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Hard market yet to emerge

13 July 2009

An ample supply of capital has delayed the arrival of a hard market, despite rate rises in most general insurance classes, according to a new report…

Second major insurer exits home warranty market

13 July 2009

The privatised home warranty insurance market has been rocked by the withdrawal of CGU, which yesterday become the second insurer in two weeks to announce its exit from the market…

Opportunities arising, says Berkley

13 July 2009

The global property/casualty industry is well situated to take advantage of opportunities arising from the global financial crisis, according to legendary US businessman WR (Bill) Berkley…

Victorian farmers attack insurance taxes

13 July 2009

The Victorian Farmers Federation has weighed into the insurance taxes debate, calling the impost on farmers “a disgrace” and demanding a move to a broad-based funding system…

Oil spill clean-up an insurance nightmare

13 July 2009

Australia’s shipping industry has backed the company involved in the Moreton Bay oil spill in March, hitting out at the Queensland and federal governments over their demand it pay all clean-up costs…

Bushfires inquiry wraps up

13 July 2009

The Victorian Government has been slammed in the final week of the Bushfires Royal Commission…

Insurers join ACT bushfires action

13 July 2009

Insurers representing thousands of plaintiffs over the 2003 Canberra bushfires will join a class action against the ACT and NSW governments…

Aussies scrimping on travel insurance

13 July 2009

Australians are foregoing insurance when they travel because of concern about the global financial crisis, according to research from direct insurer 1Cover…

Two more Warren Tickle finalists named

13 July 2009

Two regional finalists for NIBA’s Warren Tickle Memorial Award have been named, with Queensland and SA announcing state winners at functions on Friday…

Bank controls premium funder’s fate

06 July 2009

Premium funder Centrepoint Alliance has initiated a major restructure to avoid going into run-off after Wesfarmers Insurance dropped its preferred funding agreement with the company...

AAMI goes national with move west

06 July 2009

Suncorp brand AAMI has launched in WA in an attempt to gain a foothold in the state’s direct personal lines market, which is dominated by two insurers...

ANZIIF industry award finalists named

06 July 2009

Finalists for the Australia and New Zealand Insurance Industry Awards have been announced, with brokers and underwriting agencies vying for new titles...

Perth insurers battered by storms

06 July 2009

Insurers are counting up a comparatively big claims bill after Perth was battered early last week by three days of wild weather...

Bushfire policy stays, with refinements

06 July 2009

Lawyers for the Victorian Government at the Bushfires Royal Commission are supporting recommendations for an overhaul of the controversial “stay or go” policy...