Little lies cause big trouble, NZ Ombudsman warns
18 September 2017
New Zealand Insurance & Financial Services Ombudsman Karen Stevens has warned consumers against believing a “bit of a lie” won’t hurt when it comes to insurance…
18 September 2017
New Zealand Insurance & Financial Services Ombudsman Karen Stevens has warned consumers against believing a “bit of a lie” won’t hurt when it comes to insurance…
11 September 2017
Insurance intermediaries invoiced $9.4 billion in premium in the six months to June 30, according to Australian Prudential Regulation Authority statistics…
11 September 2017
General insurers will generate strong earnings for the next few years, supported by premium increases and robust reinsurance protection, according to S&P Global Ratings…
11 September 2017
A married couple will stand trial next week accused of defrauding Dual Australia of $17 million between 2011 and 2013…
11 September 2017
Most of the east coast of Australia faces above-normal bushfire risk this summer, according to the Bushfire and Natural Hazards Co-operative Research Centre southern outlook…
11 September 2017
Nearly 78% of Australians stayed with the same general insurer when their policies were last due for renewal, up slightly from 79.9% in 2013, according to a Roy Morgan Research survey…
11 September 2017
About 61% of SME owners consider it “very important” that brokers provide advice on non-business covers such as personal insurance and other financial products, Vero says…
11 September 2017
Several days of bad weather in July left insurers with a $NZ31 million damage bill, and made this the most expensive year for weather events, according to the Insurance Council of New Zealand…
11 September 2017
Social and regulatory changes are having a significant effect on professional indemnity demand, while the emergence of robo-advice will offer new challenges, Suncorp Insurance CEO Anthony Day says…
11 September 2017
The Christchurch earthquakes have given rise to a resilient and innovative business community willing to take on more risk than elsewhere, according to research commissioned by Suncorp…
11 September 2017
Wellington homeowners should check their houses for vulnerabilities to earthquakes, according to Insurance Council of New Zealand research…
04 September 2017
Major broker Marsh says insurers are imposing sharp premium rises on high hazard risks and loss-affected accounts knowing they won’t lose the business because there’s so little competition for it…
04 September 2017
AIG Australia CEO Noel Condon says blockchain technology could soon be used in the local market as the insurer explores opportunities following a successful international pilot…
04 September 2017
The Risk and Insurance Management Society will work with members to examine a rise in class action activity that is causing “unstainable” losses in the directors and officers’ market…
04 September 2017
Younger SME owners in New Zealand do business differently to the older generation, and most do not believe they get value out of their insurance, according to Vero…
04 September 2017
Workers in New Zealand financial and insurance services suffered the lowest rates of injury last year, according to figures released by Stats NZ…
28 August 2017
The number of self-reported breaches of the Insurance Brokers Code of Practice jumped 42% last year, while significant cases tripled, the compliance committee’s annual review says…
28 August 2017
Dry winter conditions in NSW, marked by record warm temperatures in July and low rainfall, may bring an early start to the bushfire season, according to academics…
28 August 2017
Suncorp and RACQ Insurance have joined forces to urge the Queensland Government to tackle “rampant rorting” of the state’s compulsory third party insurance scheme…
28 August 2017
The New Zealand insurance bill for damage wrought by cyclones Debbie and Cook in April has reached $NZ108.7 million, according to the Insurance Council of New Zealand…