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Competition dampens commercial rates: Aon

21 October 2013

Increased competition has kept pressure on commercial premiums and provided a favourable environment for insurance buyers this year, according to an Aon Australia report…

Home and contents premium rises ease

21 October 2013

Spiralling home and contents premiums have slowed amid a drop-off in natural catastrophes, according to research group Canstar…

Ignore personal lines and lose SMEs, brokers warned

21 October 2013

Brokers can compete with online sellers in personal lines and should see these products as an opportunity to build their relationship with business customers, according to a leading broker…

Aon challenges insurers to innovate

14 October 2013

The influx of capital to the insurance market is enabling insurers to keep rates down, but they could also be using the extra capacity to develop new covers, a senior Aon manager says…

Suncorp backs switch to no-fault CTP

14 October 2013

The forthcoming National Injury Insurance Scheme provides a “rare window of opportunity” to reform personal injury cover, according to Suncorp EGM Statutory Portfolio Chris McHugh…

Final appeal on Bridgecorp to begin

14 October 2013

The Bridgecorp case will near the end of the line on Thursday, as New Zealand’s highest court hears arguments on access to directors’ and officers’ policy proceeds…

Car thefts dip, revised figures show

14 October 2013

The number of passenger and light commercial vehicle thefts dropped 7% to 45,764 last financial year, according to revised data…

One in four lacks natural catastrophe cover

07 October 2013

Almost a quarter of Australians say they have no insurance for natural catastrophe damage, while another 13.1% are unsure if they have cover, according to a survey by Swiss Re…

NZ court dismisses Hanover appeal

07 October 2013

Hanover Group Holdings has lost a Court of Appeal case against AIG NZ over directors’ and officers’ cover for prospectus information…