NIBA backs retention of terrorism pool
11 May 2009
NIBA has backed the ongoing operation of the national mandatory terrorism insurance scheme...
Local
Peter Corrigan award entries open
11 May 2009
Organisers of the Peter Corrigan International Exchange Awards are on the lookout for the insurance industry’s rising young stars...
NZ mutiny yacht reaches Queensland
11 May 2009
Air Apparent, the small yacht abandoned off the north coast of New Zealand last year when the crew allegedly mutinied and set off a distress beacon, has been recovered...
Victorians face extra $45m fire services tax
04 May 2009
Victoria’s Budget will be handed down tomorrow – and it may have an unpleasant surprise in it for the state’s insurance-buyers...
Exclusions should limit swine flu impact
04 May 2009
As the world braces for the social and economic implications of the H1N1 swine flu pandemic, the insurance industry isn’t joining in the general panic...
Kiwis give thumbs up to prudential regulation bill
04 May 2009
New Zealand insurers have given their initial approval to draft prudential supervision legislation as reform of the previously unregulated industry continues...
NIBA seeks member support for ad campaign
04 May 2009
The National Insurance Brokers Association has proposed a $1.8 million national advertising campaign to promote the value of insurance brokers to the public...
Innovative insurance products win awards
04 May 2009
Real Insurance and Australian Unity have topped the industry in terms of innovation, taking out excellence awards from highly regarded financial data and ratings provider Cannex...
Insight conference registrations flow in
04 May 2009
This year’s Insight Insurance Brokers Association annual conference is being well supported in the face of sober economic times...
CQIB convention a hit with Queensland brokers
04 May 2009
It was a weekend of sun, surf and seminars for more than 400 brokers and other industry professionals who converged on Moreton Island for the...
Institute waives fee to lure new members
04 May 2009
The Australian and New Zealand Institute of Insurance and Finance is offering to waive election fees in a bid to boost membership...
Faulty car purchases on the rise
04 May 2009
Half of the second-hand cars being sold in Australia are encountering major mechanical problems, according to a survey by car insurer Budget Direct...
Bushfire liability could reach $800 million
27 April 2009
Power line failures caused at least six of the February Black Saturday bushfires, with insurers likely to become involved in damages claims worth up to $800 million...
Insurance Ombudsman calls it quits
27 April 2009
Insurance Ombudsman Sam Parrino has resigned from the new Financial Ombudsman Service, with Chief Ombudsman Colin Neave taking over the role this week...
Uninsured may have died defending homes from bushfires
27 April 2009
A senior claims expert says a lack of insurance may have encouraged some Victorians to make a fatal decision to stay and fight the Black Saturday fires...
HIH liquidator settles for $98 million from General Re
27 April 2009
HIH liquidator Tony McGrath has been given the green light to accept a $98 million settlement from reinsurer General Re in an ongoing process which will take at least another three years to play out...
Hardie case shines light on D&O insurance
27 April 2009
Successful civil penalty proceedings brought by the Australian Securities and Investments Commission against former James Hardie directors and executives are likely to put further pressure...
Drains under scrutiny in wake of Coffs Harbour deluge
27 April 2009
Maintenance of drains is looming as a hot issue on the NSW mid-north coast as the area continues to recover from the March deluge that caused massive damage...
Aon survey shows risk mounting for local businesses
20 April 2009
Aon’s 2008/09 Australasian Risk Management benchmarking survey has confirmed risk is a top concern among businesses looking to survive the financial downturn...
NSW deluge: looks like it’s storm, not flood
20 April 2009
With reports from hydrologists and adjusters still coming in following the NSW mid-north coast deluge in late March, insurers are expected to mostly rule in favour of storm over flood and pay claims...