Australia’s eroding coasts identified
10 August 2009
The insurance industry and local planners will be better able to assess the risk of erosion along Australia’s coasts thanks to a new mapping tool…
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APRA announces 2009 scholarships
10 August 2009
The Australian Prudential Regulation Authority has named the recipients of four scholarships promoting financial sector research…
Run-off company’s collapse causes confusion
03 August 2009
A judicial manager has been appointed by the Federal Court following the collapse earlier this year of Transpacific Insurance Corporation, which may have left some run-off claims…
Queensland spill bill rage continues
03 August 2009
The shipping company responsible for the Moreton Bay oil spill has met with the Federal Government to discuss payment for the clean-up…
Insurance industry award winners named
03 August 2009
Allianz Australia has been named General Insurance Company of the Year at the Australia and New Zealand Insurance Industry Awards…
European bushfires spark prevention talks
03 August 2009
A Federal Opposition MP wants Australia to adopt before the next fire season a new automated bushfire detection system that uses technology developed to map the surface of Mars…
Munich Re forecasts higher Australian bushfire risk
03 August 2009
Munich Re sees an increasingly risky time ahead for bushfire-prone areas of Australia…
Victoria names Warren Tickle winner
03 August 2009
OAMPS Insurance Brokers Account Executive Robert Richard is the Victoria/Tasmania regional finalist for NIBA’s nationwide Warren Tickle Memorial Award…
NIBA survey confirms premiums on the rise
27 July 2009
Insurance premiums have continued to climb gradually upward, according to the National Insurance Brokers Association’s half-yearly market survey…
Innovation needed for growth
27 July 2009
Innovation is the way to go as the industry moves through a period of slow growth and tight margins, according to speakers at the Australian Insurance Summit in Sydney on Friday…
Queensland threatens maritime convention
27 July 2009
The Queensland Government has rejected an offer by the shipping company responsible for the Moreton Bay oil spill in March…
Cloud hangs over builders’ warranty market
27 July 2009
Uncertainty continues to surround the builders’ warranty insurance market, with major builders holding crisis talks in Melbourne last week…
Actuaries chief heads to Switzerland
27 July 2009
The search is on for a new CEO at the Institute of Actuaries of Australia following the resignation of John Maroney after three years in the position…
Peter Corrigan award winners named
27 July 2009
Two bright young insurance industry stars have been named winners of the Peter Corrigan International Exchange Awards…
NZ quake damage cost rises
27 July 2009
Damage claims from the powerful earthquake off the southwest coast of NZ on July 15 have risen to 1995, costing an estimated $NZ3.66 million ($2.93 million)…
Financial services keeps inflation low
27 July 2009
As news spread that Australia’s inflation rate picked up in the last quarter – but only slightly – the financial and insurance services sector has been blamed for contributing to the low rate…
Cash settlements reveal Black Saturday dilemma
20 July 2009
Insurers are keen to get as far away from the Black Saturday rebuilding efforts as possible before the extent of underinsurance is revealed, a loss adjusters’ seminar was told last week…
Three insurers stay in home warranty market
20 July 2009
The three remaining builders’ warranty insurers have signalled their intention to take on extra capacity after Lumley Insurance and CGU announced plans to depart the market…
Education is the answer: CGU
20 July 2009
CGU has called for a joint industry/government education program to help tackle underinsurance…
Residents spared as big quake rocks NZ
20 July 2009
A powerful earthquake measuring 7.8 on the Richter scale has caused little harm to people or property in the South Island of New Zealand…