Actuaries salute academic
02 October 2007
University of NSW academic Michael Sherris has been named Actuary of the Year by the Institute of Actuaries of Australia…
Local
Analysts raise QBE-IAG merger scuttlebutt again
25 September 2007
Journalists are again stoking the fires of a much-rumoured union between QBE and IAG, with a major news agency the latest to raise the subject…
Hobart retailers face uncertain future after Myer fire
25 September 2007
Tasmanian brokers are likely to be inundated with business interruption claims once the dust settles from the devastating fire at Hobart's iconic Myer building…
Insurance profits down 5%
25 September 2007
The insurance industry's net profit after tax slipped 5.5% to $5.2 billion for the year ending June 30 2007, according to the Australian Prudential Regulation Authority…
Credit risk being ignored: insurer
25 September 2007
Credit defaults do not concern most Australian businesses despite traces of US subprime debt lingering in international markets, according to credit insurer Atradius…
Car theft down in June quarter
25 September 2007
Motor vehicle thefts have fallen for the sixth consecutive quarter and are down more than 6% on the previous year, new figures show…
Insurers warn landlords on drug labs
25 September 2007
New Zealand's illegal drug manufacturers seem to be moving into fancier digs - with implications for landlords and their insurers…
Aon warns on supply chain risk
25 September 2007
The pursuit of corporate efficiency is leaving businesses badly exposed to supply chain risks, insurance broker Aon says…
More to do on IT security
25 September 2007
The world's largest financial institutions are underprepared for the security challenges of the future, according to Deloitte's 2007 Global Security Survey…
Research sorts out the car insurance market
18 September 2007
The price of car insurance can vary by as much as $860 a year, depending on which state the cover is for…
Extension called for PI plan
18 September 2007
NIBA is calling on the Federal Government to extend the start-up date for regulations requiring all brokers to hold professional indemnity cover…
Mulcahy warns on integration benefits
18 September 2007
The crunch in international credit markets and unexpected natural disasters are the main caveats ahead of Suncorp boosting profits by 10% this year, CEO John Mulcahy says…
Brian Gray scholarships awarded
18 September 2007
The Australian Prudential Regulation Authority has announced the recipients of its annual Brian Gray scholarships…
Safe driving guide for Kiwi employers
18 September 2007
Land Transport New Zealand and the Accident Compensation Corporation have collaborated on a resource to help NZ businesses educate employees on safe driving…
Public expectations unrealistic, not unreasonable: IOS
11 September 2007
Insurers are largely to blame for the unrealistic expectations of consumers, according to the Insurance Ombudsman…
Liability lines plummet in 2006
11 September 2007
Margins in professional indemnity and public liability insurance have come under further pressure as global and domestic insurers trade pricing jabs in the $2.6 billion liability market…
Broker optimism qualified by takeovers
11 September 2007
A survey taken at the Steadfast Convention in March shows brokers are optimistic about the year ahead, despite the soft market…
Consumer advocate challenges insurers
11 September 2007
Banking and Financial Services Ombudsman Consumer Director Fiona Guthrie has thrown down the gauntlet to the insurance industry…
CGU wins its case
04 September 2007
The moral of the story is: always check with the insurer before paying compensation…
Analysts tough on IAG
04 September 2007
Market watchers have savaged IAG following its announcement of a downsized profit for fiscal 2007…