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Algorithm lands IAG with A$40m Federal Court fine
03 July 2023System limited promised renewal discounts, Court finds
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NZIA continues to crumble as IAG departs
21 June 2023Only 12 members of the beleaguered alliance remain
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Insurance actuaries must be data gatekeepers and teachers, profession is told
15 June 2023Actuaries have drawn positive and negative lessons from the 'data democratisation' during Covid
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IAG expects costs for natural perils to increase further in 2024/25
15 June 2023Group now paying 19% of relevant premiums for perils claims
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Climate adaptation is "poor second cousin" to emissions reductions investments, actuaries told
06 June 2023Profession has key role in enhancing analysis of investments in adaptation measures
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Risk mitigation must be reflected in premiums, says Australian government
02 June 2023Not cutting premiums for lower risk "sends all the wrong price signals," assistant Treasurer tells actuaries
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Relocation, relocation, relocation: Australia debates the last resort for property insurability crisis
25 April 2023The property agent's catchcry of "location, location, location" is being reinvented as homeowners face up to the growing threats from natural catastrophes and climate change. David Walker reports
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IAG publishes framework for relocating towns under natcat threat
28 March 2023Insurer acknowledges moving communities could make insurance more affordable
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IAG reports "notable decrease" in reinsurers' appetite for property risk
15 February 2023Auckland floods lead Australasian group to increase natcat budget
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NZ firms trumpet second-event reinsurance as cyclone Gabrielle follows floods
15 February 2023Underwriters expect Gabrielle's costs to exceed 2016's Kaikoura earthquake bill of NZ$2.3bn