Posted on 24 February 2011
Tags: A$40mln, Australia, from, Group, Insurance, maximum, quake, sees
Insurance Australia Group sees maximum A$40mln hit from NZ quake
MELBOURNE, Feb 23 (Reuters) – Insurance Australia Group , Australia's top home and car insurer, has cut its forecast insurance margin for this year to 8-10 percent.
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Posted on 30 January 2010
Tags: Finance, head, Insurance, levy', need, sees, system
IMF head sees need for finance system 'insurance levy'
The head of the International Monetary Fund said on Friday that he would propose an "insurance premium" for the financial system so as to cover any eventual new crisis.
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