Giant convention delights Steadfast
16 March 2009
The Steadfast annual convention continues to grow, with more than 1550 delegates gathering on the Gold Coast this week...
Local
Insurers holding firm, says KPMG
16 March 2009
Results for Australia’s four large insurers for the six months to December 31 2008 reflect the underlying strength of the sector and positive effect of post-HIH regulation, says...
Insurance disputes rise by a third
16 March 2009
The Financial Ombudsman Service recorded a 45% rise in new disputes across all divisions in the second half of last year...
Climate concern falls but still stronger than economic fears
16 March 2009
Concern for the environment has dropped 20% since 2007 as people shift their focus to Australia’s struggling economy, according to the inaugural Green-Tracker survey...
Workplace fatalities continue to fall
16 March 2009
Latest figures from the Australian Safety and Compensation Council show the number of workplace deaths has fallen more than 25% since 2001 – from 320 to 236 during 2006/07...
AIG restructure: holding clients will test its mettle
09 March 2009
The restructure of AIG in the wake of a $US61.7 billion ($95.8 billion) fourth-quarter loss appears to be providing a more positive way forward for the Australian and New Zealand businesses...
Insurers close in on final bushfire claims
09 March 2009
The insurance cost of last month’s Victorian bushfires now exceeds $1 billion, with about 80% of the loss assessments completed...
ICA non-insurance figures 'misleading'
09 March 2009
The insurance industry has been accused of fudging research figures to highlight non-insurance figures in the wake of the Victorian bushfires...
Cost blowout will delay NZ privatisation
09 March 2009
The NZ Government is unlikely to open state-controlled personal injury accounts in the Accident Compensation Corporation to insurance industry competition in the short term after revealing a $NZ2.6 billion ($2 billion) blowout in costs...
Arrival of hard market is also hard to predict
09 March 2009
Harder market conditions are on the way, but the big question is when they will arrive, according to Marsh GM Placement Services Southern Region, Geoffrey Ferguson...
Bushfire underinsurance adds traction to non-insurance fight
02 March 2009
The insurance industry is demanding state governments act to reverse policies that promote underinsurance and non-insurance...
Bushfire claims continue to mount
02 March 2009
Insurers have processed more than 6750 claims worth $810 million following the Victorian bushfire disaster...
Disasters spark grief and stress among insurance staff
02 March 2009
Insurance workers are feeling the pressure following the Victorian bushfires and North Queensland floods, with the Finance Sector Union reporting high levels of stress in the industry...
Governments to cover bushfire clean up-costs
02 March 2009
The Federal and Victorian governments’ agreement to jointly fund site demolition and clean-up work in areas affected by the Victorian bushfires...
Grain growers question cover
02 March 2009
Policies covering stored grain have come under scrutiny in the wake of last month’s bushfires...
Shrinking dividend incomes adds to squeeze
02 March 2009
Dwindling dividend income – and with it the threat of dwindling capital – is promising yet another headache for insurers battling the economic crunch...
CEOs confident as recession looms
02 March 2009
Australian chief executives are certain their companies will survive the global financial crisis, according to the Australian Institute of Management...
Dial X for accident
02 March 2009
Gen-Xers are the biggest culprits when it comes to talking on mobile phones while driving, an NRMA Insurance survey reveals...
Companies in crisis amid credit insurance vacuum
23 February 2009
Trade credit insurers have withdrawn cover for up to 400 local businesses, threatening the trading future of major Australian firms...
Adjusters unable to reach NSW flood-affected towns…
23 February 2009
Massive floods in NSW towns on the mid-north coast have trapped residents, cutting them off from outside assistance and access to loss adjusters...