29 October 2012
The Australian Government Actuary’s report on strata title pricing in north Queensland provides no comfort for unit owners faced with huge premium increases – but it does shed light on the underlying factors…
22 October 2012
Insurance complaints to the Financial Ombudsman Service are rising, even when natural disaster claims are excluded…
15 October 2012
The liability insurance sector seems to be booming, according to recent data from the Australian Prudential Regulation Authority…
08 October 2012
Four years ago the insurance industry was rocked by the news that the world’s largest and best-known insurer, American International Group, was set to lose its AA credit rating due to massive exposures…
01 October 2012
Moves to reduce individual directors’ liability for corporate fault should cut risks in directors’ and officers’ cover and lead to cheaper premiums…
24 September 2012
French Enlightenment writer Voltaire said that with great power comes great responsibility…
17 September 2012
The Reinsurance Rendezvous in Monte Carlo has wrapped up for another year, with major reinsurers talking the market up before the crucial January 1 renewal period…
10 September 2012
The great and the good of the insurance and reinsurance industry are currently meeting in Monte Carlo for the pow-wow that is the annual Reinsurance Rendezvous, and pundits are tipping a calmer event…
03 September 2012
The devastating Christchurch earthquakes were always going to have a massive impact on the New Zealand insurance industry. While the country’s geological history and its position astride the Pacific’s…
27 August 2012
Reaction to the full and half-year profit results of Australia’s major listed insurers have been mixed, to say the least…
20 August 2012
The cause of the current spate of musical chairs taking place at the top end of the local insurance broking sector can be traced back as far as the early 1990s…
13 August 2012
People in developing countries may not have much material wealth to insure, but providing them with basic cover does give insurers an entrée to rapidly growing economies…
06 August 2012
The financial services industry, including insurance, has not come to grips with the use of social media…
30 July 2012
With the London Olympics now in full swing, athletes and their families have their fingers crossed and their hearts in their throats…
23 July 2012
While everybody has been watching the machinations of regulatory reform over the past year, a turf war has broken out in the world of financial services product distribution…
16 July 2012
The slow march to abolish inappropriate taxes on insurance continues, with the NSW Government launching a three-month consultation on reforming collection of the state’s Emergency Services Levy…
09 July 2012
Yet again, insurers have talked the talk but failed to walk the walk, with brokers reporting lower-than-expected rises at the mid-year commercial renewals…
02 July 2012
The Federal Government has given its strongest signal yet that it will not pursue the introduction of opt-out flood insurance with its announcement of a range of soft measures aimed at…
25 June 2012
Age discrimination in insurance policies is emerging as the next major government policy issue for the industry…
18 June 2012
A few years ago the idea of either the Victorian or NSW governments dropping the levies they imposed on insurers to fund their fire services was a very long-odds bet…