Australia Insurance News
Dire Warning On Economy
Monday January 19, 2009
TREASURER Wayne Swan has promised further action in the wake of a dire warning that Australia is heading into the "sharpest deceleration" its economy has suffered.Paying The Piper
Saturday January 10, 2009
Diagnosis of bipolar disorder in children has increased dramatically in the US, and Australia is struggling to resist temptations to follow suit, writes Margaret Rice.Joining A Long-standing Tradition Of Tall Tales
Wednesday January 7, 2009
WHEN Max Harris published his autumn 1944 edition of Angry Penguins magazine, all he knew of young Ern Malley was that he was an English-born insurance salesman who had a flair for modernist poetry.Insure To Be Sure Of The Future: Imf
Friday January 2, 2009
THE International Monetary Fund is canvassing a novel idea for staving off deep recessions: that governments offer insurance to businesses and individuals against the risk of economies going backwards.Iag Cuts Its Losses And Sells British Sinkholes
Friday December 19, 2008
INSURANCE Australia Group has sold the most financially stretched of its British businesses but has lost $90 million on the operation it bought two years ago.Ahm Falls Into Medibank's Arms
Tuesday December 9, 2008
THE march towards a private health insurance sector dominated by just four or five large players gathered pace yesterday after an overwhelming vote in favour of a merger with Medibank Private by Australian Health Management's members.We're Keeping Recession At Bay - For Now
Thursday December 4, 2008
AUSTRALIA is narrowly avoiding a recession - but investors are not cheering.Asic Drops Final Charge Against Former Hih Chairman
Saturday November 22, 2008
THE seven-year official investigation of the $5 billion collapse of HIH Insurance has come to a sudden and, for the corporate regulator, anticlimactic close with yesterday's abandonment of a criminal charge against the former chairman Geoffrey Cohen.Slick Yet Shabby Fronts An Essential Component Of The Cynical Cdo Game
Tuesday November 18, 2008
In Australia it remains to be seen who will be bailed and who will fail.Strong Flags Departure From Struggling Iag
Wednesday November 12, 2008
THE last remaining boardroom links with Insurance Australia Group's early days as a listed company following its demutalisation from the NRMA motoring organisation will be severed with the impending departure of its chairman of seven years, James Strong.Islamic Finance Down, Far From Out
Thursday October 23, 2008
IN THE aftermath of the US financial crisis, the future is uncertain for Islamic investment in Australia.
The Dow Jones Islamic Market Financials Index measures the performance of about 70 sharemarkets around the world that are sharia-compliant, or in line with Islamic ethics.Iag Faces Battle Over Hastings
Friday October 17, 2008
INSURANCE Australia Group is having to temper its hopes of securing a decent price for the troubled British motor insurance broking businesses it is trying to sell in the face of the global financial turmoil.A Guarantee Against Panic
Tuesday October 14, 2008
Politics were put aside to ensure confidence in Australia's financial system, writes Joshua Gans.Crisis Spreads Faster - And It's Worsening
Monday October 13, 2008
THE Federal Treasurer, Wayne Swan has warned that the economic crisis is flowing through to developing economies much faster and more brutally than expected - including Australia's major trading partners.Australia Recruited For Rescue
Sunday October 12, 2008
AUSTRALIA has been asked to be part of a global plan to unfreeze credit markets and stop sell-offs on panicked sharemarkets, as part of an assault co-ordinated by US Treasury Secretary Henry Paulson.Nation's Best Minds Make Survival Plans
Sunday October 12, 2008
AUSTRALIA'S top economic and political minds will forge a package of domestic measures to stave off further economic panic before the stock markets open tomorrow.Why America Should Follow Australia's Economic Lead
Thursday October 2, 2008
The US must embrace regulation to avoid another market meltdown.Analysts Downgrade Nab Forecast Over Portfolio Fears
Thursday October 2, 2008
THE focus has switched to what else remains in National Australia Bank's troubled $4.5billion portfolio of complex credit instruments.Medicare Defeat Wounds Pm
Thursday September 25, 2008
THE health insurance options of up to a million Australians are in limbo after the defeat of one of the Government's central budget measures.Senator Sinks Medicare Bill
Thursday September 25, 2008
THE health insurance options of up to a million Australians are in limbo after the defeat of one of the Rudd Government's central budget measures.