Allianz supports workplace health research
07 August 2017
Allianz has teamed up with Monash Health to trial revolutionary movement assessment technology that could reduce the risk of workplace injury…
Local
NSW spent $25 million on ditched fire levy reform
31 July 2017
The NSW Government spent $25.42 million on preparations for the fire and emergency services levy reform before backing away from it at the last minute, according to State Treasury estimates obtained by the Labor Party…
Paris target ‘not enough to halt El Nino growth’
31 July 2017
El Nino frequency is expected to increase even if the Paris climate accord limits the rise in average global temperature to 1.5 degrees above pre-industrial levels…
Council ponders giving insurers free access to flood data
31 July 2017
Wollongong City Council will vote tonight on a motion to make flood data available to the Insurance Council of Australia, amid concerns some residents pay higher premiums than necessary…
Female SME owners present ‘nuanced’ challenge for brokers
31 July 2017
Women who run SMEs are less likely than their male counterparts to use brokers to buy insurance, and are more likely to go online to examine the possibilities, according to Vero research…
SMEs ‘lack awareness’ on cyber risks
31 July 2017
Many companies are unprepared for rising threats from sophisticated and disruptive cyber crimes, Small Business and Family Enterprise Ombudsman Kate Carnell warns…
Insurers warned over autonomous car crash
31 July 2017
Personal injury insurance, compensation and rehabilitation schemes whose operational models do not reflect the rise in autonomous vehicles and the sharing economy risk collapse, according to a transport expert…
NZ confident of reinsurer support
31 July 2017
Comments suggesting a potential withdrawal of reinsurance from the New Zealand market due to earthquake risk are no cause for alarm, according to the Insurance Council of New Zealand…
AIR Worldwide models severe thunderstorm threat
31 July 2017
Catastrophe risk modeller AIR Worldwide has added a severe thunderstorm model to its suite of products for Australia, as potential losses from such events increase…
FOS general insurance disputes rise
31 July 2017
The number of general insurance disputes received by the Financial Ombudsman Service edged higher in the June quarter, according to its latest statistical report…
UK police give Victorians a steer on car crime
31 July 2017
Victorian police will adopt multi-agency prevention and early intervention strategies similar to those used in the UK in a bid to tackle alarming car theft rates…
Market continues to harden: Gallagher
24 July 2017
Uncertainty and a “more measured attitude” towards risk across several sectors continue to dog the market, according to broker Arthur J Gallagher’s second quarter review of the industry…
Debbie losses $1.4 billion and rising: ICA
24 July 2017
Insured losses from Cyclone Debbie have reached $1.4 billion and the total continues to rise nearly four months after the storm hit the Queensland coast, Insurance Council of Australia data shows…
Australia exposed to political instability: Allianz
24 July 2017
A series of destabilising events including the Brexit vote and election of Donald Trump may represent a systemic increase in political risk from which Australia is not immune, Allianz warns…
NZ hit by flooding after heavy rains
24 July 2017
New Zealand South Island cities Christchurch and Dunedin have been hit by heavy rain and flooding as this year’s wet weather pattern continues…
Changing storm patterns bring new wave damage threat
24 July 2017
Fluctuating storm patterns caused by climate change have rendered previously safe waterfront properties and infrastructure susceptible to severe sea damage, according to a new study…
Cyclone damage adds to Queensland fire risk
24 July 2017
Parts of Queensland face increased fire risk, partly because of damage to vegetation caused by cyclones Debbie in March and Marcia in 2015…
Kaikoura quake payments top $460 million
24 July 2017
Insurers have paid more than $NZ500 million in claims following last year’s Kaikoura earthquake…
Silt and debris cleared in Edgecumbe flood response
24 July 2017
New Zealand’s Earthquake Commission is continuing to oversee the clean-up of properties in Edgecumbe after flooding caused by the fading Cyclone Debbie…
Fintech incubator to open Melbourne hub
24 July 2017
Non-profit fintech incubator Stone & Chalk will open a hub in Melbourne to meet growing demand for support from Victoria’s start-up community…