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Weather patterns point to greater drought risk

20 August 2018

Indian Ocean temperature patterns may worsen any southern Australian rainfall shortages caused by an El Nino climate event this year…

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NSW battles winter bushfires

20 August 2018

NSW firefighters have been tackling about 80 bushfires across the drought-afflicted state, and experts warn there could be worse to come…

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Aon urged to drop NZ fee impasse

20 August 2018

Aon New Zealand continues to sit outside the broking industry’s peak body, the Insurance Brokers Association of New Zealand, in a long-running dispute over a membership fee increase…

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Hayne commission highlights trust challenge: PwC

20 August 2018

Insurers have been urged to improve culture and conduct as the Hayne royal commission continues to expose bad behaviour in the financial services sector…

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Hobart storm claims hit $100 million

20 August 2018

Insured losses from devastating storms and floods in parts of Hobart and the southern suburb of Kingston three months ago have reached almost $100 million, and the Insurance Council of Australia says more than half the household claims have already been closed…

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ICNZ warns on D&O coverage gap

20 August 2018

Almost 25% of directors in New Zealand lack directors’ and officers’ coverage as part of their remuneration packages, and insurers say premium costs are not to blame…

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Poorest people ‘pay most for cover’

20 August 2018

Low-income New Zealanders are penalised with higher premiums because of where they live and their tendency to pay for insurance on a monthly basis, consumer advocates say…

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NZ fire safety failings sound alarm bells

20 August 2018

The Insurance Council of New Zealand fears too many commercial buildings fall short of fire safety standards, putting lives and property at risk…

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Modellers unlock secret of volcanic ash fall

20 August 2018

Research funded by New Zealand’s Earthquake Commission has produced a way of calculating where volcanic ash is most likely to fall, and its thickness…

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In Insurance News (the magazine) this month

20 August 2018

AIG is a global giant, but it’s a lot leaner and nimble than it once was. Leading the drive to transform the American group’s 75 international operations is former Australian CEO Chris Townsend. If you want to know what’s going on in the wider insurance world, don’t miss our interview in Insurance News this month…

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