Long-tail reform requires light touch: Pearce
21 August 2007
Reforms to long-tail liability laws will be no easy matter as business productivity is balanced against the rights of personal injury claimants…
Local
NZ looks at warranty scheme
21 August 2007
New Zealand house builders have cast doubt on a Government proposal to make them take out builders’ warranty insurance…
IBANZ elects new board
21 August 2007
The Insurance Brokers Association of New Zealand has a new board of directors following its AGM in Wellington on Sunday…
Commercial premiums continue slide
14 August 2007
Insurance premiums are almost certain to continue their four-year slide into the near future, with analysts predicting more pain for insurers in the fiercely competitive domestic market…
CGU under pressure on flood claims
14 August 2007
IAG subsidiary CGU Insurance has copped a media broadside for rejecting claims in Victoria’s flood-ravaged Gippsland region…
Average cyclone season tipped
14 August 2007
Average sea temperatures are leading scientists to predict the 2007/08 Australian cyclone season will be on a par with last year…
Bank on India’s growth: Truss
14 August 2007
Rampant growth in the Indian economy is spawning opportunities for Australia’s financial services sector, Trade Minister Warren Truss says…
Critics slam NZ emergency levy
14 August 2007
The NZ Government is under mounting pressure to modify or dump plans to radically overhaul fire services and how they are funded, according to the Insurance Council of New Zealand…
Merger talk scuttled
14 August 2007
Is the Insurance Council of Australia planning a merger with its New Zealand counterpart..?
Premium cuts cause concern…
07 August 2007
The so-called premium wars in the Australian market may be causing instability, according to the local offshoot of one of the world’s most diversified global players…
… but APRA says insurers are solid
07 August 2007
The financial strain of Cyclone Larry has yet to be felt by insurers, with industry profits up and claims stable in the latest snapshot by the Australian Prudential Regulation Authority…
No exemptions for foreign insurers, yet
07 August 2007
Insurers, brokers and businesses have been given their first glimpse of how new rules regulating direct offshore foreign insurers will operate from next year…
Storm vehicles receive duty refund
07 August 2007
Government rebates on storm-damaged vehicles in the Hunter Valley and Central Coast regions have been eagerly embraced by motorists…
Aon and QBE top awards list
07 August 2007
Aon Australia has been named Broker of the Year for the third successive year at the Australian and New Zealand insurance industry awards in Sydney…
Show me the money: employees
07 August 2007
The gulf between what employees want and what employers are willing to give them is widening, according to specialist recruiter Hays…
Aon Re scholarship winner named
07 August 2007
David Chan of Guild Insurance has been awarded the Aon Re Scholarship for 2007…
New leader, same fire taxes mindset
31 July 2007
Don’t expect new Victorian Premier John Brumby to be making moves to dismantle his state’s web of insurance taxes – he’s been one of their strongest proponents…
Flood costs expose non-insurance
31 July 2007
The insurance cost of storms in NSW and Victoria has topped $800 million, according to the Insurance Council of Australia…
Premiums unlikely to rise: analysts
31 July 2007
The natural disasters in NSW, Victoria and the UK are unlikely to spur a premium increase in the short term, according to industry analysts…
Premiums continue to fall in market share war
24 July 2007
Insurers are showing no signs of slowing their aggressive pricing, with commercial rates taking another dive in the past six months, according to the latest broker survey…