15 July 2019
The Australian Financial Complaints Authority received 7969 general insurance disputes in the six months after its launch last November, up 20% from a year earlier when the Financial Ombudsman Service oversaw external complaints...
15 July 2019
Rates in New Zealand are rising, fuelled by external factors including the professional indemnity crisis affecting Australia’s building industry, a Willis Towers Watson market update says...
15 July 2019
The next review of the National Construction Code in three years must include climate change provisions, according to the Australian Strategic Policy Institute...
08 July 2019
Commercial rates in Australia recorded double-digit rises last year, building on similar gains in 2017, according to Swiss Re’s latest Sigma report...
08 July 2019
Josie and Alvaro Gonzalez face jail terms of up to 20 years for cheating Dual Australia out of $17.4 million between March 2011 and May 2013...
08 July 2019
Reinsurance rates are stabilising at a higher level after years of natural catastrophe losses, according to a Willis Re report...
08 July 2019
The Insurance Council of New Zealand says a ruling by the country’s highest court of appeal over an earthquake damage dispute has affirmed long-held legal principles...
08 July 2019
Companies must go further than the prudential regulator’s new cyber-security standard if they are to protect their assets, Aon warns...
08 July 2019
The Insurance Council will convene one-on-one meetings between insurers or council representatives and policyholders and host a community forum for those affected by the Townsville floods...
01 July 2019
Compulsory third party motor vehicle cover produced an estimated ultimate loss ratio of 84.4% for the past accident year, the highest among the nine key business classes, according to the Australian Prudential Regulation Authority...
01 July 2019
Former Dual Australia manager Josie Gonzalez, who is accused of defrauding the underwriting agency, cannot be trusted, the County Court of Victoria heard today...
01 July 2019
The “royals” – personal lines mutual insurance companies run by motoring asssociations – occupy three of the top five spots in a Roy Morgan general insurance consumer satisfaction survey...
01 July 2019
A struggle between insurers and brokers is likely to erupt as product manufacturers try to wrest control of customer interactions from intermediaries, a report warns...
01 July 2019
Fitch Ratings warns Australian lenders’ mortgage insurance underwriting profits will remain under pressure this year due to challenges lifting top-line revenue and a softer housing market...
01 July 2019
The Insurance Council of Australia has called for immediate government action on the troubled building industry, warning insurers will find it increasingly tough to cover the sector...
01 July 2019
Brokers have only days left to cast their votes in this year’s Mansfield Awards for Claims Excellence, organised by Insurance News and claims services specialist LMI...
01 July 2019
A large area of Queensland, south of Rockhampton towards the NSW border, should expect above-average bushfire risk this summer, according to a northern Australia seasonal outlook...
01 July 2019
New Zealand’s Earthquake Commission from today provides increased building cover of up to $NZ150,000, under legislative changes approved earlier this year...
24 June 2019
An analysis of 212 building audits in three states has found more than half of high-rise blocks have at least one defect, prompting calls for an insurance overhaul to address the problem...
24 June 2019
Police examined thousands of documents after computers were taken from a Kew property following freezing and search orders, the trial of Josie and Alvaro Gonzalez heard today...