No recovery in sight for LMI premiums: Fitch
01 July 2019
Fitch Ratings warns Australian lenders’ mortgage insurance underwriting profits will remain under pressure this year due to challenges lifting top-line revenue and a softer housing market...
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Act now on building industry crisis, ICA tells governments
01 July 2019
The Insurance Council of Australia has called for immediate government action on the troubled building industry, warning insurers will find it increasingly tough to cover the sector...
Still time to vote for Mansfield claims awards
01 July 2019
Brokers have only days left to cast their votes in this year’s Mansfield Awards for Claims Excellence, organised by Insurance News and claims services specialist LMI...
Coastal Queensland shapes as bushfire hotspot
01 July 2019
A large area of Queensland, south of Rockhampton towards the NSW border, should expect above-average bushfire risk this summer, according to a northern Australia seasonal outlook...
Raised EQC building cover cap takes effect
01 July 2019
New Zealand’s Earthquake Commission from today provides increased building cover of up to $NZ150,000, under legislative changes approved earlier this year...
Most tower blocks defective, study finds
24 June 2019
An analysis of 212 building audits in three states has found more than half of high-rise blocks have at least one defect, prompting calls for an insurance overhaul to address the problem...
Document search followed Gonzalez property seizures
24 June 2019
Police examined thousands of documents after computers were taken from a Kew property following freezing and search orders, the trial of Josie and Alvaro Gonzalez heard today...
Adani gets insurance, but won’t say where from
24 June 2019
The Adani Group’s Carmichael coal mine project in Queensland has been underwritten by a group of insurers whose identities remain confidential...
ICNZ hits back at consumer group’s criticism
24 June 2019
The Insurance Council of New Zealand has rejected Consumer NZ assertions that general insurance customers get a raw deal...
Suncorp close to complete on NSW hailstorm repairs
24 June 2019
Suncorp has repaired or paid out on more than 18,000 cars in the six months since the Sydney hailstorm, accounting for more than 80% of the total insured...
Nissans remain top target for thieves
24 June 2019
Older Nissan models comprise eight of the top 11 theft targets in Victoria, according to the National Motor Vehicle Theft Reduction Council...
AIR updates NZ quake model
24 June 2019
AIR Worldwide has revised its New Zealand earthquake model to include the latest scientific research gathered from the Canterbury catastrophes in 2010/11 and Kaikoura in 2016...
Fraud trial: Gonzalez pressed Dual to use husband’s firm
17 June 2019
Dual Australia founder Damien Coates says Josie Gonzalez pushed forward proposals to use a legal firm associated with her husband at meetings to discuss her employment, despite it not being “on the table”...
Political interference ‘in full swing’ post-Hayne
17 June 2019
Some Australian insurers are concerned at politicians’ determination to move quickly on the Hayne royal commission’s recommendations to reform the financial services sector, according to a PwC-sponsored biennial survey...
Travel insurers hail progress after discrimination finding
17 June 2019
Insurers at the centre of a probe into the sale of travel policies with illegal mental health exclusions have pledged to build on changes made since the investigation ended...
Uber Air shapes as new vehicle for aviation cover
17 June 2019
Uber’s bold Uber Air flying taxi proposition could be treated much like helicopter use by underwriters in the first instance, but technical advancements will open new opportunities for aviation insurers, experts say...
Climate change the key threat to business growth, CEOs say
17 June 2019
Risk arising from climate change and the environment has jumped to be the No.1 threat to company growth worldwide, according to a KPMG global survey of top executives...
New skills will define future workers: Deloitte
17 June 2019
Jobs that require interpersonal and creative skills, conflict resolution, cognitive work and sales will be increasingly in demand over the next decade, despite the automation revolution, Deloitte says...
In Insurance News magazine this month
17 June 2019
The industry’s largest-circulation news magazine is hitting mailboxes this week, and as soon as mail deliveries are completed we’ll put it up online as well...
Couple in court over $17 million fraud
11 June 2019
The trial of a married couple accused of defrauding Dual Australia of $17 million between 2011 and 2013 was due to begin in Melbourne today…