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Insurance Industry News

Hollard becomes insurance partner of Woolworths

One of Eagle Insurance Brokers largest underwriting partners Hollard has just been announced as the official partner of Woolworths. Over a three year process, it's fair to say that many Australian companies would have made a grasp for this untapped market and therefore a rigorous and lengthy process of reviewing companies took place.

This gives Eagle exceptional confidence in our ongoing relationship with Hollard in what is going to be an exciting time.

Please read the full press release from Woolworths.


Property Insurance Premiums: The only way is up

It seems that we had barely finished drafting a report on the Queensland floods, when an earthquake struck Christchurch NZ. Again, having almost finished updating the report, this weekend Japan is devastated by an earthquake and tsunami and we are saddened by a deaath toll that could number in the tens of thousands.

Click to read more of the article by Propell National Valuers


The insurance cycle and recent catastrophes

The Australian insurance market has emerged from what is termed a soft market, where premiums have remained competitive for a number of years, to the current period where market conditions continue to drive up insurance rates. This is known as the 'insurance cycle'. One major factor for this reversal is the cost of insurance claims.

Click here to read more about THE INSURANCE CYCLE AND RECENT CATASTROPHES by CHU





 
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