19 August 2019
Anecdotal evidence suggests that insurers are reducing their capacity and availability for defamation cover amid an “explosion” in lawsuit damages, Victorian barrister David Gilbertson QC says...
19 August 2019
The New Zealand High Court has ruled that Southern Response engaged in misleading and deceptive conduct in its handling of a Canterbury quake claim...
12 August 2019
Premium price gains in the Pacific region, including Australia and New Zealand, tripled the pace of global increases in the second quarter, a Marsh report shows...
12 August 2019
Restoration company Steamatics CEO Oliver Threlfall says insurance industry costs are being increased by the way less reputable repairers are responding to internal water damage...
12 August 2019
A joint submission to the Australian Securities and Investments Commission has included a range of insurance products the corporate regulator could target with its new product intervention powers...
12 August 2019
NIBA’s annual Broker Market Survey is now live and brokers have received their own unique link with instructions on how to complete the survey...
12 August 2019
The number of merger and acquisition deals in Australia and New Zealand using warranty and indemnity insurance jumped 37% last year compared to 2017, Aon says...
12 August 2019
More than 400,000 Australians have been notified they may be eligible for a class action accusing National Australia Bank of selling “junk” consumer credit insurance...
12 August 2019
Swiss Re’s local head Mark Senkevics has called for a “coherent government policy” on climate change, warning that Australia is uniquely exposed...
12 August 2019
New Zealand’s Earthquake Commission, EQC, is adopting locally developed risk-modelling software that helps users assess risks to buildings, infrastructure and people from natural hazards such as earthquakes, tsunamis and floods...
05 August 2019
The Insurance Council of Australia has criticised the inquiry into northern Australia’s insurance affordability problem – saying it’s revisiting “flawed ideas” and failing to tackle the underlying issues...
05 August 2019
A flood study commissioned by the NSW Government providing the most up–to-date information on river flooding will help insurers fine-tune their pricing and may lead to lower premiums, the Insurance Council of Australia says...
05 August 2019
Tackling new developments in car insurance fraud and increasing cases of staged collisions using written-off cars are some of the priorities of the National Motor Vehicle Theft Reduction Council for the next 12 months...
05 August 2019
The start of the official NSW bushfire danger period has been brought forward by two months, starting now in much of the state even though it is still winter...
05 August 2019
Insurance claims for bad business debts have hit record levels, trade credit insurance broker NCI says...
05 August 2019
Ratings agency S&P has placed a negative credit watch on 65 different classes of residential mortgage-backed securities (RMBS), following its decision to lower its ratings on two local lenders’ mortgage insurance heavyweights...
29 July 2019
Allianz Australia has hailed the work of its claims staff after winning the Gold Mansfield Award for excellence in claims-handling for the second year in a row.
29 July 2019
Motor loss assessing firm AAMC says it is boosting its cyber security after an unauthorised breach affected part of its systems...
29 July 2019
The Federal Government has been urged to adopt the UK approach and fund the rectification of unsafe cladding on buildings...
29 July 2019
The potential entry of newcomers in the SME business pack product line could upend the market dominance of IAG, Suncorp and QBE, a Macquarie Research report predicts...