PLUS: Insurer welcomes community resilience funding and Key appointment for newly launched NZ premium funder.
The ICA has ‘welcomed’ a state budget announced yesterday which includes major investment in disaster mitigation but the industry council still sees room for improvement.
Insurers and Lloyd’s coverholders in Australia have completed a significant transition to a new Code of Practice.
PLUS: NZ insurer gives away free insurance on Facebook and US States continue Uber crack down.
A leading Australian insurance industry council has announced the appointment of two new board members.
The Productivity Commission has released its final report on the state of natural disaster funding for Australia which could lead to huge changes.
The ICA has released its latest figures on the damage caused by the storms that hit parts of New South Wales earlier this week, while major insurers have given their own estimates.
The insurance industry has welcomed the Federal Government tax white paper, with ineffective insurance taxes targeted.
With the likelihood of more events like Cyclone Pam expected to increase, three Aussie academics have an idea for a regional risk pooling institution similar to one in the Caribbean.
Claims made in the wake of Cyclone Marcia have sky-rocketed, according to the latest figures, with one element of insurance to blame.