Insurers avoid financial crisis
08 September 2008
The general insurance industry has managed to escape the worst of the current global financial crisis, despite its increased involvement in capital markets...
Local
GIO clears up confusion over flood cover
01 September 2008
GIO has moved to clear up confusion over its new automatic flood cover policy...
Statistics confirm premiums on the increase
01 September 2008
New figures from the Australian Bureau of Statistics confirm what the industry has been saying for at least a year – personal lines premiums are on the rise...
Sydney most costly for insurance
01 September 2008
A survey of Australia’s best home and contents insurance deals shows that Sydney residents on average pay 26% more than Melbournians and 48% more than Hobart residents…
TAC denies CEO forced out by insurance rort
01 September 2008
Victoria’s Transport Accident Commission has denied claims that outgoing CEO Paul O’Connor quit over an alleged $7 million insurance scam...
Work under way on Beechwood Homes
01 September 2008
Vero has dismissed talk of a rift with the new owner of collapsed home building firm Beechwood Homes...
Ombudsman urged to explain ‘fair and reasonable’
01 September 2008
The insurance industry needs more clarification of what is “fair and reasonable” when it comes to making decisions on disputed claims...
Women drivers do less damage, says NZ survey
01 September 2008
New Zealand research has revealed women make more car insurance claims than men, but the boys do the most damage...
Deadline for IBANZ awards nominations extended
01 September 2008
The Insurance Brokers Association of New Zealand has agreed to industry requests for more time to prepare nominations for the General Insurance Industry Awards...
ANZIIF calls for global standards, single institute
25 August 2008
The Australian and New Zealand Institute of Insurance and Finance has called for uniform international insurance standards to enable the industry to cope with future challenges...
ICA promises common flood definition is no exclusion tool
25 August 2008
Insurance Council of Australia CEO Kerrie Kelly has defended the controversial common industry flood definition, saying it will improve rather than restrict access to flood cover...
Innovation needed to deter foreign competitors
25 August 2008
Australia’s insurance market is under threat from international insurers unless the local market is prepared to innovate, a business development expert says...
Russell holds top post at IBANZ
25 August 2008
Richard Russell has been elected President of the Insurance Brokers Association of New Zealand for a third year...
NZ market hardening, say brokers
25 August 2008
Premium rates in the New Zealand market are hardening across the board, according to brokers at the IBANZ conference...
Beaconsfield loses battle over claim
25 August 2008
The owners of Tasmania’s Beaconsfield gold mine, scene of the dramatic 2006 rescue of two miners trapped by a rock fall, has lost its court battle with QBE for a $45.5 million claim...
Queensland firefighters get water-bomber assistance
25 August 2008
With experts predicting the most active bushfire season in 15 years, the Queensland Government is spending $3.1 million to secure the services of three Squirrel water-bombing…
Victoria/Tasmania young professional finalist chosen
25 August 2008
Mark Van Der Haar has won the Victorian/Tasmania final of the Warren Tickle Memorial Award. He is Director and Manager of Affinity Services at Phillips Financial Services in Melbourne...
ANZIIF launches how-to course for tradies
25 August 2008
Service providers carrying out insurance repair work should have a better grasp of correct compliance procedures following the release of a new short course...
Absent-minded drivers take their toll
25 August 2008
Almost half of all crashes on Australian roads could be averted if drivers simply paid more attention, according to insurer AAMI’s annual Crash Index...
Bowen promises close scrutiny of insurance taxes
18 August 2008
It’s official: the Federal Government’s review of taxation will look closely at insurance taxes in order to “potentially remove the barriers to better insurance”...