28 September 2020
Chubb and other insurers have filed a concise statement to the Federal Court outlining the reasons why The Star Entertainment Group’s claim for business interruption losses was denied...
28 September 2020
Businesses must not put off risk management processes to save cash during the COVID-19 pandemic, insurer FM Global warns...
28 September 2020
The coronavirus pandemic and associated restrictions have led to a significant decline in vehicle theft...
28 September 2020
A government-back insurance solution for pandemic risk would have merit for a number of reasons, Finity says in a report for the Insurance Council of Australia...
28 September 2020
The Australian Financial Complaints Authority received 15,665 disputes involving general insurers in the last financial year, second only to banks who had 28,176 cases filed against them...
28 September 2020
The escalating risk from natural hazards anticipated for years in Australia is now manifest and is outstripping the nation’s preparedness to manage the fallout, a Royal Commission hearing was told last week...
21 September 2020
Herbert Smith Freehills, which represented the Financial Conduct Authority in the UK business interruption test case, says there are implications from the decision for the Australian market...
21 September 2020
Industry stakeholders in New Zealand have warned of a likely increase in fraudulent insurance claims as the coronavirus recession drags on...
21 September 2020
The Actuaries Institute believes some COVID-19 deaths from the first wave of the pandemic may not have been accounted for because testing for the virus was not widespread at that time...
21 September 2020
Insurers have applauded the Minderoo Foundation’s newly released blueprint for lifting Australia to be the global leader in fire and flood resilience by 2025...
21 September 2020
Forecasts in the UK for slower growth in the pet insurance market have not been detected locally, according to Hollard-owned insurer Petsure...
14 September 2020
Accenture has urged insurers to avoid making sweeping cost-cutting measures as a way of out the recession...
14 September 2020
The Insurance Council of Australia says a project is underway to cut insurance fraud, which adds “significant amounts” to claims costs...
14 September 2020
The Federal Court has adjourned to September 25 the first case management hearing into a business interruption lawsuit launched by The Star Entertainment Group against Chubb and other insurers...
14 September 2020
Australia’s motor vehicle theft rate rose 2% last financial year despite a large decline in April, May and June during COVID-19 related social and travel restrictions...
14 September 2020
Warming oceans off eastern Australia will see tropical cyclones retain higher intensities further south and penetrate further inland, increasing risks in south-east Queensland and north-east NSW, research from IAG says...
14 September 2020
Insurance claim payments for New Zealand’s July floods in Northland have reached $NZ37 million, surpassing losses from severe weather that hit the country’s south earlier this year...
14 September 2020
New Zealand’s Earthquake Commission is funding research into liquefaction of soils after the Kaikoura earthquake showed the phenomena could have more widespread impacts than previously thought...
07 September 2020
The Insurance Council of Australia business interruption test case will go straight to the NSW Court of Appeal following a joint motion by legal counsels on Friday...
07 September 2020
The Federal Court will tomorrow hold its first case management hearing into a business interruption lawsuit launched by The Star Entertainment Group against Chubb and other insurers...