Merger talk scuttled
14 August 2007
Is the Insurance Council of Australia planning a merger with its New Zealand counterpart..?
Local
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…
No insurance on $500 million tank purchase
24 July 2007
Nearly 60 Abrams battle tanks purchased from the US could have been lost at sea without compensation after it was revealed the $500 million contract did not include marine insurance…
AAMI customers safe from hackers
24 July 2007
Hackers who took over AAMI's website on Friday didn't access sensitive customer records or account details, the insurer said yesterday…
Full Warren Tickle field named
24 July 2007
State finalists in the NIBA Warren Tickle Memorial Award for young brokers will undertake a "group project" and learn new personal skills during their judging in Sydney in July…
Lawyers rally against national compensation scheme
24 July 2007
Lawyers opposing the idea of a nationwide workers' compensation scheme say any attempt to nationalise the system will produce a hodge-podge of "lowest common denominator"…
ACCC turns blame on insurers for flood farce
17 July 2007
The insurance industry is to blame for confusion over flood definitions, according to Australian Competition and Consumer Commission Chairman Graeme Samuel…
Insurers ‘ignored Bracks plea’
17 July 2007
Victorian Government pressure to approve claims in the Gippsland region was ignored by the industry, the Insurance Council said last week…
Zurich chief calls it quits
17 July 2007
Anthony Day, Zurich Australia’s GM General Insurance, has resigned from the company and will leave at the end of September…
Training body closes its doors
17 July 2007
The financial services sector’s peak body for education and training has announced its closure due to a lack of funding from the Federal Government…