ICA isn’t impressed by Government tardiness
23 September 2003
Mr Costello might have been blowing a bit of warmth on the HIH Royal Commissioner’s five-month-old recommendations, but the Insurance Council says it wants to see…
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Vero wins NZ brokers’ award
23 September 2003
Newly branded New Zealand insurer Vero has been named NZ’s General Insurer of the Year by brokers…
Anywhere you want to go, as long as…
23 September 2003
Popular Wellington broker Graeme Robertson was named Broker of the Year at the IBANZ conference in Fiji…
Lumley Life wins claims award
23 September 2003
Suddenly the insurance industry is awash in awards ceremonies…
Claims isn’t a core function, says expert
23 September 2003
Try to tell an insurer that claims management isn’t a core function of their business and you’re in for an argument…
Hold on tight to your clients, says Aon chairman
23 September 2003
NZ insurance brokers meeting in Fiji last week for the IBANZ conference received some hefty words of advice from Aon Risk Services non-executive Chairman Robert Harrison…
NSW workers’ compensation under the microscope
09 September 2003
The recommendations in the McKinsey report into NSW workers’ compensation should, “for the first time”, give WorkCover full financial responsibility for the scheme’s…
Windstorm damage bill reaches $25 million
09 September 2003
The damage bill for the violent windstorms that ravaged parts of NSW, Victoria and the ACT last month has risen to $25 million…
Get set for a scorcher
09 September 2003
Insurers are still recovering from massive claim payouts following last summer’s bushfires – but new statistics show the danger isn’t over yet and that the industry should brace itself…
Brokers and super agents ‘a bit slow’ over AFSL
02 September 2003
While most of the financial services industry is progressing well with their Australian financial services licence applications…
AssetInsure gets its APRA licence
02 September 2003
AssetInsure Holdings has obtained a general insurers’ operating licence from APRA…
FM Global targets Australia with new business model
02 September 2003
International insurer FM Global is stepping slowly into the Asia-Pacific business sphere, with its 30-year-old business in Australia proving a good stepping-stone…
Aon measures terror
02 September 2003
Aon Re Australia has followed in the footsteps of other western countries in trying to assess the financial implications of terrorism in their own backyard…
Bid to tackle escalating insurance fraud
02 September 2003
International and local insurance fraud experts will gather on the Gold Coast next week for the Asia-Pacific Fraud Convention & Trade Show…
New PI scheme for accountants
02 September 2003
Ace Insurance is underwriting a new PI scheme for Australian CPAs, whose association has accused the local industry of “market failure”…
WA teaches clubs risk management
02 September 2003
The WA Government is holding risk management education and awareness seminars across the state as part of its campaign to tackle the so-called public liability crisis…
Top 5 insurers dominate
26 August 2003
For the first time in about 150 years – and if you don’t count the Lloyd’s market – the top 20 Australian general insurance companies no longer contain a single British company…
Storms cost about $4 million, says IDRO
26 August 2003
The Insurance Disaster Response Organisation expects damage from the weekend’s windstorms in NSW, Victoria and the ACT to cost insurers about $4 million…
HIH scheme winds up
26 August 2003
HIH policyholders only have six more months to lodge their claims with the HIH Claims Support scheme before it closes down…
Columnist takes another shot
26 August 2003
Most big Australian insurance companies are “swimming in cash”, according to newspaper columnist Mark Westfield…