More General Re execs ousted
19 October 2004
Another bunch of General & Cologne Re executives have been disqualified by the Australian Prudential Regulation Authority over their involvement in reinsurance contracts…
Local
Former Zurich executive accepts undertaking
19 October 2004
APRA says former Zurich Australian Insurance manager Richard Mayo has accepted an enforceable undertaking in relation to “certain transactions” conducted…
Paper trail: ironing out the FSRA
19 October 2004
Complying with the Financial Services Reform Act which came into affect seven months ago is onerous and costs the industry tens of millions of dollars…
ICA continues lobbying efforts
19 October 2004
The Insurance Council of Australia is keen to continue its efforts in lobbying the Government on a number of issues, including the implementation of…
IAG NZ wins environment award
19 October 2004
IAG New Zealand has won an award at the NZ National Sustainable Business Awards in Auckland last week…
Sydney Water seeks another broker
19 October 2004
You have to feel sorry for Sydney Water…
IBNA makes some changes
19 October 2004
National broking cluster group IBNA has had some changes to its board…
APRA removes General Re chief
12 October 2004
General Re Australian head Geoffrey Barnum has been “disqualified” by the Australian Prudential Regulation Authority…
Ditch that pessimism
12 October 2004
NIBA CEO Noel Pettersen has been swift to agree with Axa global CEO Henri de Castries, who says the industry needs to stop being a bunch of pessimists and start being realists…
Law Council backs asbestos victims
12 October 2004
The Law Council of Australia wants any compensation scheme for James Hardie asbestos victims to lock in their common law rights and legal representation…
NSW looks at asbestos ‘contempt’
12 October 2004
James Hardie Industries and its lawyers Allens Arthur Robinson could face contempt of court charges. NSW Attorney-General Bob Debus has received legal advice…
ReAC closer to a comeback
12 October 2004
Failed Australian reinsurer Reinsurance Australia Corporation (ReAC) is still trying to reinvent itself as a general insurer…
Kiwi tractors fire up
12 October 2004
With a busy planting season approaching, New Zealand-based insurer Tower is warning the country’s farmers to check tractors for bird nests…
ACA wants more consumer protection
12 October 2004
The Australian Consumers' Association says policyholder protection is weak and needs to be beefed up…
Assetinsure shows an adventurous taste
12 October 2004
Insurance companies usually invest in property and bonds but niche insurer Assetinsure has found a more exciting way of making money – it has bought a winery…
Salaries: how insurance CEOs stack up
05 October 2004
Opposition financial services spokesman Stephen Conroy has attacked the level of salaries received by the chief executives of public companies…
James Hardie solution soon?
05 October 2004
Resolution of the James Hardie Industries asbestos imbroglio is close…
Six-year rule prompted civil action
05 October 2004
Why did HIH liquidator Tony McGrath pick the lead-up to a federal election – which involves political candidate Malcolm Turnbull – to file a civil action…?
Queensland community groups protest on liability costs
05 October 2004
More than 1000 people have signed an online “e-petition” calling for the Queensland Government to launch an inquiry into the continual rise in public liability premiums…
Thieves revved up over motorcycles
05 October 2004
Vehicle thefts in Australia fell 13% to just over 88,000 for 2003/04, but motorcycle theft is on the rise…