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Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasnít a factor, AMPís Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industryís job to kill preconceptions... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity,... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store.... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance... read more

NSW Insurance broker suspended
May 22 :: A Menai-based insurance broking firm has had its licence suspended for seven months following surveillance conducted by the Australian Securities and Investments Commission... read more


Insurance Articles

Difference Between Public Liability, Product Liability and Professional Indemnity Insurance
Business liability insurance is tailored to protect your business against the cost of litigation and claims resulted from third party damages or bodily injuries... read more

Income protection insurance
It's trite but true to say that for most people, their most valuable asset is their ability to earn an income. But how relevant is income insurance to most Australians? read more

Importance of Public Liability Insurance for Small Businesses
Small businesses are more prone to risks of large financial liability. These may come in the form of litigation for not meeting the standards in the product/service... read more

To insure ... or not to insure
A question oft posed by many a business or household is whether insurance is really worth the expense. After all, the "It'll never happen to me" syndrome (unless we're... read more

Bird Flu: What your insurance company hasn't told you!
Given that Public health officials and organisations around the world remain on high alert because of increasing concerns about the prospect of an influenza pandemic,... read more

Risk Management - 8 steps To Avoid Litigation
Accidents, mistakes and misunderstandings can happen in any business. Some are settled amicably, others grow into full-blown disputes, and before you know it you could... read more