Reserve Bank comfortable with local insurers
29 September 2008
Australian general insurers are generally well insulated from the financial turmoil engulfing the US economy, according to the Reserve Bank of Australia...
Local
HIA defends stance on home warranty insurance
29 September 2008
The Housing Industry Association has defended its controversial stance on home warranty insurance, maintaining the policy works despite being labelled “junk insurance” by builders…
Oil firm wins interim $4.7 million Varanus Island BI claim
29 September 2008
WA oil and gas exploration and production company Tap Oil has won a $4.7 million partial interim business interruption claim relating to the loss of gas supply following…
Allianz flees North Queensland personal lines market
29 September 2008
Allianz Australia has defended its decision to deny North Queenslanders home insurance cover for cyclone, storm and flood damage...
Aussies unsure about road rules
29 September 2008
A survey from car insurer Budget Direct reveals Victoria has an important skills shortage – many drivers don’t know the road rules...
Statement from AIG Australia
23 September 2008
Brokers need to weather the AIG storm
22 September 2008
Local brokers should not panic and shed business placed with AIG Australia as the US parent recovers from the brink of collapse, according to a senior broker...
Local subsidiaries stay the course despite US jitters
22 September 2008
The parent company may be under the pump but it’s business as usual for the foreign-based subsidiaries of AIG...
QBE wins seventh straight insurer of the year title
22 September 2008
QBE has won its seventh straight NIBA General Insurer of the Year accolade at the NIBA Convention in Darwin...
Zurich boss disappointed at sunk flood definition
22 September 2008
Zurich Financial Services Australia CEO David Smith is disappointed that an industry approach to a common flood definition for now appears dead and buried...
Credit insurance claims hit record high
22 September 2008
Credit insurance claims are increasing across almost all industries, according to Australia and NZ’s largest credit insurance broker and risk manager...
Steve Ball wins NIBA lifetime achievement award
22 September 2008
Jardine Lloyd Thompson senior executive Steve Ball has been awarded NIBA’s Lex McKeown Trophy for outstanding service to broking and the association...
Young WA broker takes top award
22 September 2008
WA broker Ian Poustie has been named winner of the Warren Tickle Memorial Award for young brokers...
ANZIIF launches scholarship, website
22 September 2008
The Australian and New Zealand Institute of Insurance and Finance has launched its new Generation i website, www.theinstitute.com.au/gen-i...
NIBA adopts a new image
22 September 2008
NIBA has revealed a new corporate image at its convention in Darwin...
Insurers to be hit by weather and weaker economy
15 September 2008
Severe weather events are no longer unusual and insurers’ pricing models must reflect this, according to KPMG...
Methane leak payouts unlikely
15 September 2008
The insurance industry is likely to find itself dragged into the case of a Melbourne suburb that is sitting on leaking methane gas...
Insurance boost to avoid another equine flu disaster
15 September 2008
As Melbourne gears up for its iconic spring racing carnival, it’s taking out a $100 million insurance policy against an equine influenza outbreak similar to the one that last year…
Car thieves turning to motorbikes
15 September 2008
A steady decline in the number of passenger/light vehicle thefts has been recorded over the past year, but motorcycle thefts are rising…
AAMI is seeing stars
15 September 2008
And now to the horoscopes… AAMI has found moody Cancerians, unpredictable Aquarians and fatalistic Capricorns are more likely to crash their cars than other astrological star signs...