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…
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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…
Quake claims to total $2 million
26 August 2003
The damage bill from last week’s New Zealand earthquake will top $2 million, according to the country’s Earthquake Commission…
Swiss Re sells up
26 August 2003
Swiss Re is reportedly close to completing its sale of major Australian property assets, with its former national headquarters in Melbourne the latest building…
Coonan hails Adelaide talks achievement
19 August 2003
Professionals in Queensland will be at a significant disadvantage after their state government decided to refuse to apply proportionate liability to consumer transactions…
EFIC sells short-term export insurance business
19 August 2003
Australia’s Export Finance & Insurance Corporation is selling its short-term export credit insurance business to German credit insurer Gerling NCM, which has been rebranded…
It’s a mould rush
19 August 2003
While there is still a lot of scepticism relating to mould and its real impacts, lawyers and their clients around the world are cashing in on the “mould rush”, says Christopher Hillmann…