D&O insurers of ASX companies have implemented remedial underwriting strategies and continue to tread cautiously when deploying capacity in an attempt to deliver a substantial uplift of the Australian D&O premium and profit.
In this article, we consider the implications the Australian Government’s Royal Commission into the Misconduct in the Banking, Superannuation and Financial Services Industry Final Report has on the provision of general insurance services.
Directors & Officers Insurance (D&O) is heading for a crisis point in Australia. Insurers participating in D&O have written this class at or close to a loss for the last 6 years – and not just some small anomaly losses against solid actuarial data.
In this downloadable article, we consider the implications of recent regulatory and common law developments for labour hire providers, principals and host employers.
Once thought eradicated from the Australian coal mining industry, coal workers pneumoconiosis (CWP) has been re-identified. According to the Queensland Government, as at 14 June 2017 there have been 22 confirmed cases of CWP reported to the Department of Natural Resources and Mines since May 2015, with a sharp escalation anticipated.