A NOTE FROM THE PUBLISHER
This is the 45th issue of insuranceNEWS.com.au for 2011, and the last scheduled bulletin for the year. Of course, if any important industry news, issues or events develop between now and when we return on January 30, you can be sure we’ll let you know.
We’ve worked hard to keep our readers up to speed on the many issues that have made 2011 such a challenging year for the industry. We’ve made thousands of phone calls around Australia and overseas, and researched and written a record number of articles.
There are three groups whose support is vital to the success of insuranceNEWS.com.au. The first is the industry professionals and other contacts who so willingly help us with information and technical advice.
The second is you, the reader. During 2011 the number of subscribers has increased by more than 2000 to 18,226 today. So far this year 133,152 “unique visitors” have accessed our website, initiating more than 2.077 million pageviews.
The third vital group is our sponsors, whose financial input makes all this possible.
Of course, we intend to keep building services to meet the demand for professional reporting of insurance industry issues. During the summer break we’ll be finalising plans for a new free service that will be introduced in the first half of next year.
The insuranceNEWS.com.au team joins me in thanking you for your support during 2011. We wish all our readers a happy and safe festive season.
Terry McMullan
Publisher
Local
Trade credit insurers foresee tougher times in 2012
12 December 2011
The business outlook is for more gloom next year, judging by reports from trade credit insurers who point to rising insolvencies here and the ongoing crisis in Europe as indicators of a tough year ahead…
Corporate
IAG to acquire New Zealand’s AMI
16 December 2011
IAG announced this morning it has entered into an agreement to buy troubled New Zealand insurer AMI for $NZ380 million ($288 million)…
Regulatory & Government
Shorten promoted, but keeps financial services
12 December 2011
Bill Shorten will retain his oversight of the insurance sector following his appointment today as Federal Employment and Workplace Relations Minister in a Federal ministry reshuffle…
Financial Services
FPA wants commissions on some group life sales
12 December 2011
The Financial Planning Association has called for some commissions on life insurance sold within superannuation schemes to be allowed…
The Professional
IBANZ, ANZIIF talk on joint awards event
12 December 2011
A project team made up of representatives from the Australian and New Zealand Institute of Insurance and Finance and the Insurance Brokers Association of New Zealand will be formed this week…
International
Asian life and non-life markets tipped to grow faster
12 December 2011
The growth of life and non-life insurance in Asia will outpace developed markets next year, according to Swiss Re Chief Economist Asia Clarence Wong…
Analysis
Foreign insurers step back from China
12 December 2011
The Chinese insurance market is continuing to be a tough challenge for foreign insurers, with banks entering the market and domestic competitors getting favourable treatment from regulators…
8
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