19 July 2010
The general insurance industry is making slow but steady progress, with profitability well away from the halcyon days of 2003-07, according to a report by actuarial consultants Finity Consulting…
19 July 2010
Friends and colleagues from around the world today farewelled one of Australia’s most highly regarded insurance brokers, Frank Earl, who died last week…
19 July 2010
Soft market conditions dominated the June renewal season, with discounts generally available across the commercial portfolio, according to major broker Marsh…
19 July 2010
The Financial Ombudsman Service has warned consumers they may not be covered for flood damage to their home and contents…
12 July 2010
The Cooper Review of Australian superannuation has proposed significant changes to the delivery of life insurance, aiming to clear up confusion and maximise investor returns…
12 July 2010
Hot on the heels of Allianz UK winning the British Insurer of the Year awards last week, Allianz Australia has been named as a finalist in the Australian and New Zealand Insurance Industry Awards…
12 July 2010
QBE and Calliden have stepped in to ensure the ongoing viability of the privatised builders’ warranty insurance scheme in South Australia following the departure of Vero from the market…
12 July 2010
Retail giants Myer and Woolworths are following Australia Post, Coles and Kmart into the personal lines insurance market…
12 July 2010
Lehman Brothers Australia and a group of 70 local councils are locked in mediation talks in Sydney in a bid to resolve issues surrounding a $200 million loss suffered during…
05 July 2010
Premium rates will not harden locally while global reinsurance markets remain flush with capital, according to JLT Australia CEO Leo Demer…
05 July 2010
The Australian Prudential Regulation Authority has released its latest report on policies and claims for professional indemnity and public and product liability insurance…
05 July 2010
Travel insurance claims arising from the intermittent eruption of the Eyjafjallajokull volcano in Iceland might still be recognised – depending on the insured’s ability to foresee the unforseen…
05 July 2010
Australia’s reluctance to use public-private partnerships to mitigate the risk of natural catastrophes could be set to change following talks between global experts and government authorities…
05 July 2010
A Melbourne insurance broker has criticised Allianz Australia for limiting free motoring benefits to direct insurance customers…
05 July 2010
Allianz Australia MD Terry Towell has revealed how the insurer’s global reach has helped his company to respond to major hailstorms in Melbourne and Perth…
05 July 2010
A survey of personal lines car insurers by comparison website RateCity has identified a disparity of almost $1000 in rates offered to drivers in Melbourne…
28 June 2010
Insurance brokers have confirmed publicly what they have always suspected privately – their profession is among the hottest in the workforce…
28 June 2010
The emergence of underwriting agencies is helping to counter the “top-heavy” nature of the Australian general insurance market, according to Lloyd’s Asia-Pacific Regional Manager Keith Stern…
28 June 2010
The director of a new private insurance fraud hotline says the service is intended to fill an industry void and is not designed to make money…
21 June 2010
Insurers have taken a rational approach to a bevy of natural catastrophes this year in setting June 30 renewals, according to insurance brokers…