Local
23 July 2018
Consumer group One Big Switch, an action group whose promotion of insurance discounts raised questions, has fallen foul of the Australian Competition and Consumer Commission for claims about electricity savings…
23 July 2018
New Zealand’s Earthquake Commission has settled 727 claims from storms and ex-cyclones that battered the country between January and last month…
23 July 2018
IAG and NAB are co-hosting a sustainable finance conference with the United Nations…
23 July 2018
Only 43% of New Zealanders believe the country’s response to climate change is on the right track, a poll commissioned by IAG shows…
16 July 2018
RMS has updated its earthquake and cyclone models for Australia…
16 July 2018
A review of this year’s fires in the NSW south-east coastal area of Bega Valley has recommended statewide changes to strengthen collaboration between different emergency agencies and departments…
16 July 2018
Macquarie Bank’s second diversity and inclusion survey is open from today, as Lloyd’s Dive In Festival was officially launched…
16 July 2018
Wild weather hit New Zealand’s North Island at the weekend, with flooding and road closures in Coromandel, Thames and Auckland…
16 July 2018
A few days after supermarkets pulled sliced mushroom packets off their shelves following a plastic contamination scare, a product liability insurer has warned that food companies suffer more than monetary losses during product recalls…
16 July 2018
International reinsurers have agreed to provide about $NZ5 billion of cover for New Zealand’s Earthquake Commission this financial year…
09 July 2018
The Hayne royal commission into financial services misconduct is adding to insurer caution in the embattled directors’ and officers’ market…
09 July 2018
Allianz Australia has revealed some of the secrets to its success after taking home the Gold Mansfield Award for excellence in claims-handling…
09 July 2018
Reinsurers in the Australian market are mostly taking a client-by-client approach as global mid-year renewals saw plentiful market capital slowing the momentum in reinsurance price rises for property-catastrophe accounts…
09 July 2018
Insurers need to start figuring out how to provide cover for autonomous vehicles, which are rapidly growing closer to becoming mainstream, according to a new report…
09 July 2018
Vehicle owners in the Northern Territory considering signing up as a ride-sharing driver should first check if their existing insurance policies cover such services, the Insurance Council of Australia says…
02 July 2018
The next version of the Insurance Council of Australia code of practice will make 30 recommendations to strengthen consumer protections and will for the first time seek Australian Securities and Investments Commission approval for the document…
02 July 2018
Some commercial segments in Australia’s insurance market will probably see some “further rate hardening” as the broader property and casualty industry enjoys moderate growth prospects, S&P Global Ratings says…
02 July 2018
Thousands of kilometres of cement water pipes that contain asbestos need replacing across Australia, posing potential risks to residents and workers…
02 July 2018
A new type of drone being tested in the US offers potential advantages for the insurance industry in Australia…
02 July 2018
Compulsory third party motor vehicle produced the worst loss ratio among nine key business lines last year, new claims data shows…