AIMS kicks off at Coolum
20 April 2009
The insurance conference season is in full swing, with the Austbrokers-IBNA Marketing Services event kicking off last night at Queensland’s Hyatt Coolum resort...
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Piracy triggers tenfold premium increases
20 April 2009
A spike in piracy incidents has seen kidnap and ransom insurance premiums increase tenfold since last October, according to Aon Risk Services...
Credit insurance claims continue to soar
20 April 2009
Trade credit insurance claims are continuing to rise, with insurer Atradius and brokers saying the economic downturn is biting hard...
Home warranty up as insurers face client anger
20 April 2009
Home warranty insurers have angered clients by charging up to 45% more for premiums and imposing higher security demands on builders...
Travel insurance booms during economic crisis
20 April 2009
More Australians are buying travel insurance than ever before and instead of foregoing travel are opting for cheaper overseas holidays as the economy weakens...
Hard times likely to fuel lift in motor theft, fraud
20 April 2009
The economic downturn has prompted a warning on the expected rise in motor vehicle theft and related insurance fraud...
Lean year forecast for insurance industry
06 April 2009
Australian general insurers are set for a lean year according to analysts who believe the industry will be hit by falling profits and further job cuts...
Industry praised – but more work ahead
06 April 2009
Aon Risk Services CEO Steve Nevett wants the industry to improve its response to fire, flood and pestilence...
Storm or flood in Queensland and NSW?
06 April 2009
The weekend deluge in south-east Queensland, on top of last week’s flooding on the mid-north coast of NSW, will keep claims specialists busy in the week ahead...
Climate change just one aspect of sustainability, says IAG chief
06 April 2009
IAG CEO Mike Wilkins says his company knows what “sustainability” really means...
AICLA training enrolments soar 45%
06 April 2009
The Australasian Institute of Chartered Loss Adjusters has reported a 45% increase in training enrolments following international efforts to promote its qualifications...
Vero NZ heads for Supreme Court over leaky apartments
06 April 2009
Vero New Zealand will rely on a standard policy exclusion to beat a NZ Supreme Court challenge from a property developer...
Share the liability load, says risk manager
06 April 2009
Market conditions have nothing to do with it – insurers and their clients have a shared responsibility to effectively manage liability risk...
Nominations open for IBANZ awards
06 April 2009
The Insurance Brokers Association of New Zealand is calling for nominations as it gears up for its annual general insurance industry awards...
Confirmed bushfires toll drops to 173
30 March 2009
The death toll from Victoria’s Black Saturday bushfires has been revised down from 210 to 173...
85% of bushfire dead had no life cover, says insurer
30 March 2009
A lack of life insurance among the 210 victims of Victoria’s Black Saturday bushfires is even worse than the estimated 30% who had no property insurance...
Oil spill claims face $17 million cap
30 March 2009
A cap on insurance payouts will apply to the clean-up costs of the container ship Pacific Adventurer, which spilled 250 tonnes of oil off Queensland’s Moreton Island early this month...
NZ drive for CTP hits the brakes
30 March 2009
The combination of a new National Party government and the global economic crisis appears to have quelled New Zealand’s push for compulsory third party vehicle damage cover...
Former insurance executives spread their wings
30 March 2009
Insurance executives make good non-executive directors, according to a new study by financial research group Riskmetrics...
WA set to overhaul workers’ compensation
30 March 2009
WA Commerce Minister Troy Buswell has announced a review of the state’s workers’ compensation regime with the aim of creating “modern and responsive” legislation...