This report argues that accessibility, transparency, affordability and competition are crucial features of a well-functioning general insurance market.

The Australian Prudential Regulation Authority (APRA) today released a discussion paper on proposed changes to its general insurance statistical publications. APRA proposes to publish more general insurance statistics, including data recently determined non-confidential. In doing so, APRA intends to improve the relevance of APRA’s statistics to users, and address feedback in stakeholder surveys and other...

Insurance cover has proved to be a headache for a number of Australians hit by the recent East Coast storms. Many homeowners were surprised to discover they're not covered for damage caused by the sea or flooding. Confusion over insurance cover is a familiar story following natural disasters in Australia—but in New Zealand, it's a...

New Zealand is a seismically active country. Our communities are exposed to the perils that come with this, namely earthquakes, volcanic and hydrothermal activity and tsunami. We also regularly suffer from landslips, storms and floods as a result of our weather and geography. When these perils strike, affordable, widely held home insurance is critical to...

We provide empirical evidence on the degree of systemic risk in Australia before, during and after the Global Financial Crisis. We calculate a daily index of systemic risk from 2004 to 2013 in order to understand how real economy firms influence the outcomes for the rest of the economy. This is done via a mapping...