Flood: Inquiry starts as submissions close
11 April 2011
Residents of the flash flood-devastated Lockyer Valley can make a submission to the commission of inquiry into the Queensland floods any time, with hearings beginning today…
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Business resilience requires more than insurance
11 April 2011
The Federal Government is urging businesses providing critical infrastructure to do more to plan for natural catastrophes than just take out insurance…
Gender bias ban could come to Australia
11 April 2011
The European Union ban on gender-specific underwriting could happen in Australia, a major insurer has warned…
Flood: Guide to help claimants
11 April 2011
Queenslanders can now access a simple how-to guide for processing their claims following floods, storm and cyclones…
Property rates rocket in Queensland as market retracts
04 April 2011
Commercial and industrial property-owners in Far North Queensland are taking a battering from insurers who are increasing rates, excesses and deductibles…
Rates must rise, but ‘sustainably’, says Catlin
04 April 2011
Catlin CEO Stephen Catlin says global reinsurance and insurance rates should be increased in a “measured” way over the next six months in order to avoid a kneejerk reaction in the market…
Work harder on future risks, says global underwriter
04 April 2011
Insurers and brokers need to be ready to help customers understand the complexity of emerging risk needs, Zurich’s Global Chief Underwriting Officer Inga Beale says…
Flood: definition expected tomorrow
04 April 2011
The Insurance Council of Australia says a proposed flood definition to be released tomorrow will not be a silver bullet answer to flood insurance…
ICA wants bureau to collect flood-mapping data
04 April 2011
The Insurance Council of Australia has called for the Bureau of Meteorology to assume national responsibility for the collection, maintenance and publication of flood information…
S&P downgrades outlook on Japan, India, NZ – Australia stable
04 April 2011
Standard & Poor’s has downgraded its outlook to negative on the general insurance markets in Japan, India and New Zealand but upgraded China and Malaysia to positive…
Flood: insurers draw a fine line
04 April 2011
Insurers have defended a move to approve some flood claims in the northern Victoria town of Charlton, saying each is being treated on a case-by-case basis…
Suncorp Insurance motors to the top
04 April 2011
Suncorp Insurance has cemented its position as the country’s best top car insurer in the annual report of rating company Canstar Cannex…
Flash flooding unlikely in Ipswich
28 March 2011
The Insurance Council of Australia’s third hydrology report, examining flooding in the Ipswich local government area, has concluded that most of the region’s flooding was unlikely to…
Flood refusals to spark complaints
28 March 2011
The Financial Ombudsman Service says flood-related complaints are expected to rise as insurers send out refusal notices…
Christchurch earthquake: gaps in BI insurance emerge
28 March 2011
Business interruption is emerging as the major insurance issue of the Christchurch earthquake…
Christchurch earthquake: Rugby World Cup move triggers insurance loss
28 March 2011
The organisers of the Rugby World Cup will be calling on their event insurance after being forced to move games from Christchurch because of earthquake damage to the stadium…
ICA chief in post-floods webcast
28 March 2011
Insurance Council of Australia CEO Rob Whelan will answer brokers’ questions when he appears in a national webcast on Wednesday afternoon…
WA uses mutual structure for crop insurance
28 March 2011
Grain co-operative CBH Group has formed a mutual company with broker Willis to offer multi-peril crop insurance in WA…
Localised NSW storm causes moderate claims
28 March 2011
A storm that caused flash flooding in the Illawarra region of NSW last week has only caused moderate claims, according to insurers…
No evidence to back carjacking spike
28 March 2011
The National Motor Vehicle Theft Reduction Council has rushed to reassure motorists that carjackings are not on the rise…