Local
09 October 2017
Days where the temperature exceeds 50 degree are being predicted for the Australia’s largest cities within 10 years – even if the Paris accord succeeds in capping the rise in average global temperature to two degrees above pre-industrial levels…
09 October 2017
Suncorp has finalised three-quarters of the claims it received after Cyclone Debbie caused extensive property damage in Queensland and NSW…
02 October 2017
An inaugural Australian insurance industry diversity and inclusion survey has highlighted areas for improvement in the local industry…
02 October 2017
A federal parliamentarian has slammed insurers’ progress on claims filed after Cyclone Debbie struck northern Australia in March, even though a new record has been set in settling more than 75% of 68,848 claims…
02 October 2017
Swiss catastrophe data company Perils has revised its loss estimate for Tropical Cyclone Debbie up to $1.66 billion from its June estimate of $1.41 billion…
02 October 2017
The Insurance Brokers Code Compliance Committee will conduct an “own motion” inquiry into brokers’ understanding of competency and professionalism, and how these standards are achieved…
02 October 2017
The financial services sector, including insurance, is the least trustworthy industry, according to a new global survey into consumer attitudes…
02 October 2017
The ACT bushfire season started yesterday, and experts warn a dry winter and an increase in forest fuel will result in increased risk…
25 September 2017
Brokers in Australia believe they should get better support from insurers to counter their more nimble and well-funded digital competitors, according to an EY survey…
25 September 2017
The insurance industry can take advantage of rising insurtech investment to become more efficient and expand into emerging markets, Aon Global CEO of Analytics Paul Mang says…
25 September 2017
A shortage of skills in emerging technologies is stopping insurers and other financial services providers from effectively managing risk, according to Accenture…
25 September 2017
A solicitor and two allied health professionals were last week charged over alleged roles in a group co-ordinating fraudulent compulsory third party (CTP) insurance claims in Sydney…
25 September 2017
Australia’s record warm winter was made 60 times more likely by climate change, according to a report from the Climate Council…
25 September 2017
The Earthquake Commission has worked with councils and contractors to clear silt and debris from 251 flood-damaged properties in the town of Edgecumbe, acting on a request from the Government…
18 September 2017
Australia’s major insurers are building their digital strengths in response to the insurtech challenge, according to IT consultant Capgemini…
18 September 2017
New Zealand property and casualty insurers will receive an earnings boost from rate rises in personal and commercial lines, according to S&P Global Ratings…
18 September 2017
The number of vehicle thefts nationwide grew 4% to 56,184 last financial year, according to the National Motor Vehicle Theft Reduction Council…
18 September 2017
Buildings featuring flammable cladding that does not adhere to Australian standards may find it hard to access full insurance cover, according to Strata Community Insurance…
18 September 2017
Deaths, injuries and other consequences of road accidents cost the economy almost $30 billion a year, according to the Australian Automobile Association…
18 September 2017
Private insurers have settled or partially settled 59% of residential and commercial claims from the Kaikoura earthquake, the Insurance Council of New Zealand says…