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Vero

Local

July reinsurance prices to remain flat, Munich Re predicts

13 May 2013

Australian cedants hoping for lower reinsurance costs from July 1 could be disappointed, with Munich Re expecting a “stable price” in the region’s key renewals period…

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Corporate

Board resignation ‘prudent’, but members critical

13 May 2013

The decision by Steadfast COO Cameron McCullagh to resign from the broker group’s board was prudent in light of the group’s upcoming public float, according to industry sources…

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CGU

Regulatory & Government

Unfair contracts bill open for submissions

13 May 2013

The Federal Government has released draft legislation to add unfair contract terms to the Insurance Contracts Act…

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Zurich

Financial Services

AMP reports small increase in life income

13 May 2013

AMP has reported a slight improvement in life insurance annual premium income for the three months to March 31, rising to $1.75 billion from $1.74 billon…

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AIG

The Professional

Austbrokers, IBNA spruik their partnership

13 May 2013

Austbrokers and IBNA have celebrated the success of their six-year-old joint venture relationship, with their leaders saying the time is right to demonstrate the strength of their partnership and what it offers brokers…

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QBE

International

Allianz on track for steady profit

13 May 2013

Allianz has reported a 24% profit increase to €1.7 billion for the first quarter, and says it is on track for an operating profit of €9.2 billion this year…

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The Insurance Broking Specialists - Macquarie Bank

Analysis

The ups and downs of premiums

13 May 2013

Reports commenting on premium rates are often seen as primarily reflecting the publishers’ best interests. When brokers predict falling rates in a hardening market, insurers can be guaranteed to accuse them of viewing the market through rose-tinted spectacles…

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