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El Nino impacts loom large despite wet weather

12 October 2026

Australia’s so-far unusually wet El Nino year may still give way to more typical hot, dry conditions, with a potential 50% increase in bushfire risk as the climate pattern strengthens, Moody’s warns...

Thousands of NZ homes ‘uninsurable by mid-century’

12 October 2026

New Zealand’s insurance and financial services are under rising pressure from repeated extreme weather events, while homes, businesses and essential infrastructure are increasingly exposed to climate hazards, a government report warns...

Insurers visit hail-hit community

12 October 2026

People in Clifton and nearby areas of southeast Queensland affected by a severe hailstorm last November can speak to their insurers at an event hosted by the industry peak body...

Ombudsman shares findings on systemic issues

12 October 2026

The Australian Financial Complaints Authority says its work on systemic issues in general insurance continues to highlight gaps in claims handling and assessment processes...

ICA, ICNZ join four-nation peak body alliance

07 October 2026

Insurance peak groups from Australia, New Zealand, the UK and Canada have formed an alliance to tackle issues including climate challenges, a growing protection gap and emerging risks...

Near-record El Nino set to intensify

05 October 2026

The near-record El Nino underway in the Pacific is expected to intensify during spring while an Indian Ocean climate indicator is also moving towards levels associated with drier weather in parts of Australia...

El Nino outcomes 'uncertain'

05 October 2026

Australia is facing a hotter spring and high bushfire potential in several regions as an unusually strong El Niño takes hold – but insurers should not assume the event will produce a nationwide drought or lower catastrophe losses, according to UK insurtech BirdsEyeView...