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Smash repairers wary of merger outcome

21 November 2006

Smash repairers in Queensland say they have no objection to the proposed merger of insurers Suncorp and Promina, although they have made a confidential submission…

Reinsurer agreements a boon for exporters

21 November 2006

The Federal Government’s export credit agency, Export Finance and Insurance Corporation, has signed a reciprocal reinsurance agreement with a Dutch company…

New president for RMIA

21 November 2006

The Risk Management Institution of Australasia has appointed risk manager Kevin Knight as President of the association…

ICA sets its blueprints

14 November 2006

The Insurance Council of Australia has introduced new strategic blueprints to illustrate what it plans to achieve next year…

Bird flu plan: we’re getting ready

14 November 2006

The Federal Government might not have a vaccine for avian flu just yet, but it has a plan in place if the disease hits Australia, according to Department of Health and Ageing…

NZ tackles fraud as a team

14 November 2006

New Zealand insurers have had enough. With fraud costing them up to $NZ300 million ($261 million) a year, they have begun a zero-tolerance campaign to catch the perpetrators…

James Hardie wins on compensation tax ruling

14 November 2006

The Australian Taxation Office has given James Hardie a favorable ruling on its asbestos compensation fund, removing an obstacle that has affected the company for three years…

ANZIIF takes top education award

07 November 2006

The Australia and New Zealand Institute of Insurance and Finance has taken the Education Provider of the Year award for insurance services…

Industry education under attack

07 November 2006

Former Australian Securities and Investments Commission director Pauline Vamos has attacked financial services training in Australia for having skill gaps and “dumbing-down” the industry…

NIBA campaign gets people talking

07 November 2006

The public and industry’s response to NIBA’s national “Every Business Needs an Insurance Broker” advertising campaign has been overwhelmingly positive, according to the association…

Stern report shakes up insurance

07 November 2006

The fallout from former World Bank Chief Economist Nicholas Stern’s report into climate change continues to stir things up around the world…

Act now, says shock climate report

31 October 2006

The world can expect a $US7 trillion ($9.1 trillion) clean-up bill if it fails to act now against global warming, according to a new report by former World Bank Chief Economist Nicholas Stern…

Lumley CEO referred to SME market

31 October 2006

In last week’s Sunrise Exchange News we reported comments by Lumley General Insurance CEO David Matcham on the subject of brokers’ independence…

Look closer at Asia, brokers told

24 October 2006

A global revolution is taking place in the insurance industry – especially when it comes to Asia – and the industry should embrace the challenges to get ahead…

Vero looks beyond the cycle

24 October 2006

Australian underwriters have “a degree of fuzziness” in their understanding of pricing rates, according to Vero COO Darren Maher…

Lumley CEO criticises brokers

24 October 2006

Lumley General Insurance CEO David Matcham thinks brokers aren’t as independent as they used to be, with many relying on “agent-like” agreements with insurers to do business…