http://www.insurancenewsaustralia.com/ Fri, 21 Nov 2008 00:07:55 +0000 FeedCreator 1.7.2-ppt (info@mypapit.net) http://www.insurancenewsaustralia.com/news/index.php3#story0 QUEENSLAND PREMIER Anna Bligh has thanked banks for their donations to her governments 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. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:06:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story1 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. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:05:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story2 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. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:04:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story3 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. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:03:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story4 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 editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:02:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story5 COUNTERVAILING FORCES will work against insurance placement in 2009. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:01:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story6 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 insurers progress. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 13:00:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story7 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. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:59:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story8 THE UNITED States property and casualty insurance market is in steep decline with sharp profit falls in the 9 months to September 30. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:58:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story9 ACE USA, the US-based retail operating division of the ACE Group has met increasing pressure for environmental exposure meeting insurance by launching two new products covering pollution and general liability. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:57:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story10 BRIAN ROYLETT, former national risk manager for IAG, is the new president of the Risk Management Institution of Australasia. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:56:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story11 A CRACKDOWN on rumourtage, the practice of spreading false rumors about companies to drive down their share price is on the cards. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:55:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story12 SUPERANNUATION FUNDS are like to see their fees dramatically slashed by the Federal Government in the next year or so. According to the arithmetic of the Minister for Superannuation and Corporate Law Senator Nick Sherry the funds take $14.625 billion in fees each year and that appears to him to be too much, especially as fee percentages had changed little in a decade. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:54:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story13 NEARLY $13 BILLION is being held in so-called lost superannuation accounts after workers have moved into new jobs and new industries. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:53:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story14 APRA IS stepping up its determination to increase statistical date across Australias financial services sector by inviting industry comments on the planned annual statistical publication including individual superannuation funds performance information. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:52:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story15 THE US GOVERNMENT has been urged to set up a financial asset protection insurance program as part of its effort to overcome the global economic meltdown. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:51:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story16 CALIFORNIA INSURANCE Commissioner Steve Poizner used his power to declare a state insurance emergency so that insurers could get on with assessing damage and claims from the California wildfires this week. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:50:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story17 THE CREDIT ratings of Atriums two Lloyds syndicates have been affirmed by the A.M. Best Company despite predictions that losses from Hurricanes Ike and Gustav will increase their year-end combined ratios. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:49:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story18 THE AM BEST Company is impressed with the way French insurer SCOR has successfully integrated Converium into its group and believe the recent acquisition of Prevoyance Re will further enhance its leading position in Frances life and health reinsurance market. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:48:55 +0000 http://www.insurancenewsaustralia.com/news/index.php3#story19 THE FINANCIAL Planners Association has launched an online resource centre to help its members ride out the financial maelstrom. editor@insurancenewsaustralia.com Thu, 20 Nov 2008 12:47:55 +0000