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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…

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…

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…?

AICLA President steps aside

05 October 2004

After two years at the helm, Mark Godfrey is standing down as President of the Australasian Institute of Chartered Loss Adjusters…

Insurers keen to negotiate on asbestos scheme

28 September 2004

Insurance companies are keen to have a say in negotiations between the ACTU and James Hardie Industries as to whether a statutory scheme for asbestos claims…

ASIC doesn’t find much to like about ICA’s code

28 September 2004

Public submissions for the Insurance Council of Australia’s new draft code of practice have now been sent to former ASIC Chairman David Knott for consideration, and the submission…

Turnbull faces court action

28 September 2004

Chief HIH liquidator Tony McGrath has filed a claim against people and organisations involved with FAI Insurance when it was sold to HIH, including merchant banker…

Sydney Water seeks damages from Heath Lambert

28 September 2004

Sydney Water has filed a summons in the NSW Supreme Court against former broker Heath Lambert Group Australasia – since acquired by Marsh – seeking damages…