Report: insurers feeling pressure at the margins
28 July 2008
Analysts fear insurance claims are rising at a rate above inflation – but they also believe premium growth will double in the next two years...
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Finalists named for insurance awards
28 July 2008
Finalists for the annual Australian and New Zealand Insurance Industry Awards have been announced, and there are few surprises...
Insurers await Blacktown hailstorm report
28 July 2008
A report into the December hailstorms in western Sydney has been presented to the NSW Premier’s Department and insurers could know by September how it treats them...
NIBA publishes history of its first 25 years
28 July 2008
The National Insurance Brokers Association celebrated the closing months of its 25th anniversary celebrations last week with the launch of a book tracing its development…
Premiums: competition bites
21 July 2008
The commercial insurance market is hardening, but it’s nothing like the savage rises of 2001/02, according to NIBA brokers...
Brokers: WA gas claim payouts likely
21 July 2008
Brokers have moved to reassure WA clients that business interruption claims are likely to be paid if they’ve been affected by the June 3 explosion that knocked out 30% of the state’s…
NZ privatisation plan welcomed
21 July 2008
NZ insurers and brokers now have one big reason to vote for the opposition National Party: it says it might privatise the workers’ compensation insurance if it wins this year’s…
Industry gets behind emissions trading scheme
21 July 2008
The insurance and financial services sectors have backed the Federal Government’s proposal to establish an emissions trading scheme...
Risk management institute appoints inaugural CEO
21 July 2008
The Risk Management Institution of Australasia has appointed its inaugural CEO, Marilyn Forde...
Sydney councils oppose abolition of fire services levy
21 July 2008
Sydney councils have come out swinging against a proposal to axe the fire services levy, arguing the increased cost to ratepayers is unacceptable...
Sydney actuary swims English Channel for the kids
21 July 2008
Sydney Munich Re actuary Kaise Stephan has proved he has the brawn and the spirit to match the brains by swimming the English Channel for charity...
Uncertainty surrounds WA gas claims
14 July 2008
The explosion at Apache Energy’s Varanus Island gas processing facility on June 3 has created uncertainty around the validity of business interruption claims...
Merged ombudsman will stick to its knitting
14 July 2008
The industry’s new mega-disputes resolution body may wield considerable weight within the industries it serves, but it won’t become an advocate for consumers...
Another reshuffle at the top for ICNZ
14 July 2008
The New Zealand Insurance Council is searching for its third president in less than four months following the appointment of IAG NZ CEO Nick Hawkins as the new Sydney-based CFO of the IAG group...
Don’t change home warranty system, says NIBA
14 July 2008
The National Insurance Brokers Association has warned a Senate inquiry into home warranty insurance against changing the way the policy is distributed...
Australian actuaries expand to general insurance
14 July 2008
Insurance statisticians can now call themselves actuaries...
IAG job cuts a sign of wider malaise?
14 July 2008
The increased prevalence of natural disasters and the global credit crunch are putting strain on the insurance industry, a union leader believes...
NSW chooses Warren Tickle winner
14 July 2008
Regional broker Matthew O’Donnell has been named NSW regional finalist for NIBA’s nationwide Warren Tickle Memorial Award...
Flood proposal wins ACCC approval – with strings attached
07 July 2008
The Australian Competition and Consumer Commission says it will approve the Insurance Council of Australia’s common industry flood definition, but has attached some…
Aussie insurers have most to gain from privatising NZ compo
07 July 2008
Australian insurers are in the box seat to benefit if the National Party wins the upcoming New Zealand election and once again privatises the Accident Compensation Corporation…