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Allan Morris takes IBANZ presidency

20 September 2005

Veteran Kiwi broker Allan Morris has been elected as the first President of the Insurance Brokers Association of New Zealand…

NZI wins broker accolade

20 September 2005

NZI has been named “Underwriter of the Year” after a vote by the 1700 IBANZ brokers…

Bright outlook for NZ insurers

20 September 2005

Profitability for New Zealand’s general insurance industry is expected to remain sound for the rest of this year and all next year, according to Standard & Poor’s credit analyst…

NIBA offers timely advice on underinsurance

20 September 2005

Following the release of ASIC’s report on underinsurance last week, NIBA has urged brokers to read the report and identify if any of their practices regarding advice…

Ian Balfe dies

20 September 2005

Former CGU CEO Ian Balfe died on Sunday night after a brief battle with cancer…

ASIC jumps on the underinsurance bandwagon

13 September 2005

The industry’s long and relatively unsuccessful underinsurance campaign has been given a boost with the Australian Securities and Investments Commission…

S&P forecasts strong outlook

13 September 2005

Standard & Poor’s Ratings Services says the credit quality for non-life insurers in Australia should remain strong over the next couple of years, supported by strong profitability…

Brough on attack as states raise insurance take

06 September 2005

State politicians on both sides of the political divide have copped a caning from Assistant Federal Treasurer Mal Brough for heaping further taxes on insurance premiums…

IBANZ loses CEO

06 September 2005

Insurance Brokers Association of New Zealand CEO Denis Orme has quit the organisation after a year in the job…

Industry must choose its course

06 September 2005

The insurance industry is now in a position where it can choose to continue the current positive cycle by maintaining underwriting discipline or “succumb to the historic temptations…

ICA on the ball with smash repairer code

06 September 2005

Only a couple of weeks after the Productivity Commission told the insurance and auto smash repair industries to develop a voluntary code of conduct or have the Federal Government…

Williams declares bankruptcy

06 September 2005

Former HIH CEO Ray Williams has filed for bankruptcy and has already offloaded about $11.5 million of property and shares since the one-time mega insurer went down the gurgler…

…While FAI trio declare their innocence

06 September 2005

Meanwhile, the criminal trial of former FAI executives Daniel Wilkie, Timothy Mainprize and Stephen Burroughs has begun in the Supreme Court of NSW…

NSW audits its insurance tax take

06 September 2005

The NSW Office of State Revenue has modified its demands for information from general insurance brokers after discussions with NIBA…

Fate of Zurich investigation undecided

30 August 2005

The Australian Prudential Regulation Authority’s report into Zurich Financial Services’ misleading accounts drama is currently with Attorney-General Philip Ruddock…