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Final hurdle in HIH settlement

08 February 2010

Settlement in one of the final HIH Insurance legal actions is being postponed by the demands of a former Arthur Andersen partner to be released from the threat of future legal action…

Gold Coast cops a soaking

08 February 2010

Insurers are already fielding claims after Saturday night’s drenching in Queensland’s southeast, particularly the Gold Coast region where falls of up to 400mm in six hours…

The hard market has arrived

01 February 2010

Insurance premiums are finally marching upwards to avoid a soft market “bloodbath” according to the annual JP Morgan Deloitte General Insurance Industry Survey…

QBE leads broker perceptions

01 February 2010

QBE remains the insurer of choice for brokers, continuing a decade of dominance over its rivals…

New year, new FOS terms of reference

01 February 2010

Insurers and brokers face new dispute rules after the Financial Ombudsman Service marked the new year with the introduction of a unified terms of reference…

Regional neighbours remain a risk

01 February 2010

Credit and political turmoil have coalesced to form a more dangerous world, according to the latest Aon survey measuring global threats…

More softness to come, says Marsh

14 December 2009

Australia’s commercial insurance market has not hardened across the board as expected, and rates seem unlikely to rise soon, according to a new report from mega broker Marsh…

Beware regulatory reaction, says Zurich chief

14 December 2009

Australia’s robust regulatory regime helped Australia weather the worst of the global financial crisis, but there is a danger the regulatory pendulum will swing too far the other way…

Hall of Fame nominates O’Halloran

14 December 2009

QBE Group CEO Frank O’Halloran has been named as a finalist for the US-based International Insurance Society’s 2010 Insurance Hall of Fame…

UAC learns about members

07 December 2009

A survey of Underwriting Agencies Council members has found they employ a total of about 1800 people, with most agencies employing 10 or fewer staff…

New faces on UAC board

07 December 2009

The Underwriting Agencies Council has welcomed three new board members following its AGM last week…