|
|
Article: BRIEFING - ASIA INSURANCE - SEPT 15, 2009.
- Article from:
- AsiaPulse News
- Article date:
- September 15, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
An executive briefing on insurance for Sept 15, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIAN INSURANCE PREMIUMS LIKELY TO RISE AS CLAIMS INCREASE
SYDNEY - Australia's insurers are likely to raise premiums as they seek to offset higher claims costs and as low interest rates cut returns from investments, according business services firm KPMG.
But recent entrants into the local market, including Australia Post as a distributor, could limit those increases to premiums, KPMG's general insurance industry survey for 2009 ...