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…
Breaking News
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…
WA Election boosts brokers
13 February 2001
Last weekend’s Western Australian election result may have seen the demise of the Court Government, but its ALP successors aren’t likely to be opening the doors to…
Merc name lives on in general insurance
13 February 2001
Mercantile Mutual has become ING, with the name change to become absolute from March 1…
All quiet on the flood front … so far
06 February 2001
Massive floods in NSW and Queensland over the past week aren’t expected to create the usual claims controversies, according to a spokesman for the Insurance Disaster…
Tax troubles for brokers
06 February 2001
A tax provision introduced last year is likely to have an unexpected impact on brokers and other financial services intermediaries…