13 May 2013
Credit ratings for QBE, IAG and Suncorp and more than 2000 other insurers, reinsurers and subsidiaries are under review by Standard & Poor’s after the agency released new criteria for the sector…
13 May 2013
Insurers in Victoria could be sneaking in large premium increases under the cover of the fire services levy (FSL) reform, according to FSL Monitor Allan Fels…
13 May 2013
Canterbury homeowners should contact their insurers if they are affected by creeping mould from liquefied soil caused by the earthquakes, according to the Insurance Council of New Zealand…
06 May 2013
Claims from last summer’s Queensland floods have reached $939 million, up from $908 million last month, according to the Insurance Council of Australia…
06 May 2013
The New Zealand Treasury has revised its estimate of the total capital cost of the Christchurch rebuild to $NZ40 billion ($33.2 billion), up from $NZ30 billion ($24.9 billion) last December…
06 May 2013
The WA Government will look at crop insurance products as part of a $7.8 million aid package to farmers on the state…
06 May 2013
The Victorian Government will not impose stamp duty or GST on the property charge that replaces the fire services levy from July 1…
06 May 2013
A state parliamentary committee has recommended improvements to NSW’s land valuation system, potentially paving the way for changes to emergency services funding…
06 May 2013
Private insurers’ involvement as underwriters in the builders’ warranty insurance market is diminishing as insurers find the segment is no longer viable…
06 May 2013
Insured losses from a tornado that hit Hobsonville in Auckland in December total $NZ8.7 million ($7.2 million), according to the Insurance Council of New Zealand…
29 April 2013
Credit conditions in Australia deteriorated last year, a study by global credit insurer Coface says…
29 April 2013
Brokers insist their future is bright, despite recent surveys indicating a shift towards the direct purchase of insurance through online channels…
29 April 2013
Insurers are becoming more optimistic about investment opportunities and are more likely to take on portfolio risk, according to a global Goldman Sachs Asset Management study…
29 April 2013
Widespread flooding in New Zealand on the weekend of April 20/21 will be an insurance event, with businesses and insurers still calculating losses…
29 April 2013
The number of disputes handled by the Financial Ombudsman Service fell 12% in the three months to December…
29 April 2013
New Zealand insurers will help fund a free earthquake support scheme for homeowners…
22 April 2013
Power company SP AusNet can apply to pass to customers any shortfall in its insurance cover for the Black Saturday bushfires, the Australian Energy Regulator has decided…
22 April 2013
Business owners continue to switch to buying insurance online rather than through a broker, according to Roy Morgan Research…
22 April 2013
The Boston Marathon bombs will prompt price increases and tighter capacity in terrorism cover for big sports and entertainment events, SRS Underwriting Agency CEO Paul Lynam has warned…
22 April 2013
Any insurer that over-collects the Victorian fire services levy this financial year will be expected to refund policyholders or pay the excess to the state’s Consumer Law Fund…