Insurance Year in Review 2008

2008 is likely to be remembered as a calamitous year for the insurance industry. The American sub-prime crisis of 2007 developed into a fully-fledged global financial crisis in 2008. Climate change also continued to be a prominent issue for the industry. 2008 saw a number of extreme weather-related events that caused considerable property damage. Managing the insurance industry through the financial crisis while it deals with the increasing impact of climate change will prove a large challenge in the years ahead.

Insurance Year in Review aims to provide a thorough and informative reflection on the year that was. At a macro level we provide an industry overview, consider the major topics of the global financial crisis and climate change, and look at significant regulatory developments in the insurance markets. We also cover major legal developments in each of the major classes of insurance across Australia and New Zealand.

In addition we look to 2009, providing insights and commentary on the likely changes, trends and challenges that will affect the insurance industry.

Please note the below is an interactive PDF.  After opening the PDF, please click on the article headings on the contents page to take you direct to an article. To return to the start of the document click on 'BACK TO CONTENTS' appearing on the top far right of the page.