Foot and mouth insurance unlikely
13 March 2001
Livestock and dairy farmers in Australia are worried about the foot and mouth disease outbreak in Europe. They should be, because most of them aren’t insured against…
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Brokers warned over goodwill
13 March 2001
ASIC has called on brokers to take care with their annual returns. One major problem concerning the regulator’s bean-counters is the way intangible assets…
Pressure mounts on HIH
06 March 2001
HIH is still struggling to form its own understanding of exactly what its financial position is, while having to withstand unwelcome sniping from the sidelines…
S&P's downgrades HIH
06 March 2001
Not unexpected was the announcement by Standard & Poor’s last week that it has downgraded HIH’s “core operating entities” from BBB+ to BBB-, with a negative creditwatch…
WA brokers merge
06 March 2001
Three Western Australian brokers have combined their operations to form a company that they hope will allow them to grow faster and bigger in the relatively static WA market…
Sports insurance deters big players
27 February 2001
Big losses and low rates are driving some major insurers out of the sports insurance market…
419 advertisers line up for FICS
27 February 2001
The Financial Industry Complaints Service is opening its doors to another 419 advisers, thanks to a “recruitment drive” conducted by ASIC…
Marsh gets back in the air
27 February 2001
Marsh has re-established a specialist aviation insurance practice following the return of John Buckley to its ranks…
'The institute' makes its entrance
27 February 2001
The Australian and New Zealand Institute of Insurance and Finance was officially launched in Sydney last week…
RACV acts over computer system
27 February 2001
Major Victorian insurer RACV is taking court action against computer giant Unisys over the installation of its online claims handling system…
Small business isn't that easy, warns NIBA
20 February 2001
Owners of small businesses who intend sign up with NRMA’s new EasyBiz commercial insurance have been warned to take care…
GIO sale: the plot thickens
20 February 2001
Are AMP General and GIO really for sale? According to the Australian Financial Review…
NRMA takes NZ insurer
13 February 2001
NRMA has bought New Zealand’s State Insurance for $325 million…
A low level of safety
13 February 2001
The US general aviation industry is far safer than Australia’s, despite operating in more extreme conditions and 10 times the number of aircraft flying…
Institute grows
06 February 2001
The former Australian Insurance Institute, now known as the Australian and New Zealand Institute of Insurance and Finance following its takeover of its ailing kiwi cousin…
Privacy awareness growing
06 February 2001
Privacy is emerging as a major consideration for consumers, according to the Insurance Council…
Dinosaur decision
06 February 2001
A controversial 1999 court verdict that left an Adelaide organisation and its insurer facing a $31.25 million payout has been reduced on appeal…
Bean quits FICS
06 February 2001
Paul Bean, the founding Chief Executive of the Financial Industry Complaints Service has left the organisation. Sources are tight-lipped about the reasons behind…
Brits covet CBA offshoot
06 February 2001
Giant British life insurer Prudential Plc is the front-runner for the Commonwealth Bank’s CMG Asia life insurance operation…
Risk managers convene
06 February 2001
The Association of Risk and Insurance Managers of Australasia will hold its national conference in Canberra in November…