23 February 2009
Clearly, Australia’s general insurance industry is rising to the occasion in its support of clients affected by the Victorian bushfires, as well as the flooding in Queensland and New South Wales...
16 February 2009
Large insurance companies do the big things well. It’s usually the little things – the stray claim, the silly decision that seemed like the best idea at the time – that let them down...
09 February 2009
A cursory glance of the daily headlines would have you believe the local insurance industry is on the skids...
02 February 2009
The confirmation from NIBA’s latest market conditions survey that the commercial market is turning up was hardly a surprise...
15 December 2008
Swiss Re has forecast gloomy economic conditions will linger for another two years, but expects the ongoing financial crisis to provide a shot in the arm for premium rates...
08 December 2008
Trust in the insurance industry is at an abysmal level as the global financial crisis sets in, prompting concerns this will affect investment and boost underinsurance levels...
01 December 2008
With well over 100 acquisitions to its name over the past 25 years, the ever-acquisitive QBE doesn’t sit still for long...
24 November 2008
The global financial crisis has helped spur demand for reinsurance as insurers face the twin fronts of increased severe weather activity and declining investment income...
17 November 2008
Mini-budgets are all too often conceived in haste with much fumbling in dark corners...
10 November 2008
APRA’s announcement late last week that it’s happy with the way Australia’s insurance industry has withstood the rigours of the global financial crisis is welcome news...
03 November 2008
Willis Chairman and CEO Joe Plumeri last week hailed moves by New York’s insurance regulators to force insurers to provide policyholders with contract certainty...
27 October 2008
The global credit crisis is dominating the industry’s attention at present, but lurking in the background is an issue that isn’t going to go away: climate change...
20 October 2008
With world financial markets apparently racing downhill at a record pace, the latest outlook for international insurers from Standard & Poor's provides a timely reality check…
13 October 2008
It's not just the share market that is in freefall - currency traders are also shaking their heads at the sudden and extreme drop in the Australian dollar...
06 October 2008
As Australian insurers, investors and policyholders grapple with what AIG’s near downfall means to them, the question of whether it could benefit the local market has now…
29 September 2008
Bloodied but unbowed: that’s the short version of the Reserve Bank’s review of the local general insurance industry...
22 September 2008
AIG’s Australian CEO Chris Townsend is manning the phones talking to key stakeholders about the company’s excellent liquidity locally...
15 September 2008
The unkind among us would suggest there’s plenty of evidence that governments and public servants tend to overshoot when it comes to controlling and monitoring the behaviour…
08 September 2008
Consumer law groups say the Insurance Council of Australia’s failed bid to introduce a common flood definition shows it needs to “enter the 21st century” by properly engaging…
01 September 2008
An insurance claim over the closure of Tasmania’s Beaconsfield gold mine that has dragged through the courts for more than a year has so far shown courts’ willingness to defend…