| TOP STORIES |
VOLUME 9608, NOV 21 2008 |
You need trust and integrity in news now more than ever.
It’s all here: www.insurancenewsaustralia.com – the pioneer insurance news since 1999 – and email service since 1995. Plus industry knowledge. Constructive editorial.
The source of need-to-know to benefit your business.
|
MAIN HEADLINES:
QUEENSLAND STORMS
Insurers pick up the tab, banks thanked
QUEENSLAND PREMIER Anna Bligh has thanked banks for their donations to her government’s South East Queensland Storm appeal while insurers will pick up much of the damage from severe storms that hit South East Queensland and Brisbane this week.
> > Full Story...
Insurers hasten to assure public
THE INSURANCE Council led insurers in hastening to assure the public that the general insurance industry had swung into action as soon as the rain and wind died down in South East Queensland – mainly around Brisbane – this week.
> > Full Story...
RACQ’s first claims batch totalled 2500
RACQ Insurance raised its number of claims to more than 2500 by mid-week following the severe storms that swept over South East Queensland on Sunday.
> > Full Story...
PREMIUM RATES
Allianz’s Towell calls harder market
ALLIANZ AUSTRALIA is the first of the frontline general insurers in Australia to come out publicly to forecast hardening of premium rates in all general insurance classes.
> > Full Story...
Personal lines moves opposite to commercial
PERSONAL LINES premium rates moves have been quite opposite to soft commercial lines rates in the past 12 months, and will continue to harden, according to Terry Towell, managing director Allianz Australia
> > Full Story...
Forces to work against insurance in 2009
COUNTERVAILING FORCES will work against insurance placement in 2009.
> > Full Story...
INSURANCE BROKERS
Steadfast members urged to hear AIG
SHAREHOLDERS AND shareholder staff have been urged to attend their upcoming state shareholder meetings to hear AIG Australia CEO Chris Townsend provide an update of the insurer’s progress.
> > Full Story...
PRODUCT DISCLOSURE
ASIC allows PDS to go online
ASIC HAS give the insurance sector, and other financial services an advance Christmas present by easing the work on product disclosure statements by allowing them to be notified online.
> > Full Story... |
ALSO IN THIS ISSUE:
TREND
US P&C decline continues
NEW PRODUCTS
New pollution inclusive policy near
RMIA
Former IAG exec is RMIA president
REGULATION
Spread false rumors and you’re gone
Sherry plans review of superfund fees
‘Lost’ accounts hold $13 billion
SUPERANNUATION
APRA moves on super. stats
FINANCIAL CRISIS
CIAB goes to Congress with a plan
US WILDFIRES
Commissioner cuts red tape for insurers
RATINGS
Hurricanes sideswipe syndicates
SCOR integration impresses agency
FINANCIAL PLANNING
Resource centre online for planners
And many more inside ...
> > For the full stories, click here...
|
THIS ISSUE> THE PEOPLE> Anna Bligh, John Mulcahy, Kerrie Kelly, Ben Bessell, Bradley Heath, Nicholas Scofield, Terry Ibbotson, Terry Towell, Robert Kelly, Chris Townsend, Brian Roylett, Peter Napier, Peter Brand, Nick Sherry, Cameron Findlay, Steve Poizner, Jo-Anne Bloch and many more.
THE ORGANISATIONS Qld Govt, Suncorp, Westpac, Insurance Council, CGU, RACQ, Allianz Australia, QBE Australia, Steadfast, AIG Australia, ASIC, Fitch, ACE USA/Aust; IAG, RMIA, Ministry Corp Law, APRA, CIAB, Aon, Cal. Insurance Commission, AIA, Atrium, Lloyd’s, SCOR, AM Best and many more.
TO CONTACT
Send news to John Heath, Editor,
Tel 61 (0) 3 9840 7677
Fax 61 (0) 3 9848 6908
e-mail:
editor@insurancenewsaustralia.com
news@insurancenewsaustralia.com
rjheath@ozemail.com.au
|
