PERILS slashes March 2021 Australian flood loss estimate again
The industry loss to insurance and reinsurance markets from March 2021’s severe flooding that affected New South Wales and Queensland,...
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Gone in 90 seconds: insurer wins dispute over theft of unlocked car
An IAG customer whose car was brazenly stolen when his partner briefly left it unlocked while popping inside to collect...
Japan earthquake industry loss could reach US $4bn: Verisk
The March 16th magnitude 7.3 Japanese earthquake is expected to cause an insurance and reinsurance industry loss of between US...
'Unprecedented' summer drives up claims, worry levels
Home claims were up sharply this summer even before the flood catastrophe, and amid an unprecedented season of extreme weather...
'Pass cyclone reinsurance bill': Senate inquiry
A Senate committee inquiry into the cyclone reinsurance pool has recommended that Federal Parliament pass the legislation, despite shortcomings pointed...
WTW partners RIMS to help manage 'high impact' threats
Global brokerage WTW has announced a partnership with US-based Risk and Insurance Management Society (RIMS) to advance the practice of...
Connectivity Advancements and 4 Other Tech Trends Transforming the Insurance Industry
This post is part of a series sponsored by AgentSync. The insurance world isn’t moving at the speed of light...
Liberty Specialty Markets announces art award winners
Authored by Liberty Specialty MarketsLiberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announces the two winners of this...
ICNZ releases update on Westport floods
Many home insurance policies have a temporary accommodation allowance, with an average payout of around $20,000, that pays for accommodation...
Commercial director on insurance being overlooked by NZ businesses
Meys, Coface’s exclusive agent in NZ prior to the branch launch, was referring to the supposed lack of awareness among...
