26 September 2016
Meeting customer expectations, leveraging on rapid technology advancements and navigating a tough economic environment are among the main challenges facing insurers, delegates at the 10th annual Claims Convention heard last week…
26 September 2016
Estimated losses from the east coast low that hit Queensland, NSW and Tasmania in June now stand at $421.69 million – 64% of which are domestic and 36% commercial…
26 September 2016
The New Zealand Earthquake Commission has paid more than half of the claims arising from quakes in February, passing $NZ25 million in cash, with cases taking an average of three weeks to settle…
26 September 2016
The Fire Protection Association Australia plans to open a new Sydney training centre as part of a major expansion of its services…
19 September 2016
Indian Ocean temperatures and a La Nina-like pattern in the Pacific Ocean are strongly influencing Australia’s climate, with the two features typically a cause of wet spring weather in the eastern states…
19 September 2016
The National Motor Vehicle Theft Reduction Council has been saved from closure, winning a last-minute reprieve from the Victorian Government…
19 September 2016
Insurers have received about 2500 claims for storm and flood damage across Victoria, SA and NSW, the Insurance Council of Australia says…
19 September 2016
Insurance technology company SSP says systems used by New Zealand brokers are back in operation after its cloud-based transaction platform went down last month, but businesses are still experiencing problems accessing documents…
19 September 2016
Insurers can contribute to community resilience after disasters by using local businesses in the recovery period, a new book by James Cook University scientists says…
19 September 2016
New Zealand insurers are retreating from their much-vaunted switch to sum-insured home policies as competitive pressure grows…
19 September 2016
The industry has moved to defend lenders’ mortgage insurance following criticism of the product…
12 September 2016
Premiums invoiced by intermediated general insurance businesses fell 1.7% to $8.73 billion in the six months to June 30 as placements with unauthorised foreign insurers declined, Australian Prudential Regulation Authority data shows…
12 September 2016
Insurance exclusions for people with mental health issues are discriminatory, the Financial Ombudsman Service says…
12 September 2016
Insurance technology company SSP is under fire after a power failure in the UK caused system outages that have affected brokers and underwriters in markets as far away as New Zealand…
12 September 2016
Australia, along with Singapore and Hong Kong, is a favourite regional product testing ground for fintechs, according to KPMG…
12 September 2016
The Insurance Council of New Zealand has welcomed new regulations to stem the import of unsafe, water-damaged vehicles from Australia…
05 September 2016
Australia is probably the second-most litigious country in the world after the US, according to US management liability specialist Kevin LaCroix…
05 September 2016
Large areas of Victoria and NSW face above-normal bushfire risk this season, despite increased winter rainfall…
05 September 2016
The insurance sector must be better prepared for a climate-induced financial crisis hitting the global economy, economist and former politician John Hewson says…
05 September 2016
General insurance disputes rose 19% last financial year, according to figures released today by the Financial Ombudsman Service…