Australia News

Australia Bushfies ‘a Climate Change Wake-up Call’ Say Experts

Weekend bushfires in Australia that killed 173 people are a climate change wake-up call for the public and politicians and a window to the future, experts said on Tuesday. With the death toll still growing from the nation’s deadliest fires, …

Australia Police Declare Bushfire Disaster a ‘Crime Scene’

Australian police treated the country’s entire bushfire disaster zone as a crime scene on Tuesday as investigators combed through a blackened wasteland to find clues to the culprits behind the country’s deadliest fires. Arson investigators began their work even as …

Risk Management Solutions Issues Initial Report on Australia Bushfires

A report from Risk Management Solutions states that the current rash of bushfires in Australia is “one of its worst outbreaks of wildfires ever, with whole towns almost completely destroyed and over one hundred people so far reported dead. The …

Australian Bushfires Kill 131, Dozens More Missing

Weary firefighters and rescuers pulled the remains of dozens of people from charred buildings on Monday as the death toll rose to 131 from Australia’s deadliest bushfires. “Everybody’s gone. Everybody’s gone. Everybody. Their houses are gone. They’re all dead in …

Burnett Holdings Joins QBE

New Orleans-headquartered insurance wholesaler Burnett Holdings Inc. (Burnett) announced it has been acquired by QBE Holdings Inc. (QBE), part of Sydney, Australia-based QBE Insurance Group. The acquisition is effective from Dec. 31, 2008. The company will continue to operate under …

California’s W. Brown to Underwrite Aviation Insurance For Catlin US

Catlin Group Ltd., an international specialty property/casualty insurer and reinsurer, reported that W. Brown & Associates Insurance Services will underwrite general aviation insurance for clients nationwide on behalf of Catlin US. Among the types of general aviation coverages to be …

Lloyd’s Web Site Summarizes Current Opinions on Climate Change

“The string of natural catastrophes that wreaked havoc in 2008, costing the global economy $225 billion and leaving insurers with their second costliest year in history, graphically highlights the increasing risks to businesses of extreme weather events,” begins an article …

Xl Insurance Hires 8 Engineers for Global Property Loss Prevention

XL Insurance announced from its office in Hartford that the Company has hired eight new field engineers for its worldwide property loss prevention services business, XL Global Asset Protection Services (XL GAPS). “The new risk engineers will meet the global …

AIR Worldwide Analyzes Recent Earthquakes in Indonesia

According to catastrophe risk modeling firm AIR Worldwide, a series of strong earthquakes shook the West Papua province of Indonesia this past weekend. The U.S. Geological Survey reported that the initial quake measured M7.6 and struck on Saturday, January 3 …

Garrard to Head Willis Europe; Donovan Named for Australasia

Willis Group Holdings announced that Adam Garrard has been appointed CEO of Willis Continental Europe and Bill Donovan has been named to succeed him as CEO for Willis Australasia. The appointments were effective January 1, 2009. Both executives will report …