Fantastic reef visit prize: don’t delay
22 October 2012
Brokers and authorised representatives still have an opportunity to win a two-day trip to join the Catlin Seaview Survey on the Great Barrier Reef next month…
Local
Win a trip to the Great Barrier Reef
15 October 2012
Catlin and Insurance News have joined forces to offer two brokers a trip to join the Catlin Seaview Survey on the Great Barrier Reef next month…
Weather, technology and regulation hold the keys to future
15 October 2012
Insurers may face a decade-long bad weather cycle, according to the MD of actuarial firm Finity Consulting, Estelle Pearson…
APRA data fails to present a clear picture
15 October 2012
Australia’s liability insurers are selling more policies and are generally growing – but the sector’s profitability is not so easy to define…
Social media raises risk to companies
15 October 2012
The speed of social media and its lack of accountability make it more difficult to manage the risk of online attacks, the Aon Advanced Risk Finance Conference has heard…
Global cyber risk premiums near $1 billion
15 October 2012
Cyber risk insurance is nearing $US1 billion ($978 million) in annual premiums globally, as companies look to cover losses from social media attacks, privacy breaches and data damage…
Quakes royal commission report has implications for all NZ
15 October 2012
The Canterbury Earthquakes Royal Commission says the latest volume of its report has relevance for cities and towns across New Zealand…
AAMI and banks rate best for home and contents
15 October 2012
ANZ, AAMI and CommInsure provide the best-value home and contents insurance, according to annual ratings by financial services research group Canstar…
Multiple-peril crop insurance ‘not viable’, report says
15 October 2012
Traditional multiple-peril crop insurance is not commercially viable “without significant and ongoing government support”, according to a new report…
NZ earthquake buyouts hit 77.4%
15 October 2012
Some 6090 (77.4%) homeowners in Christchurch’s “red zone” – where rebuilding after the 2010/11 earthquakes is deemed impossible or uneconomic – have agreed to sell their properties to the…
In Insurance News (the magazine) this month
15 October 2012
The relaxed atmosphere at the annual Reinsurance Rendezvous in Monte Carlo belies the serious business dealings and massive amounts of money at stake…
O’Halloran’s move to Steadfast welcomed
08 October 2012
Former QBE CEO Frank O’Halloran’s appointment as the chairman of broker group Steadfast has been welcomed by the investment market and hailed by insurance leaders as a strategic masterstroke…
New standards in brokers’ code revamp
08 October 2012
The revamped Insurance Brokers’ Code of Practice contains 12 key standards, adopts new requirements on clients’ best interests and is written in a more consumer-friendly manner, according to the…
QBE wins 11th insurer of the year award
08 October 2012
QBE has won the National Insurance Brokers Association General Insurer of the Year award for the 11th consecutive year…
Premiums down, claims up for liability products
08 October 2012
General insurers wrote $2.9 billion of professional indemnity and public and product liability business in 2011, according to the Australian Prudential Regulation Authority…
ICA voices concern on new rating methodology
08 October 2012
The Insurance Council of Australia says the “unique characteristics” of the Australian market must be considered as Standard & Poor’s changes its rating methodology for insurance companies…
Earthquakes, Bridgecorp spook NZ businesses
08 October 2012
Business interruption is considered the greatest risk facing New Zealand companies, according to a survey by broker Marsh…
Industry ‘must highlight social contribution’
08 October 2012
The general insurance industry must promote its social value to attract the talented workers it needs, according to Suncorp Commercial Insurance EGM Distribution Andrew Mair…
FOS faces challenge in High Court
01 October 2012
An injured worker who received a total and permanent disability payment and was later denied access to salary continuance payments by the Financial Ombudsman Service is seeking leave to appeal…
Insurers’ profits recover, but still down: KPMG
01 October 2012
General insurers’ net profits started to rise again in the first half of this year after a slump in 2011, according to KPMG’s annual industry analysis…