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  2. Medical indemnity in Australia - Wikipedia

    en.wikipedia.org/wiki/Medical_indemnity_in_Australia

    In April 2002, Australia's largest medical indemnity insurer, United Medical Protection (UMP), entered voluntary administration with unfunded group liabilities of $455 million. [4] The Australian Government responded by providing an initial capital guarantee of $35 million until 30 June 2002, but by November 2003 this had become a comprehensive ...

  3. Insurance in Australia - Wikipedia

    en.wikipedia.org/wiki/Insurance_in_Australia

    As a result, the largest three life insurance companies in Australia, TAL, AIA and Zurich, account for over 60% of total market share and are all overseas owned. [8] Based on total risk premium inflows in the 12 months to 30 September 2020 [9] the largest life insurance companies in Australia are (market share shown in brackets):

  4. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Commercial liability is an important segment for the insurance industry. With premium income of USD 160 billion in 2013, it accounted for 10% of global non-life premiums of USD 1 550 billion, or 23% of the global commercial lines premiums.

  5. Australian insurance law - Wikipedia

    en.wikipedia.org/wiki/Australian_insurance_law

    The Insurance Act 1973 (Cth) sets minimum capital and solvency requirements for companies wanting to enter or operate in the insurance market. [1]Chapter 7 of the Corporations Act 2001 (Cth) regulates the way in which insurers and insurance agents and brokers carry on business and how they deal with the people they do business with and intend to do business with.

  6. Employers Mutual Limited - Wikipedia

    en.wikipedia.org/wiki/Employers_Mutual_Limited

    The operations range of this company cover Insurance Agents, Brokers and Service. According to the annual report from this company, Hospitality Employers Mutual Limited generates $83.43 million in revenue and $13.29 million total net profit for the 2018 financial year. [28] It consists of Club Employers Mutual and Hotel Employers Mutual.

  7. 20-year health insurance exec says don’t look to his industry ...

    www.aol.com/finance/20-health-insurance-exec...

    With prescription costs soaring, Blue Shield of California last year dramatically overhauled how it purchased and supplied prescription drugs for its 4.8 million members.

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