<br />
INSURANCE<br />
YEAR IN REVIEW<br />
2011<br />
<br />
CONTENTS<br />
Introduction 5<br />
Industry overview 6<br />
NATURAL CATASTROPHES<br />
Queensland floods - insurance under the microscope 9<br />
Canterbury earthquakes 12<br />
Insurance issues following the Thailand flooding 14<br />
INTERVIEW<br />
A moment with Michael Gill 16<br />
CONSTRUCTION LAW<br />
Construction law review 20<br />
REGULATORY<br />
Regulatory corner 22<br />
PR<a title="DLA540 - Insurance YIR 2011 page 1" href="http://viewer.zmags.com/publication/84aa89fc?page=1"> INSURANCE YEAR IN REVIEW 2011</a>
<a title="DLA540 - Insurance YIR 2011 page 2" href="http://viewer.zmags.com/publication/84aa89fc?page=2"> </a>
<a title="DLA540 - Insurance YIR 2011 page 3" href="http://viewer.zmags.com/publication/84aa89fc?page=3"> CONTENTS Introduction </a>
<a title="DLA540 - Insurance YIR 2011 page 4" href="http://viewer.zmags.com/publication/84aa89fc?page=4"> INSURANCE FLASHLIGHT Shining the light on insuran</a>
<a title="DLA540 - Insurance YIR 2011 page 5" href="http://viewer.zmags.com/publication/84aa89fc?page=5"> INTRODUCTION Floods, earthquakes, tsunamis</a>
<a title="DLA540 - Insurance YIR 2011 page 6" href="http://viewer.zmags.com/publication/84aa89fc?page=6"> The Lloyds building at One Lime Place In terms o</a>
<a title="DLA540 - Insurance YIR 2011 page 7" href="http://viewer.zmags.com/publication/84aa89fc?page=7"> INDUSTRY OVERVIEW The Asia Pacific regio</a>
<a title="DLA540 - Insurance YIR 2011 page 8" href="http://viewer.zmags.com/publication/84aa89fc?page=8"> because they were found to have over-delegated th</a>
<a title="DLA540 - Insurance YIR 2011 page 9" href="http://viewer.zmags.com/publication/84aa89fc?page=9"> NATURAL CATASTROPHIES QUEENSLAND FLOODS INSURANC</a>
<a title="DLA540 - Insurance YIR 2011 page 10" href="http://viewer.zmags.com/publication/84aa89fc?page=10"> review of the evidence adduced before the Commiss</a>
<a title="DLA540 - Insurance YIR 2011 page 11" href="http://viewer.zmags.com/publication/84aa89fc?page=11"> ■ Recommendation for a standard definition of flo</a>
<a title="DLA540 - Insurance YIR 2011 page 12" href="http://viewer.zmags.com/publication/84aa89fc?page=12"> CANTERBURY EARTHQUAKES The second major earthq</a>
<a title="DLA540 - Insurance YIR 2011 page 13" href="http://viewer.zmags.com/publication/84aa89fc?page=13"> THE YEAR AHEAD With the seemingly increased incid</a>
<a title="DLA540 - Insurance YIR 2011 page 14" href="http://viewer.zmags.com/publication/84aa89fc?page=14"> INSURANCE ISSUES FOLLOWING THE THAILAND FLOODING </a>
<a title="DLA540 - Insurance YIR 2011 page 15" href="http://viewer.zmags.com/publication/84aa89fc?page=15"> earthquakes in New Zealand, flooding in Australia</a>
<a title="DLA540 - Insurance YIR 2011 page 16" href="http://viewer.zmags.com/publication/84aa89fc?page=16"> A MOMENT WITH MICHAEL GILL </a>
<a title="DLA540 - Insurance YIR 2011 page 17" href="http://viewer.zmags.com/publication/84aa89fc?page=17"> After 38 years as a partner in the Insurance Team</a>
<a title="DLA540 - Insurance YIR 2011 page 18" href="http://viewer.zmags.com/publication/84aa89fc?page=18"> There is a huge amount of change going on in thos</a>
<a title="DLA540 - Insurance YIR 2011 page 19" href="http://viewer.zmags.com/publication/84aa89fc?page=19"> What observations would you make about Australian</a>
<a title="DLA540 - Insurance YIR 2011 page 20" href="http://viewer.zmags.com/publication/84aa89fc?page=20"> CONSTRUCTION LAW REVIEW 2011 saw developm</a>
<a title="DLA540 - Insurance YIR 2011 page 21" href="http://viewer.zmags.com/publication/84aa89fc?page=21"> In H M Australia Holdings v Edelbrand [2011] NSWS</a>
<a title="DLA540 - Insurance YIR 2011 page 22" href="http://viewer.zmags.com/publication/84aa89fc?page=22"> REGULATORY REGULATORY CORNER Australian ins</a>
<a title="DLA540 - Insurance YIR 2011 page 23" href="http://viewer.zmags.com/publication/84aa89fc?page=23"> At that time, APRA also issued minor consequentia</a>
<a title="DLA540 - Insurance YIR 2011 page 24" href="http://viewer.zmags.com/publication/84aa89fc?page=24"> FOFA REFORMS CONTINUE The focus on the reform of </a>
<a title="DLA540 - Insurance YIR 2011 page 25" href="http://viewer.zmags.com/publication/84aa89fc?page=25"> NEW ZEALAND - INSURANCE (PRUDENTIAL SUPERVISION) </a>
<a title="DLA540 - Insurance YIR 2011 page 26" href="http://viewer.zmags.com/publication/84aa89fc?page=26"> SWINGS AND ROUNDABOUTS OF PROPORTIONATE LIABILITY</a>
<a title="DLA540 - Insurance YIR 2011 page 27" href="http://viewer.zmags.com/publication/84aa89fc?page=27"> Proportionate liability continues to dominate the</a>
