09 September 2019
General insurance intermediaries placed almost $11.5 billion in premium in the six months to June, the Australian Prudential Regulation Authority says in a half-yearly update...
09 September 2019
Insurers have received 45 claims as of this morning from the Queensland and NSW bushfires, which have been declared a catastrophe by the Insurance Council of Australia...
09 September 2019
Residents in areas prone to bushfire risk are still not doing enough to prepare for the danger, despite routine multiple warnings on the importance of contingency planning, according to the Bushfire and Natural Hazards Cooperative Research Centre...
09 September 2019
JLT will fight a second class action brought against it by local councils alleging they have overpaid premiums while participating in mutual insurance arrangements established by the company...
09 September 2019
Adapting to the post-Hayne royal commission landscape will be challenging, according to actuaries Taylor Fry...
09 September 2019
The rise of driverless cars will spur demand for “on-the-go” motor cover, according to a global study on the impact of autonomous vehicles on the transport landscape, including in Australia...
09 September 2019
New Zealand’s Insurance Fraud Bureau has warned crime costs will continue rising without a concerted and co-ordinated approach...
09 September 2019
New Zealand’s Earthquake Commission is calling for members of the public to contact them if their property has been damaged by the Turangi earthquakes...
09 September 2019
Drone technology funded by New Zealand’s Earthquake Commission is being used to study volcanic plumes in the Pacific...
09 September 2019
IAG NZ has licensed a new earthquake model for New Zealand from Boston-based AIR Worldwide to help manage its catastrophe risk...
02 September 2019
Large swathes of the east coast face above normal bushfire risk as the dry and warm conditions show no signs of easing...
02 September 2019
Former Dual Australia claims manager Josie Gonzalez has showed no remorse for defrauding the underwriting agency of $17.4 million, and her evidence during her trial was “a litany of lies punctuated only by moments of prevarication”...
02 September 2019
The excesses on professional indemnity insurance policies are threatening to put building surveyors out of business, a NSW parliamentary committee inquiry has heard...
02 September 2019
A spat has broken out between Aon and the International Institute for Complementary Therapists, months after the two ended their three-year insurance arrangement...
02 September 2019
Only 3.9% of insurance buyers switched provider when taking out a policy during the past 12 months, the latest quarterly Roy Morgan report on purchasing decisions shows...
02 September 2019
A survey of more than 3000 New Zealanders has found 97% would welcome an earthquake early warning system to allow them to take some sort of action to keep themselves safe...
02 September 2019
A ‘tidal wave’ of reforms stemming from the Hayne royal commission will bring significant changes to the industry, according to a leading insurance lawyer...
02 September 2019
A caption in the August edition of Insurance News magazine incorrectly names the winners of this year’s National Insurance Brokers Association Queensland broker and young professional broker of the year awards...
02 September 2019
More consumers trust the general insurance industry than any other financial services industry, according to a new survey...
26 August 2019
The industry suffered a 44.7% drop in underwriting profit to $2.3 billion in the year to June 30, as claims from the Sydney hailstorm and Townsville flood negated gains from rising premium rates, latest regulatory figures show...