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…
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…
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…
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…
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…
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…
13 August 2018
Commercial lines premiums grew fastest in Australia in the second quarter, averaging 13.7%, according to broker Marsh’s Global Insurance Market Index…
13 August 2018
Specialty insurer CFC says data breach notification rules have driven a 107% jump in new Australian cyber business this year…
13 August 2018
Tickets can now be booked for events in Australia and New Zealand for the fourth Lloyd’s Dive In Festival of diversity and inclusion…
13 August 2018
New Zealand’s Court of Appeal has dismissed a QBE case arguing that Allianz should share costs for a Christchurch earthquake claim because both companies were providing cover when the catastrophe struck the city…
13 August 2018
The number of new lenders’ mortgage insurance premiums has contracted for three consecutive years as risk appetites shrink amid tightened lending standards…
13 August 2018
Insurers have been urged to fully embrace artificial intelligence to gain maximum benefit…
13 August 2018
Travellers are failing to lodge claims for overseas incidents because they view the process as too laborious, a TravelCard survey has found…
06 August 2018
The bushfire season began in Queensland last week and was declared two months early in parts of NSW after some regions received record low July rainfall…
06 August 2018
Rising numbers of class actions and increased regulatory scrutiny have “unsettled” directors’ and officers’ insurers, Gallagher warns…
06 August 2018
New research shows about 65% of brokers consider competency-based training essential and another 31% think it is a high priority…
06 August 2018
Rises in hourly rainfall during intense storms have exceeded climate scientists’ expectations, heightening the risks of flash flooding and increased insurance claims…
06 August 2018
The Insurance Council of Australia has rejected a report by comparison website Mozo on mental health coverage among travel insurers…
06 August 2018
New Zealand’s Earthquake Commission says only a small number of the 38,758 residential claims from the 2016 Kaikoura earthquake remain unsettled…
06 August 2018
New research shows more than half of flood claims to and payouts from New Zealand’s Earthquake Commission this century have involved higher-income families…