<a title="DLA540 - Insurance YIR 2011 page 28" href="http://viewer.zmags.com/publication/84aa89fc?page=28"> PROPORTIONATE LIABILITY: THE YEAR AHEAD In a sign</a>
<a title="DLA540 - Insurance YIR 2011 page 29" href="http://viewer.zmags.com/publication/84aa89fc?page=29"> MORE TRIPS, LESS STUMBLES The year saw a positi</a>
<a title="DLA540 - Insurance YIR 2011 page 30" href="http://viewer.zmags.com/publication/84aa89fc?page=30"> The Elphick decision also considered the unique l</a>
<a title="DLA540 - Insurance YIR 2011 page 31" href="http://viewer.zmags.com/publication/84aa89fc?page=31"> The cour t found that the council had breached it</a>
<a title="DLA540 - Insurance YIR 2011 page 32" href="http://viewer.zmags.com/publication/84aa89fc?page=32"> Courts are increasingly being asked to decide whe</a>
<a title="DLA540 - Insurance YIR 2011 page 33" href="http://viewer.zmags.com/publication/84aa89fc?page=33"> SEX, CYCLING AND SKIING ALL IN A DAYS WORK? WORK</a>
<a title="DLA540 - Insurance YIR 2011 page 34" href="http://viewer.zmags.com/publication/84aa89fc?page=34"> REINSURANCE 2011 This year, the courts have pro</a>
<a title="DLA540 - Insurance YIR 2011 page 35" href="http://viewer.zmags.com/publication/84aa89fc?page=35"> within an extended period of seven years, rather </a>
<a title="DLA540 - Insurance YIR 2011 page 36" href="http://viewer.zmags.com/publication/84aa89fc?page=36"> TRANSPORT TRADE AND TRANSPORT </a>
<a title="DLA540 - Insurance YIR 2011 page 37" href="http://viewer.zmags.com/publication/84aa89fc?page=37"> MARINE 2011 was a relatively quiet year in the co</a>
<a title="DLA540 - Insurance YIR 2011 page 38" href="http://viewer.zmags.com/publication/84aa89fc?page=38"> TRANSPORT The New Zealand maritime scene has bee</a>
<a title="DLA540 - Insurance YIR 2011 page 39" href="http://viewer.zmags.com/publication/84aa89fc?page=39"> A GOOD YEAR FOR MEDICAL INDEMNITY INSURERS MEDIC</a>
<a title="DLA540 - Insurance YIR 2011 page 40" href="http://viewer.zmags.com/publication/84aa89fc?page=40"> The duty owed by medical practitioners and compan</a>
<a title="DLA540 - Insurance YIR 2011 page 41" href="http://viewer.zmags.com/publication/84aa89fc?page=41"> No payment < $10K $10K – $30K $30K – $50K $50K </a>
<a title="DLA540 - Insurance YIR 2011 page 42" href="http://viewer.zmags.com/publication/84aa89fc?page=42"> LIABILITY HIGH COURT TO CONSIDER MULTIPLE SETTLE</a>
<a title="DLA540 - Insurance YIR 2011 page 43" href="http://viewer.zmags.com/publication/84aa89fc?page=43"> A BRIDGE TOO FAR? DIRECTORS AND OFFICERS The re</a>
<a title="DLA540 - Insurance YIR 2011 page 44" href="http://viewer.zmags.com/publication/84aa89fc?page=44"> SOLUTION The reasoning in the Bridgecorp decision</a>
<a title="DLA540 - Insurance YIR 2011 page 45" href="http://viewer.zmags.com/publication/84aa89fc?page=45"> D&O DEVELOPMENTS KEEPING US ON OUR TOES DIRECTOR</a>
<a title="DLA540 - Insurance YIR 2011 page 46" href="http://viewer.zmags.com/publication/84aa89fc?page=46"> The directors relied too heavily and, in fact, co</a>
<a title="DLA540 - Insurance YIR 2011 page 47" href="http://viewer.zmags.com/publication/84aa89fc?page=47"> ■ The High Cour t’s granting of special leave to </a>
<a title="DLA540 - Insurance YIR 2011 page 48" href="http://viewer.zmags.com/publication/84aa89fc?page=48"> DISABILITY SCHEME DISABILITY CARE AND SUPPORT SC</a>
<a title="DLA540 - Insurance YIR 2011 page 49" href="http://viewer.zmags.com/publication/84aa89fc?page=49"> NDIS would fund long-term care and support for pe</a>
<a title="DLA540 - Insurance YIR 2011 page 50" href="http://viewer.zmags.com/publication/84aa89fc?page=50"> It has been a turbulent 12 months for insurers op</a>
<a title="DLA540 - Insurance YIR 2011 page 51" href="http://viewer.zmags.com/publication/84aa89fc?page=51"> A TURBULENT YEAR FOR AUSTRALIAN INSURERS MAJOR C</a>
<a title="DLA540 - Insurance YIR 2011 page 52" href="http://viewer.zmags.com/publication/84aa89fc?page=52"> Imprecise and incomplete communications between a</a>
<a title="DLA540 - Insurance YIR 2011 page 53" href="http://viewer.zmags.com/publication/84aa89fc?page=53"> As to whether National Mutual had affirmed the co</a>
<a title="DLA540 - Insurance YIR 2011 page 54" href="http://viewer.zmags.com/publication/84aa89fc?page=54"> DEFAMATION RUMOUR HAS IT The average number of </a>
<a title="DLA540 - Insurance YIR 2011 page 55" href="http://viewer.zmags.com/publication/84aa89fc?page=55"> At first instance, the trial judge found a number</a>
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