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…
02 July 2018
Aon has warned property sellers, developers and construction companies to do due diligence on properties to ensure they haven’t been contaminated by per-and poly-fluoroalkyl substances, known as PFAS chemicals…
02 July 2018
Fewer vehicles were stolen nationally in the year to March as Victoria, which at one time accounted for one-third of thefts, recorded a sharp decline…
02 July 2018
Australia’s transition to an electronic system of exchanging property may leave the door open for cyber criminals, Gallagher says…
25 June 2018
Suncorp and Youi are on the back foot as the Hayne royal commission, which resumes today in Brisbane, examines their conduct around natural disaster insurance…
25 June 2018
Consumer safeguards around add-on insurance should be strengthened by extending the industry’s code of practice to all sellers of such products, a governance committee report says…
25 June 2018
The Bureau of Meteorology has activated its El Nino watch, with the likelihood of such a system developing increasing to 50% – double the normal chance…
25 June 2018
New Zealand’s insurance losses have climbed to $NZ203.9 million this year following the addition of preliminary estimates for April storms and final figures for cyclones that lashed the country in February…
25 June 2018
Insurtechs in New Zealand are being tipped to grow as technology advances…
25 June 2018
Australian companies with business in the European Union must comply with data protection laws that took effect there last month, broker Gallagher says…
25 June 2018
Lava flow research shows Auckland’s water pipes and power cables are probably buried deep enough to survive a short volcanic eruption, but more work is needed to assess the impact of a larger event…
25 June 2018
House fire claims rise when the mercury plummets, according to new research from Suncorp…
18 June 2018
Sydney-based Bannister Law is investigating a potential class action against seven general insurance companies providing add-on insurance through car dealers…
18 June 2018
Cyber crime and labour shortages are among the top five emerging risks for the Australian maritime industry, according to Gallagher…
18 June 2018
The industry has been alerted to a Federal Government move to remove loss adjusting from its short-term list of occupations for temporary skilled work visas…