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South Australians take risks with insurance

03 February 2004

Insurance Disaster Response Organisation statistics show that more than 26% ­– one in four – South Australian householders are totally uninsured…

Lynam retains UAC chairmanship

03 February 2004

SRS Insurance Group MD Paul Lynam has been re-elected Chairman of the Underwriting Agencies Council…

Back to the serious stuff

03 February 2004

With the summer holiday now just a memory, a number of industry groups are already advertising upcoming annual conferences…

Melbourne storm bill rises

09 December 2003

Last week’s savage rainstorm in Melbourne’s northern suburbs will cost insurers at least $75 million, according to the Insurance Disaster Recovery Organisation…

Underwriter, broker in court action

09 December 2003

ASIC has taken action against an insurance underwriting agency, Triton, and Sydney insurance broker Aradlay over their alleged business links with an unauthorised foreign insurer…

Now it’s RMIA for risk managers

09 December 2003

The Australian associations representing risk managers – ARIMA Ltd and the Australasian Institute of Risk Management – have voted in favour of a merger…

ICA wants TPA loophole closed quickly

02 December 2003

The insurance industry is growing anxious about the Federal Government’s seeming lack of urgency in processing Trade Practices Bill reforms…

ACT passes industrial manslaughter laws

02 December 2003

The ACT has made Australian legal history by becoming the first-ever jurisdiction to make companies liable for criminal prosecution if an employee dies at work…

Meeting the needs of regional brokers

02 December 2003

The Victorian-based Regional Insurance Brokers Association is expanding its horizons by offering its services to other interstate country brokerages – and it’s dropping its rule…

APRA tightens up its insurance overview

25 November 2003

Revised prudential standards and even greater public disclosure are the two major points of an APRA discussion paper released last week…

Industry is still pondering

25 November 2003

The media might want to interpret what the second round of APRA’s industry reforms means for the industry, but the industry is still weighing things up…

Section 54 changes progress

25 November 2003

The Federal Government has released the first report into section 54 of the Insurance Contracts Act…

Still a long path ahead for insurance, says Wilkins

18 November 2003

Although the insurance industry is showing positive signs of returning to profit, the Insurance Council of Australia still has a massive job ahead of it managing the industry’s tarnished image…

IDRO warns of harsh summer

18 November 2003

Last week we reported a British research unit’s prediction that the impending summer will see a reduced number of cyclones…