Reinsurers would be shaken, not stirred
14 April 2004
New Zealand’s Earthquake Commission is taking a new tack on the likely insurance costs if a major quake hits Wellington…
Local
Terror insurance clarification
06 April 2004
Brokers wanting to deal directly with the Federal Government’s Australian Reinsurance Pool Corporation to purchase terrorism cover have been knocked back…
APRA fails to stop Rural & General court bid
06 April 2004
Rural & General Insurance Broking has finally scored a hit – albeit a minor one – in its long-running battle with the Australian Prudential Regulation Authority…
PI troubles shock electrical contractors
06 April 2004
Electrical and communications contractors are the latest group to voice frustration over the way insurers deal with professional indemnity proposals…
Private property ‘road’ warning
06 April 2004
A heavy equipment underwriting expert has reminded brokers to take special care when preparing policies for clients running operations on private land…
Falling tree uproots liability principle
06 April 2004
A NSW Court of Appeal judgement involving a woman whose husband was killed when a tree crashed through the roof of their home may change the liability laws…
New standards affect insurers
06 April 2004
The International Accounting Standards Board has released the first standards intended for the insurance industry…
Quake acts as a reminder
06 April 2004
Shaken about a bit by a “cluster” of six earthquakes early on Saturday morning, the citizens of the New Zealand capital have been warned that insurance will be necessary…
National draft defamation law needs work, says lawyer
06 April 2004
Federal Attorney-General Phillip Ruddock’s plans to develop a draft bill for a nationally consistent defamation law is “good in theory but still needs further consultation”…
NZ regulation: a matter of ‘when’, not ‘if’
30 March 2004
The “light touch” regulatory regime that New Zealand’s insurance industry has enjoyed for so long may be coming to an end…
ACCC approves not-for-profit insurance scheme
30 March 2004
The Australian Competition and Consumer Commission has granted conditional authorisation to enable Allianz, QBE, and NRMA Insurance to collectively offer…
Terror drives insurers’ stocks up
30 March 2004
Insurers’ excellent returns are making them the darlings of the investment community…
HIH auditor lands APRA gig
30 March 2004
Former HIH internal auditor Greg Waters has stepped up to a senior managerial role at APRA…
Insurers get a tick from Reserve Bank
30 March 2004
The positive outlook for Australian insurers has been reinforced by a report by the Reserve Bank of Australia…
Property charge will save money, says report
23 March 2004
About 97% of NSW homeowners would be better off if the state changed its method of fire brigade funding, according to new research…
Victorian financial services ‘action plan’
23 March 2004
The Federal Government has spent a few million dollars promoting Sydney as a global financial centre, but that’s not stopping the Victorian Government…
APRA drops Rural & General case
23 March 2004
The Australian Prudential Regulation Authority has dropped its Federal Court actions against Rural & General Insurance…
Footballers kick a goal with liability deal
23 March 2004
The Australian Football League and other major state and territory football bodies have engaged broker Jardine Lloyd Thompson to develop an insurance and risk protection package…
More trouble for chairlift
23 March 2004
An elderly woman has been injured in another accident on Victoria’s troubled Arthur’s Seat chairlift…
Singapore publisher launches ANZIIF awards
23 March 2004
And now, even more insurance awards by publishers seeking to make an impact in the local market…