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Broking growth solid, Macquarie says

17 March 2014

Insurance broking businesses improved their profitability last financial year despite a subdued economic environment and increased competition, according to a study by…

Insurers agree Bridgecorp D&O payout

17 March 2014

Insurers will pay $NZ18.9 million ($17.76 million) from a directors’ and officers’ policy to the receiver of failed New Zealand finance company Bridgecorp…

Levy monitor’s enforcer ‘traumatised office staff’

10 March 2014

An underwriting agency has had some of its Melbourne office staff counselled by a trauma specialist after an officer from the Victorian Fire Services Levy Monitor threatened to have a receptionist arrested for obstruction…

Intermediated premium levels rise

10 March 2014

Premiums invoiced by intermediated general insurance businesses grew to $9.85 billion in the past six months, according to the Australian Prudential Regulation Authority…

Global groups seek insurance data for analytics

10 March 2014

Multinational companies want greater data transparency in their insurance programs, according to Zurich Global Corporate Head of International Program Distribution Petra Riga…

Tide turning on direct insurance

03 March 2014

Many small business owners who buy cover online will consider using a broker, this year’s Vero SME Insurance Index has found…

GI underwriting earnings rise

03 March 2014

General insurance underwriting earnings grew last year as increased premium revenue more than offset claims, according to the Australian Prudential Regulation Authority…