Pacific property rates decline 9% in quarter: Marsh
28 April 2025
Commercial property rates in the Australia-dominated Pacific region declined 9%, as a slide continued to gather pace, the latest Marsh Global Insurance Market Index shows...
28 April 2025
Commercial property rates in the Australia-dominated Pacific region declined 9%, as a slide continued to gather pace, the latest Marsh Global Insurance Market Index shows...
28 April 2025
Catastrophe data specialist Perils says Alfred is the largest cyclone loss event since Tracy hit Darwin in 1974, as insured losses pass $2.56 billion...
28 April 2025
The Insurance Council of Australia recorded an operating loss of $1.94 million last year as responses to reviews and late 2023 catastrophes added to expenses...
28 April 2025
The Insurance Council of Australia has outlined “immediate actions” the ACT government can take to help address rising insurance costs, particularly for small businesses and not-for-profit organisations...
28 April 2025
Catastrophe data specialist Perils has added severe convective storms in New Zealand, Japan and Europe to its industry exposure database...
28 April 2025
Cyclone Errol, which reached category 4 strength before Easter, crossed the WA Kimberley coastline as a tropical low in a sparsely populated region...
28 April 2025
An Insurance Council of New Zealand survey has revealed that 20% of residents switched insurers in the past two years...
28 April 2025
The Federal Chamber of Automotive Industries has delivered a list of recommendations as part of its response to the proposed review of the Motor Vehicle Insurance and Repair Industry Code of Conduct...
14 April 2025
A Labor election pledge to guarantee low-deposit loans for all first home buyers could make the lenders’ mortgage insurance market unviable and expose taxpayers to billions of dollars in losses in a housing downturn, the Insurance Council of Australia warns...
14 April 2025
Allianz says 84% of Australian homeowners do not perform home maintenance checks often enough, even as damage from burst pipes cost $864 million in the past two years...
14 April 2025
Researchers are using radar technology to examine the seismic history of New Zealand’s only “supervolcano”...
14 April 2025
A tropical low that is forecast to reach cyclone strength off the WA coastline is expected to remain offshore and travel west as it intensifies...
14 April 2025
Most jet ski riders are “committed to safety” and follow guidelines and responsible boating practices, Club Marine says...
14 April 2025
The Insurance Council of Australia and Fire and Rescue NSW are discussing a partnership in which insurers would provide wrecked vehicles to help with emergency worker training...
07 April 2025
The General Insurance Code Governance Committee says a fall in the number of breaches of key obligations suggests “signs of improvement” in compliance frameworks...
07 April 2025
Insurers, communities and policymakers will be “flying blind” without greater climate data and modelling, particularly at a granular level, experts warn...
07 April 2025
More than 95,000 claims have been lodged following Ex-Tropical Cyclone Alfred, with the loss total nearing $1 billion, according to the latest Insurance Council of Australia figures...
07 April 2025
Strata owner and consumer groups have urged the NSW government to press ahead with the removal of strata manager insurance commissions...
07 April 2025
The insured value of strata properties in Australia has reached an estimated $1.4 trillion, an industry report says...
07 April 2025
Insurers have backed Coalition plans to ease regulatory costs, invest in apprenticeships and change the prudential regulator’s capital settings for loans backed by lenders’ mortgage insurance...