Insurers News
Strapped Insurers Increase Premiums
Monday January 5, 2009
THE nation's insurers are pushing through increases in car and home premiums as part of efforts to replenish capital reserves following a series of large payouts over the past year linked to a string of severe storms.Insurers Push Up Premiums
Monday January 5, 2009
THE nation's insurers are pushing through increases in car and home premiums as part of efforts to replenish capital reserves, after a series of big pay-outs over the past year linked to severe storms.Insurers Seek Higher Premiums
Thursday December 18, 2008
PRIVATE health insurers have asked the Federal Government to approve big increases in premiums because of a profit slump in the past financial year.Insurers Likely To Weather Latest Storms
Tuesday November 25, 2008
THE cost of the crippling storms that have swept through Brisbane and south-east Queensland has risen to at least $220 million for the country's two largest insurers, with the final bill for the damage still mounting.Big Insurers Face Earnings Drought
Monday August 18, 2008
THE combined full-year net profits of the country's three largest listed general insurers will struggle to get above $2.3billion for 2008 in what has been the worst period for earnings growth for five years.Insurers Sort Out If Storm Or Flood Does The Damage
Thursday July 31, 2008
THE insurance industry is a step closer to clearing up some of the consumer confusion over who's covered and who's not in the event of a flood after Australia's competition regulator said it plans to allow insurers to use a common definition.Medicare Levy News Unhealthy For Insurers
Tuesday May 13, 2008
MBF and BUPA Australia will sail together into the unknown after policyholders approved a merger between the insurers.Uncertain Times Ahead For New Friends Boss
Saturday February 2, 2008
AS A qualified actuary, Trevor Matthews has presumably done some modelling on the risks of his defection this week from one of Britain's biggest insurers, Standard Life, to its rival, Friends Provident.Suncorp Cops A Storm Warning
Friday June 22, 2007
The trail of damage wrought by wild weather has brought gloom to insurers.Storms Dent Insurers' Profit Hopes
Thursday June 14, 2007
THE devastating storms that swept through NSW's Hunter Valley and the Central Coast last weekend have also dampened the prospects of good results from the major insurers, IAG and Suncorp, after analysts yesterday downgraded their profit forecasts for this year.Insurers Warned Over Climate Losses
Monday May 28, 2007
CLIMATE change is the most serious environmental risk facing society and insurers need to be more strategic, with economic losses from extreme weather events scaling new heights, according to a global report.Patient Alert On Hidden Gap Fees
Friday May 18, 2007
AS THE gap fees health funds pay doctors top $1 billion, the Health Minister, Tony Abbott, finds himself in a pre-election tug of war between doctors and insurers over fee disclosure.Patients Hit In Hip Pocket On Hip Device And Other Aids
Monday May 14, 2007
HUNDREDS of Australians implanted with a special hip prosthesis each year will be slapped with a new gap charge of more than $1000, after a Federal Government-appointed committee decided that private health insurers shouldn't have to pay the full cost of the device.Cheating Doctors Targeted By Crackdown
Thursday April 12, 2007
FRAUDSTER doctors, psychologists and other health workers are facing a crackdown by private health insurers who have banded together to share information about dodgy practitioners in a bid to stop them practising and keep a lid on member premiums.Insurers' Days Of Raking It In Are Ending
Friday December 8, 2006
THE golden age of profitability for local insurers is coming to an end as competitors, attracted to the Australian market's high earnings, put pressure on the cost of premiums and cause rates to fall, a survey of the industry's prospects has revealed.Insurers Heading For Tougher Times, Report Says
Friday December 8, 2006
THE golden age of profitability for insurance companies is ending as competitors, attracted to Australia because of its high earnings, put pressure on premiums and cause rates to fall, a survey shows.Banks And Insurers Lead Advance
Thursday October 12, 2006
SPECULATION that insurance giant Suncorp-Metway is planning a takeover bid for Promina Group, Australia's second-largest car and home insurer, helped lift the market 0.7 per cent.It's More Than Sick To Keep Propping Up Health Insurers
Friday September 22, 2006
Stop subsidising an industry that nobody asked for or wants.Insurers Focus On Growth
Monday July 24, 2006
TERRORISM attacks and extreme weather have failed to put off insurance companies in their quest for growth.For Great Returns, Just Mix And Match
Tuesday March 28, 2006
The big fund managers - primarily those owned by the big banks and insurers - have been trumpeting their good returns over last year. For the first time in a long time they have done better that the smaller, independently-owned boutique fund managers.