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...
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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...
CGU hosts bushfire fundraiser
30 March 2009
CGU went above and beyond its primary role of paying claims to bushfire victims by hosting a glitzy fundraising bash in Melbourne on Saturday night...
New broker category among expanded industry awards
30 March 2009
The annual Australia and NZ Insurance Industry Awards will feature two categories for brokers this year and a new category for underwriting agencies...
West calls for united effort on insurance image
23 March 2009
The insurance industry needs to work together to decide its agenda for the next 10 years, and it must address its image problems, according to CGU CEO Duncan West...
Lloyd’s chief outlines rising D&O risk
23 March 2009
Lloyd’s CEO Richard Ward sees exposure to claims against directors and officers as one of the biggest risks to insurers coming out of the global financial crisis...
Bushfires death toll set at 210
23 March 2009
The death toll from the Victorian bushfires in February has been set at 210...
CEO stood up to Rudd
23 March 2009
A senior industry CEO remonstrated with Prime Minister Kevin Rudd over his comments about insurers’ commitment to helping Victorian bushfire victims, well-informed...
Steadfast convention goes west
23 March 2009
Broker cluster Steadfast will hold its 12th convention in Perth next March, defying persistent rumours that Melbourne was to host the 2010 event...
Midwives protest over PI insurance proposal
23 March 2009
Federal Government moves to introduce compulsory professional indemnity insurance for midwives have hit a snag: the premiums are likely to be too high for most midwives...
ANZIIF insurance industry award entries open
23 March 2009
Applications are now open for the 2009 Australian and New Zealand Insurance Industry Awards...
Drivers want cyclists licensed
23 March 2009
A poll of Brisbane motorists by motor insurer Budget Direct has found 60% of motorists believe cyclists should be licensed...
Clarification
23 March 2009
A report in insuranceNEWS.com.au last week said the cargo ship Pacific Adventurer would be billed for spilling oil in Queensland’s Moreton Bay...
D&O claims on the rise as crisis heads down under
16 March 2009
An increase in litigation and regulatory action resulting from the global financial crisis is expected to result in hefty directors’ and officers’ claims in Australia...