NSW council battles Lehman Bros over insurance
18 May 2009
A NSW local council has won the right to proceed with its attempts to access the insurance policies of US investment bank Lehman Brothers to recoup $29 million that it lost...
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Swine flu scare exposes vulnerabilities
18 May 2009
As the World Health Organisation revises up its H1N1 swine flu death toll for Mexico to 72 from 45 and adds Australia’s one reported case to 8480 in 39 countries, mega-broker Marsh...
Unease over proposed FOS terms of reference
18 May 2009
The Financial Ombudsman Service’s proposed new terms of reference has sparked concern among industry leaders, with a “significant number” of submissions received...
SA motorists pay the price for downturn
18 May 2009
South Australian vehicle-owners will pay up to 8.5% more for compulsory third party insurance this year, thanks to the downturn in investment markets...
Budget awards midwives indemnity
18 May 2009
The Federal Government has included subsidised medical indemnity insurance for midwives working in hospitals and private practices in the 2009/10 Budget announced last week...
ANZIIF names its top students
18 May 2009
The Australian and New Zealand Institute of Insurance and Finance has recognised seven of the industry’s best and brightest in its annual Student of the Year Awards...
Premium increases fail to materialise
11 May 2009
Sweeping rate increases being spruiked by local insurers over the past year haven’t happened yet, according to Pacific Premium Funding Chairman Grant Burley...
Swine flu: industry watches and waits
11 May 2009
While the swine flu outbreak has been milder than originally feared when it first emerged late last month, the local insurance industry is continuing to monitor developments closely...
Insurers ponder $215 million Vic emergency services boost
11 May 2009
The Victorian Government’s record $215.5 million budget increase for state emergency services was announced last Tuesday, but the insurance industry is still considering...
No snub from royal commission, says NIBA
11 May 2009
The National Insurance Brokers Association will press ahead with its campaign over excessive taxes on insurance, even if it won’t be raising the issue before the Victorian Bushfires Royal Commission...
Insurance sector doing better than most: survey
11 May 2009
Australia’s insurance industry is faring better in the economic crisis than other financial service sectors, according to specialist recruitment firm Hays...
Financial services not ready for climate change
11 May 2009
The financial services industry has some way to go before it is ready for the impacts of climate change, according to a report by the Financial Services Institute of Australasia...
NIBA backs retention of terrorism pool
11 May 2009
NIBA has backed the ongoing operation of the national mandatory terrorism insurance scheme...
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...