Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 220 results for "Reinsurance"

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 ...

Tighter prudential requirements for LMIs: APRA

... expects that most industry participants will be able to satisfy the proposed requirements with some strengthening of reinsurance arrangements and/or increases in capital," he said. APRA also proposes to tighten the eligibility requirements for capital ...

Domestic insurance premium rise at lowest rate in 12 yrs -survey

AAP  |  FRIDAY, 6 AUG 2004
... officer premiums. \"The major factors influencing the change in premiums rates during the period were increasing global reinsurance costs,\" the survey said, and \"corporate governance concerns, ongoing litigation connected with corporate collapses\". ...

S&P affirms Zurich Aust ratings, outlook stable

AAP  |  MONDAY, 2 AUG 2004
... by the Australian Prudential Regulation Authority of an ongoing investigation into certain past, and now unwound, reinsurance transactions in ZAIL. While the outcome of the investigation is yet to be released, we would expect the company to continue ...

Three former FAI executives committed to stand trial

AAP  |  TUESDAY, 20 JUL 2004
... disaster. FAI General Insurance Company finance director Tim Mainprize, chief operating officer, Daniel Wilkie, and Reinsurance manager Stephen Burroughs will stand trial in the NSW Supreme Court. Mainprize and Wilkie will each stand trial on two counts ...

Auditors deceived about FAI reinsurance, court told

AAP  |  TUESDAY, 13 JUL 2004
... total of seven charges against FAI\'s former finance director Tim Mainprize, chief operating officer Daniel Wilkie and reinsurance manager Stephen Burroughs. The charges stem from the royal commission into the $5.3 billion collapse of HIH Insurance. ...

New Zurich Financial Services Australia chief executive

AAP  |  MONDAY, 5 JUL 2004
... will assist ZFSA and the Australian Prudential Regulation Authority (APRA) with APRA\'s formal review of certain past reinsurance arrangements made by Zurich Australian Insurance (ZAIL).

S&P to monitor APRA probe into Zurich

AAP  |  THURSDAY, 17 JUN 2004
... said today it was monitoring the Australian Prudential Regulation Authority's (APRA) formal review of certain past reinsurance arrangements made by Zurich Australian Insurance. APRA confirmed on Tuesday that it was investigating Zurich over reinsurance ...

APRA says Zurich policyholders funds are safe

AAP  |  WEDNESDAY, 16 JUN 2004
... insurer. The Australian Prudential Regulation Authority (APRA) confirmed yesterday that it was investigating Zurich over reinsurance contracts, believed to date back to the 2000 financial year. APRA said it was focusing on "certain past and now unwound ...