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Insurers, banks set for parliamentary committee scrutiny

26 July 2021

The Federal Parliament Trade and Investment Growth Committee has called for insurance and banking representatives to appear at a hearing tomorrow as it continues an inquiry into the prudential regulation of investment in Australia’s export industries...

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Wet spring chances rise as Indian Ocean driver confirmed

26 July 2021

The Bureau of Meteorology has confirmed that a negative Indian Ocean Dipole (IOD) is underway, increasing the likelihood of above average winter-spring rainfall for much of southern and eastern Australia...

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PI reserve strengthening trend aligns with class actions rise: APRA data

26 July 2021

The Australian Prudential Regulation Authority has released its 2020 financial year general insurance claims data...

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ICA says urgent repairs allowed during Sydney lockdown

26 July 2021

Emergency make-safe works and other critical building repairs are allowed to proceed in the current lockdown in Sydney, the Insurance Council of Australia says...

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Canterbury floods trigger more than 3500 claims

26 July 2021

Insurance customers in New Zealand’s Canterbury region have so far lodged 3538 claims worth $NZ43.8 million following floods during May 29-June 1, the Insurance Council of New Zealand says...

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Corrections:

26 July 2021

Early versions of two articles in last Monday’s insuranceNEWS.com.au bulletin contained inaccuracies...

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Lockdown support measures available for affected customers: insurers

26 July 2021

A range of support measures such as temporary premium relief plans is in place to support customers through the latest COVID lockdowns, major insurers say...

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