New Zealand Sets Weather Loss Records with Successive Natural DisastersMarch 13, 2023
A new report issued by the Insurance Council of New Zealand (ICNZ) says that the back-to-back natural disasters that devastated parts of the country earlier this year are expected to set new annual loss records for extreme weather events across the country.
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How the Cyber insurance market is showing positive signs after difficult timesMarch 13, 2023
The Cyber Insurance market has been one of, if not the most challenging and distressed segments of the insurance market over the past 12 – 24 months, due mainly to a high volume of ransomware and cyber extortion attacks that caused havoc to all industries across all jurisdictions.
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Insurance market update Q4 2022November 14, 2022
Overall, conditions in the insurance market have generally been trending in a more positive direction thus far in 2022. However, several factors will likely see the prevailing hard market conditions continue over the longer-term.
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Rethinking insurance in a world of hybrid workNovember 1, 2022
With the shift to remote and hybrid work likely to become a permanent feature of the modern workplace, businesses should review their insurance cover to reflect some of the associated risks.
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How to play it cyber-safe with your liability insuranceSeptember 7, 2022
The ever-rising use of technology during the pandemic has led to an associated increase in cyber-attacks, making it imperative for businesses to carefully select their cyber insurance.
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Directors & Officers Market UpdateJuly 18, 2022
Positive signs in the Directors & Officers insurance market suggest that the volatile conditions which have plagued insurance buyers in recent times are coming to an end.
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Climate change – what it means for your insurance premiumsJuly 12, 2022
The risks of climate change to businesses can no longer be denied or ignored.
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Is your business at risk? We uncover Australia’s top insurance risks in 2022.February 9, 2022
Allianz’s recent survey found that supply disruption and cyber breaches pose the biggest threats to corporate Australia over the next 12 months.
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Insurance market update, what to expect in 2022February 7, 2022
2021 marked the fourth straight year of a hard insurance market. Some industry experts have even described conditions over the past four years as one of, if not the toughest period on record for the insurance industry.
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The key questions you need to ask your insurance broker to get the best dealNovember 3, 2021
We outline some of the questions you should put to your insurance broker before using their services.
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November insurance market updateNovember 3, 2021
New figures released by global insurance broker Marsh show that commercial insurance pricing rose on average by 17% across the Pacific region (which is dominated by Australia) in the third quarter of 2021, marking the 15th straight quarter of double-digit increases in the region.
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Challenging times in the construction insurance marketSeptember 30, 2021
The first 9 months of 2021 has seen a continuation of the adverse trends in the construction insurance market that have plagued buyers in recent times.
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