Industry receives Gen Y warning
05 May 2008
A social demographer has warned businesses they have to reach out to the younger generation to ensure Australia’s future...
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Clean bill of health for medical indemnity premiums
05 May 2008
Premiums for medical indemnity insurance are decreasing and the financial viability of insurers is strong, an ACCC report reveals...
IAG defiant despite downgrades
28 April 2008
IAG this morning downgraded its insurance margin due to wild weather and the subprime credit crunch...
Market debates QBE’s game plan
28 April 2008
QBE’s strategy in its $7.43 billion cash and scrip play for IAG has divided the market, with the timing and substance of last week’s restated proposal leaving many analysts…
It’s not a bid – yet
28 April 2008
Media organisations describing the QBE move as a “bid” are likely to be hearing from IAG, which is insisting journalists get it right...
Allianz boss warns of DOFI loopholes
28 April 2008
Allianz Australia MD Terry Towell has criticised the new direct offshore foreign insurers legislation as a mirage with “loopholes within loopholes”...
Brokers list the things they like
28 April 2008
Claims are No 1 on general insurance brokers’ hit parade, according to Zurich Australia...
Harmer takes up key Lloyd’s role
28 April 2008
Former Aon Australia CEO Peter Harmer has wasted little time in making his mark in the London market...
Insurance representative pushes financial literacy
28 April 2008
Insurance representatives at the Prime Minister’s 2020 Summit have helped come up with some of the Government’s “big ideas”…
IAG: it’s all about the price QBE is prepared to pay
21 April 2008
QBE’s long-expected move on the No 2 local insurer, announced last week, is dominating industry news...
Consumers worried about competition impact
21 April 2008
Consumer groups are worried that a merger of IAG and QBE will increase rates and reduce competition...
QBE and IAG alone on the dancefloor
21 April 2008
QBE is unlikely to face any competition in its takeover bid for IAG, according to analysts...
D&O hardens as subprime bites
21 April 2008
The D&O market is hardening as a result of the subprime credit crunch, a leading PI broker says…
No easy solution over DOFIs
21 April 2008
Insurers influenced the decisions by Assistant Treasurer Chris Bowen related to direct offshore foreign insurers, according to NIBA CEO Noel Pettersen...
Kiwi car importers put anti-theft law on hold
21 April 2008
A popular car theft deterrent is the centre of a court battle in New Zealand, with vehicle importers winning an injunction in the High Court to halt the introduction of a new…
… and ‘mutiny’ sailor gets his claim paid
21 April 2008
NZ yachtsman Bill Heritage, whose claim for the loss of his boat in a crew “mutiny” was initially refused by AMP, will now have the claim paid...
AAIB recognises rising star
21 April 2008
Affinity Insurance Services Director Jacob Ross has won the Norm Dyer Award of Excellence at the AAIB annual conference...
Treasury ignores pleas for DOFI delay
14 April 2008
The Federal Government has rejected NIBA’s call for a delay in the introduction of the direct offshore foreign insurer legislation, which is due to come into effect on July 1...
Money laundering law threatens funding business
14 April 2008
Insurance premium funding is under threat from anti-money laundering legislation which encourages clients to pay premiums in one hit…
Promina resurrected in IAG rebuild: analysts
14 April 2008
IAG’s reorganisation into two operating divisions with a new division added to get serious about online business has earned praise from the investment community...