On March 15 it will be 10 years since the collapse of HIH, and the latest edition of our sister print publication Insurance News examines the history of the collapse, the major players and how the industry reacted.
We speak to some of the major players who recall the late nights spent negotiating a policyholder rescue package and the liability crisis – dubbed by the media as “the death of fun” – that led to sweeping tort reforms. And we ask the question: could it ever happen again?
Floods, cyclone and bushfire have dominated the headlines since December. Our pictorial record looks at causes and effects and speaks to brokers and industry professionals who lived through the disasters and their aftermath. Legal experts discuss some of the issues that may keep courts busy for the next few years, and we investigate options to secure nationwide disaster cover.
It’s all in Insurance News, your independent window on the industry’s issues and events.
