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Insurers News

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.