premium rises beat industry expectations
29 May 2001
Premium rises in the commercial classes so far this year are well above industry projections, according to a “year to date” report released yesterday by JP Morgan/Deloitte Touche…
Breaking News
HIH Royal Commission
22 May 2001
The terms under which the Federal Government’s Royal Commission into the HIH collapse will work haven’t been revealed yet…
The terms of aid
22 May 2001
The $500 million-plus package funded by the Government from the Federal Budget will help some 28,000 claimants and take several years to complete…
NSW bowls a bouncer
22 May 2001
The attempt by NSW Treasurer Michael Egan to force insurers to pay its HIH-related liabilities is one of the more bloody-minded reactions to the HIH crisis…
Yet another workers’ comp inquiry
22 May 2001
The NSW Government is negotiating to get as much of its workers’ comp reform package into action as it can – even if it means pushing out some of the more contentious items…
Brokers make a move over HIH premiums
08 May 2001
Some major brokers may defy the HIH provisional liquidator and hand premiums held in their accounts back to their clients after receiving legal advice last week…
Insurers plan 1% HIH levy
08 May 2001
The Insurance Council wants to impose a 1% levy on all insurance policies to pay the claims of HIH policyholders…
Watch this space…
08 May 2001
Expect an imminent announcement on the sale of a major financial services player…
Dodd’s sacking stalled HIH rescue bid
08 May 2001
The insurance industry is actively exploring ways to rescue HIH claimants…
Hockey lashes out
02 May 2001
The new General Insurance Bill will be introduced into Parliament in the winter sessions, Financial Services and Regulation Minister Joe Hockey said yesterday…
FSRB on the starting blocks
20 March 2001
The Financial Services Reform Bill may squeak on to the parliamentary order paper before the budget sessions begin…
HIH takes the money and quits Allianz deal
13 March 2001
HIH has sold its short-lived shareholding in its joint venture with Allianz for $125 million – the minimum price the company could have expected…
Has Hockey left his run too late?
06 March 2001
Joe Hockey’s determination to introduce the Financial Services Reform Bill into Parliament in the current sitting is becoming less and less likely…
Life industry trending down
06 March 2001
Australia’s life insurers are following their international counterparts on a gradual downward drift, according to Standard & Poor’s…
National transport restructures
06 March 2001
National Transport Insurance, the market leader in specialist heavy vehicle and equipment insurance, is changing its structure to become a joint venture for its owners…
Business as usual as HIH resists pressure
27 February 2001
HIH won’t be bowing to media pressure for a quick statement on its financial position, or its results for 2000…
NRMA interim profit update
27 February 2001
Our earlier article below on NRMA’s likely half-yearly profit result reported analysts’ predictions that it would be between $25 million and $50 million…
HIH preparing to disclose results
27 February 2001
HIH shares were suspended on Friday as the insurer prepares to announce its results for the December 31 half…
Paradine retires from Marsh
20 February 2001
One of Australia’s best known and most influential insurance brokers, Terry Paradine, is returning to Australia and retiring…
Asbestos win for insurer
20 February 2001
It’s been a long time since an insurance company won a court case related to asbestos-related injury…