high on his list of priorities, while the man he’s replacing admits he wishes he could have done more...
25 May 2020
New Zealand’s Earthquake Commission said today about 60 claims have been lodged by homeowners hours after a 5.8-magnitude quake struck near the town of Levin, 50km north of Wellington...
25 May 2020
A "Medicare-style" system to price risk in bushfire-prone areas is not the answer to the premium affordability problem facing property owners, according to the Insurance Council of Australia...
25 May 2020
Insurance claims are being lodged in WA today as the remains of an unusual out-of-season cyclone continue to bring strong winds and rain to the state...
25 May 2020
The former Director and MD of Perth authorised representative company Winley Insurance Group has criticised the authorities for failing to track down the perpetrators of an $8.69 million fraud which led to the company’s collapse in 2016...
25 May 2020
Driver inattention or distraction caused 39% of major truck incidents last year, up from 29.6% in 2017, according to the latest study from NTI’s National Truck Accident Research Centre...
25 May 2020
Fitch Ratings has published a review of its ratings on insurers in Australia and New Zealand in the light of the impact of the coronavirus pandemic...
25 May 2020
The Mansfield Awards – the industry’s premier claims awards – will be sponsored by Steadfast for the fourth year running...
25 May 2020
S&P revised Australia's mortgage insurance sector industry risk from low to "moderately high" and says profitability will be pressured by worsening economic conditions...
25 May 2020
Australia has been ranked 17th in the 20 countries best placed for economic recovery after COVID-19, sitting five spots above Singapore...
25 May 2020
NSW state insurer icare has prepared a guide to help employers plan for a safe return to the workplace as social distancing measures are eased in the state...
25 May 2020
The Australian Financial Complaints Authority has improved its resources to help people from culturally and linguistically diverse communities better understand how and when to make a complaint...
18 May 2020
Court action is looming over outdated pandemic exclusions contained within Australian business insurance policies...
18 May 2020
Gallagher has warned that rising insurance risks as offices reopen include employees contracting COVID-19 and stresses to staff caused by employers’ poor or ineffective management of the crisis...