QBE grabs another gong
27 October 2008
QBE has taken out the top award at the Australian Banking and Finance Magazine Insurance Awards in Sydney...
Local
Insurers dominate personal injury awards
27 October 2008
Insurers have dominated the 2008 Excellence in Personal Injury Management Awards...
Parking prangs rack up $43 million
27 October 2008
NRMA Insurance has taken in 27,000 claims for parking accidents in NSW in the past year – and it says most occur in shopping centres...
NSW broker ‘lucky’ over fake policies
20 October 2008
A NSW insurance broker who sold fraudulent policies to sporting organisations is a lucky man, according to a leading consumer protection advocate...
Rates heading up, say brokers
20 October 2008
Insurance brokers are predicting across-the-board rate increases during the December renewals period...
Local insurers doing okay as US jobs start to go
20 October 2008
Some Australian financial services companies will have to restructure following the global financial crisis, but financial market volatility is yet to be felt locally...
NSW regulator wants fire services levy scrapped, stamp duty cut
20 October 2008
The fire services levy in NSW is closer to being extinguished after the state’s economic regulator released a damning final report on state taxation last week...
Insurers want NSW to drop insurance protection tax
20 October 2008
The Insurance Council wants the NSW Government to immediately abolish the insurance protection tax used to levy insurers after the collapse of HIH Insurance...
Suncorp pays out executives after merger
20 October 2008
Promina executives found to be surplus to requirements following the $7.9 billion merger with Suncorp last year were the main beneficiaries from an $8 million severance payouts bill...
Brokers optimistic despite economic gloom
13 October 2008
Insurance brokers are upbeat about future growth prospects despite gloomy economic conditions, according to a new survey by Macquarie Relationship Banking...
Report reveals major economic gain from stamp duty removal
13 October 2008
An industry report reveals major economic efficiencies can be gained from abolishing insurance stamp duty...
Research predicts early start to bushfire season
13 October 2008
Lack of rainfall and dry conditions across the country have increased the risk of intense bushfires as well as the potential for fires to strike earlier than usual...
NIBA attacks insurance tax
13 October 2008
NIBA has attacked the ongoing heavy taxation of insurance in a submission to the Federal Government review of Australia’s tax system...
Tougher times a plus for premium funders
13 October 2008
Brokers’ clients are returning to premium funding as their preferred method of paying for insurance, according to Macquarie Premium Funding CEO Gary Seymour...
NIBA supports IBDL move into FOS – in principle
13 October 2008
NIBA will support the convergence of Insurance Brokers Disputes Ltd into the Financial Ombudsman Service as long as brokers are not disadvantaged…
AIG keeps focus on local growth
06 October 2008
It’s official – AIG intends to remain as a significant player in the Australian insurance market, and its aggressive strategy of moving into new market segments is being retained...
Insurance shares the pick of the bunch
06 October 2008
The US financial crisis and resultant slide in the Australian stock market has seen local insurance shares emerge as diamonds in the rough...
Providers clash over home warranty insurance
06 October 2008
The ongoing Senate inquiry into home warranty insurance has sparked a verbal stoush between public and private providers of the product...
Mercer man wins Actuary of the Year
06 October 2008
The Institute of Actuaries of Australia has named Sydney executive Darren Wickham as actuary of the year...
AAMI survey reveals road rage is rampant
06 October 2008
Road rage is on the increase in Australia, according to a survey by insurer AAMI...