Open data standards move closer
10 March 2008
A meeting in Sydney last week has set the scene for the future introduction of open data standards in the Australian insurance market...
Local
Club Marine sails into NZ market
10 March 2008
Insurance in New Zealand’s booming boating industry has become more competitive with the launch last week of an intensified effort by Allianz-owned Club Marine to grab a bigger share…
HIH judge sets witness deadline
10 March 2008
The NSW Supreme Court has given the HIH liquidator three weeks to provide a final list of key witnesses in its case against several companies and identities...
Cambridge beats CGU to key WorkCover contract
10 March 2008
Claims management provider Cambridge has replaced CGU to manage workers’ compensation for 1400 staff of the Victorian WorkCover Authority…
Shop around for best insurance deal: Choice
10 March 2008
Consumer magazine Choice has advised readers to compare prices and read a few similar policies to ensure they get the best deal in personal lines insurance...
AAIB adds Qld broker
10 March 2008
The Australasian Association of Insurance Brokers has picked up its first Queensland member with the addition of Master Builders Insurance Services...
Sports Underwriting Australia launches footy tipping comp
10 March 2008
Sports Underwriting Australia is offering armchair AFL punters a $10,000 prize kitty in its new footy tipping competition...
Hawker hangs on as the Big Three disappoint
03 March 2008
Insurance is in the news this week for all the wrong reasons, with the three largest local listed players failing to meet their profit expectations thanks to a steep rise in weather-related claims…
Milliner says market has already turned
03 March 2008
The insurance cycle has already started turning up, according to Suncorp's Group Executive Commercial Insurance Mark Milliner.
Mackay claims rise to $163 million
03 March 2008
The Insurance Council of Australia (ICA) has revised the estimated insured losses of the Mackay floods to $163 million as claims continue to mount two weeks after the event.
Still no deal on NTI transition
03 March 2008
IAG says it's "in dispute" with Suncorp over the acquisition of the outstanding 50% of leading truck insurer NTI.
ANZIIF announces new board
03 March 2008
The Australian and New Zealand Institute of Insurance and Finance's (ANZIIF) new board contains a mixture of "new blood and experience", according to CEO Joan Fitzpatrick.
Cluster conference season gets under way
03 March 2008
Steadfast's 10th annual convention kicks off in Adelaide on Saturday, with more than 1300 delegates booked in to attend. Local and international guest speakers will feature in a program covering business, insurance and general interest topics.
West supports CGU premium hikes
25 February 2008
CGU will continue to increase rates across selected commercial and personal lines, says newly installed CEO Duncan West.West supports CGU premium hikes…
Mackay claims on the rise
25 February 2008
A week after the Mackay floods, the Insurance Council of Australia has put claims at $128 million, with about 9500 claims received so far…
New UAC chairman comes out fighting
25 February 2008
Newly appointed Underwriting Agencies Council Chairman Martin McAvenna has issued a bullish defence of his members' role in the insurance industry…
NZ earthquake damage bill rises
25 February 2008
The damage bill from New Zealand's Gisborne earthquake has topped $NZ45 million ($39.2 million) and is still rising…
Kiwi broker saddled with problem
25 February 2008
A NZ jockey has allegedly attempted to blackmail a local insurance broker over a $NZ100,000 ($87,000) bonus…
Insurers take a positive line on flooded Mackay
18 February 2008
As Mackay cleans up after last week's freak downpour, insurers are showing signs of taking an open attitude to claims…
Zurich won’t bend to industry on flood: Smith
18 February 2008
The insurance industry's failure to tackle flood cover is "ridiculous" and exposes a lack of leadership, Zurich CEO David Smith says…