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Analysis

Simplicity the key to life insurance growth

8 March 2010

Make it relevant. That’s the message to life insurers in the wake of the Investment and Financial Services Association inaugural Life Insurance Conference held in Sydney last week…

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Change in the weather for IAG

1 March 2010

Beatle George Harrison wrote a song called Here Comes the Sun in which he talked about smiles returning to faces…

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Dismantling broker rules doesn’t diminish Spitzer legacy

22 February 2010

And so the shackles have been cast away…

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Where to for builders’ warranty insurance?

15 February 2010

If the withdrawal of Lumley Insurance and CGU rattled the market for privatised builders’ warranty insurance, then the departure of Vero threatens to shake it to its foundations…

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Getting a nation’s cover right

8 February 2010

Regardless of how it can be achieved, an adequate level of home and contents risk cover at affordable prices is a must-have for Australians…

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The regulation bogeyman cometh

1 February 2010

International regulation is back centre stage…

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Strong Australian market breeds hot competition

14 December 2009

While the rest of the world concerns itself with new regulatory challenges, in Australia the buzzword is competition…

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Downturn spurs surge in management liability claims

7 December 2009

Management liability lines are feeling the strain after the global downturn precipitated a surge in new claims…

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System shift will test mettle at Suncorp

30 November 2009

Apart from anything else, Suncorp CEO Patrick Snowball’s market announcement last week should see the retreat of some tanks from his lawn regarding the speculated sale of the…

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QBE can afford to sit back and wait

23 November 2009

It’s remarkable how far and how fast a market rumour can travel…

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IAG back in the good books

16 November 2009

IAG is heading in the right direction after rebuilding from a horror 2007/08 financial year…

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The hardening insurance market: an urban myth

9 November 2009

Actions speak louder than words. That’s the implicit message to those insurers who continue to talk up rates in the insurance market…

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Snowball’s commitment to banking may be hard to avoid

2 November 2009

It was with a distinctive mix of military and suburban references that new Suncorp CEO Patrick Snowball last week declared the group’s commitment to its banking operations…

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ACC competition plan spawns NZ political storm

26 October 2009

The New Zealand Government is moving quickly to open up its monopoly personal injury insurer, the Accident Compensation Corporation, to competition…

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The story behind APRA’s judicial belting

19 October 2009

Contrary to popular legend, the Australian Prudential Regulation Authority wasn’t found to have been a party to the collapse of HIH in March 2001…

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Clarity the key to regulatory compliance

12 October 2009

A constant stream of “soft” regulation is preventing insurers from maximising their compliance investment, according to a study by the University of Technology Sydney…

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No dispute over professional indemnity squeeze

5 October 2009

The sharp rise in financial services complaints highlighted by the Financial Ombudsman Service’s 2008/09 review serves to underline the impending crunch in professional indemnity…

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Staying away from the regulatory whirlpool

28 September 2009

The insurance industry in Australia has been caught before in regulatory whirlpools that were intended for its cousins in banking and funds management…

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Where to for builders’ warranty insurance?

21 September 2009

Another damning review of compulsory builders’ warranty insurance has highlighted government dithering over privatised last-resort schemes…

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Consumer protection: not out of the woods yet

14 September 2009

While the insurance industry can take some comfort in its exemption from new federal consumer legislation, it still has to provide a convincing argument that two sets of laws…

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