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Showing 181 - 190 of 208 results for "Reinsurance"

New appointment for APRA board

ALEX DUNNIN  |  FRIDAY, 23 JUN 2006
... make an extremely valuable contribution in his new role." Trowbridge's experience includes being a director of Munich Reinsurance in Australia and before that he was the Group Executive for General Insurance at Suncorp Metway. His most noted contribution ...

Allianz scores S&P ratings upgrade

HAMISH MADDEN  |  MONDAY, 22 MAY 2006
... Vine, said the upwards ratings revision was helped by Allianz Australia's effective management strategy, conservative reinsurance program and operational initiatives. "Allianz Australia's stand-alone profile is underpinned by its sustained earnings profile ...

Bird flu pandemic risk could strike insurers

... human-to-human. Fitch does not, however, envisage a significant and widespread downgrading of the life, non-life or reinsurance sectors for the time being. Based on other published research, Fitch estimates that, should a pandemic hit, the mortality ...

Macquarie pilots life insurance system

... project is being tested by 12 adviser groups nationally. It is being supported and reinsured by the world's largest reinsurance company, Munich Re. "This is one of the first straight-through insurance processing systems in the world and answers the needs ...

Zurich gives ASIC and APRA enforceable undertaking

... and its fully owned subsidiary Zurich Australian Insurance (ZAI) regarding the company's financial misstatement of reinsurance transactions. The enforceable undertaking comes after separate investigation by ASIC and APRA. The misrepresentations involve ...

APRA releases tough standards for insurance industry

... The package proposals include recommendations from the HIH Royal Commission and propose insurers adequately document reinsurance contracts. It also seeks to clarify and strengthen existing requirements in business planning, risk management, reinsurance ...

APRA takes further action regarding HIH

... director from June 1992, and deputy chief executive officer from 1995. During this time he was also a member of HIH's reinsurance committee. In 1997 and 1998 Sturesteps exposed HIH to significant insurance risk that led to the company incurring considerable ...

APRA disqualifies more HIH senior executives

... exercise due care and diligence as company secretary for HIH specifically because he signed documents regarding a 1999 reinsurance transaction that stated aspects of the transaction had been approved at a HUAS Board meeting that never actually took place ...

APRA to become more aggressive and sceptical

... disqualified from APRA. Vukelic was employed by the General Re (GR) group of reinsurers and was involved in a financial reinsurance transaction between the group's Australian subsidiary, General & Cologne Reinsurance Australia (GCRA) and FAI, which led ...

QBE expects Hurricane Charley claims within allowance

AAP  |  MONDAY, 16 AUG 2004
... bill is in the billions of dollars. AMP and IAG both said they have no exposure to Hurricane Charlie. \"The Gordian Reinsurance portfolio has been in runoff since 1999 and there are no remaining live risks exposed to this event,\" AMP said. IAG said ...