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New Zealand general insurance market to hit NZ$16.3bn by 2029: GlobalData
March 20 2025
Property and motor lines set to drive growth.
Cyclone Alfred not as severe as it might have been, but lessons remain
March 20 2025
Industry experts weigh-in on the impact of Alfred.
Australia’s General Insurance Code of Practice review panel urges stronger action from ICA
March 19 2025
Panel welcomes ICA's Action plan but says that more decisive action can be taken to improve consumer outcomes.
JBA estimates insurance losses from ex-Tropical Cyclone Alfred at between A$1.5bn and A$2.5bn
March 19 2025
The storm displaced thousands, left 330,000 properties without power, and prompted over 20,300 evacuations in northern New South Wales.
SEADRIF appoints Shannen Nicole Chua as Implementation and Programme Development Specialist
March 18 2025
Chua previously led disaster risk financing initiatives at the Philippines’ Bureau of the Treasury.
ICA releases insurance industry action plan addressing flood inquiry, code review
March 18 2025
Plan focuses on improving customer outcomes, supporting vulnerable policyholders, updating policies to prevent financial abuse, and enhancing claims handling.
Suncorp pledges A$500K for Cyclone Alfred recovery efforts
March 17 2025
Suncorp is also continuing its support in North and Far North QLD following flooding in February.
Claims data suggests Cyclone Alfred 'not as significant as first feared': ICA
March 17 2025
Number of claims has reached over 63,000 as of Monday.
Cyclone Alfred claims exceed 50k; ICA opens up EOI to support recovery efforts
March 14 2025
ICA is working with authorities to expedite interstate and trans-Tasman worker qualifications to help in recovery efforts.
Insurance losses hit A$164m for North Queensland floods
March 14 2025
Insurance Council of Australia reports that 7,600 claims have now been lodged.
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