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…
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Freeze surprises NZ insurers
14 November 2006
New Zealand insurers are also paying out plenty of weather-related claims…
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…
Austbrokers buys into Insurance Advisernet
31 October 2006
Consolidation is a term dominating the local insurance industry right now, and broking network Austbrokers is the latest to jump on the bandwagon…
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…
Ad campaign boosts brokers’ profile
17 October 2006
NIBA has launched a $1 million-plus advertising campaign designed to heighten awareness of brokers in the community…
Market share concerns
17 October 2006
The financial services industry is buzzing with merger and acquisition talk – particularly the Suncorp offer to Promina – but it remains to be seen if the corporate watchdog…
NIBA Code of Practice launched
17 October 2006
The Insurance Brokers Code of Practice was also launched at the NIBA Convention on Sunday by Parliamentary Secretary to the Treasurer Chris Pearce…
Excellence gets its reward
17 October 2006
QBE Australia has won NIBA’s General Insurer of the Year title for the fifth consecutive year…
Insurers note it’s getting hotter
10 October 2006
It seems to come a little earlier every year. Victorian and NSW bushfire authorities were hard at work last week as hot and dry conditions sparked the first flames…
Deadline for HIH help
10 October 2006
Policyholders who may be eligible for assistance under the HIH Claims Support Scheme through the late application gateway have until November 17 to submit their applications…
CGU and AMP in court again
10 October 2006
Early next year the High Court will hear the three-year-old court battle between AMP and CGU over a $6 million insurance claim…