GI insurers in good shape after disasters
30 January 2012
Most Australian general insurers are making a profit despite a string of natural disasters, but some clocked up spectacular losses during the 2011 financial year…
30 January 2012
Most Australian general insurers are making a profit despite a string of natural disasters, but some clocked up spectacular losses during the 2011 financial year…
12 December 2011
The Chinese insurance market is continuing to be a tough challenge for foreign insurers, with banks entering the market and domestic competitors getting favourable treatment from regulators…
05 December 2011
There is a new world on the horizon for brokers…
28 November 2011
Comparator sites in the UK are now wielding significant power, especially in motor insurance…
21 November 2011
The report of the Natural Disaster Insurance Review, which was released to the public last week, lays out a clear structure for a national flood insurance system…
14 November 2011
Reinsurance has served disaster-affected communities well this year, but there was always going to be a price to pay and it is being reflected in the reinsurers’ results for the September quarter…
07 November 2011
At first glance, New Zealand’s second-largest home and contents insurer AMI should be attractive to another insurer wanting to buy a customer base of 485,000 clients and about a third…
31 October 2011
In the same week that insurers were slammed by a major consumer group over their handling of claims related to this year’s natural disasters, Suncorp has released a report quantifying…
24 October 2011
Money has triumphed over fear in the New Zealand reinsurance market. Higher reinsurance rates are attracting reinsurers who have not normally operated in the market, offsetting fears…
17 October 2011
How financial advisers are paid has been the headline act of the Future of Financial Advice legislation, but another issue has much wider implications…
10 October 2011
When insurers fail to meet public expectations there are inevitably calls for state intervention, and this year’s catastrophes have revived calls for governments to step into the insurance market…
03 October 2011
The latest components of the Future of Financial Advice draft bill contain no significant surprises…
26 September 2011
The Insurance Council of Australia’s announcement that it is working on a rebuild of “brand insurance” is very welcome…
19 September 2011
The industry will benefit from improved economic conditions in coming months, says KPMG in its annual General Insurance Industry Survey…
12 September 2011
Reinsurers have taken a battering this year but the outlook for the sector is positive, according to reports by ratings agencies…
05 September 2011
Ever since the Wallis Report of the 1990s which led to the Financial Services Reform Act 2001, general insurance brokers have blamed their financial planning counterparts for bringing down on their…
29 August 2011
As the anniversary of the first Christchurch earthquake approaches, the ground is still shaking and there is no end in sight to the embargo on writing new business in the Canterbury area…
22 August 2011
Insurance and reinsurance CEOs tend not to speculate about the future direction of rates without mentioning the US hurricane season…
15 August 2011
US insurance regulators and company executives have rushed into damage control mode following Standard & Poor’s downgrade of US Federal Government debt, reassuring consumers and markets…
08 August 2011
The industry’s ongoing battle with insurance fraudsters continues, with the Insurance Fraud Hotline saving the industry $700,000 in its first six months…