Insurance and that collapse

Article Abstract:

Explanation about problems in the insurance industry and the reasons for rising insurance premiums are presented. It is concluded that though the industry is stronger and better regulated, people must get used to paying higher premiums.

Management dynamics, Management, Company business management, Insurance reserves

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Treading the tightrope

Article Abstract:

The number of professional indemnity insurance providers has dropped down to less than ten companies in Australia. Professional indemnity (PI) insurance's excessive premiums and lack of cover are hitting accountancy businesses hard.

Financial management, Accountants, Insurance, Indemnity against liability, Liability indemnity

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Staying under cover

Article Abstract:

The steps taken by the ICAA for bringing up the insurance market in Australia are discussed. An analysis of various policies and findings are available to the members on the ICAA website.

Accounting Methods, Accounting

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