TAILIEUCHUNG - INSURANCE YEAR IN REVIEW 2011

This primer gives a brief glimpse of available data on health care costs, and summarizes the impact of spending growth on various parts of society. The National Health Expenditure Accounts (NHEA), the source for several of the analyses shown, present the costs of care by type of health service or product (such as hospital care, physician services, or prescription drugs), sources of funds (such as private insurance, Medicare, Medicaid, or out-of-pocket by the individual patient), and types of sponsors (private business, households, and government). Results from both the Kaiser Family Foundation/Health Research and Educational Trust Employer Health Benefits. | CONTENTS Introduction 5 Industry overview 6 NATURAL CATASTROPHES Queensland floods - insurance under the microscope 9 Canterbury earthquakes 12 Insurance issues following the Thailand flooding 14 INTERVIEW A moment with Michael Gill 16 CONSTRUCTION LAW Construction law review 20 REGULATORY Regulatory corner 22 PROFESSIONAL INDEMNITY Swings and roundabouts of proportionate liability 26 CIVIL LIABILITY More trips less stumbles 29 WORKERS COMPENSATION Sex cycling and skiing - all in a day s work 32 REINSURANCE Reinsurance in 2011 34 TRANSPORT Trade and transport 36 Grounding of Rena 38 MEDICAL INDEMNITY A good year for medical indemnity insurers 39 LIABILITY High Court to consider multiple settlements for one injury 42 DIRECTORS AND OFFICERS A bridge too far 43 D O developments - keeping us on our toes 45 DISABILITY SCHEME Disability care and support scheme - what insurers should know 48 MAJOR COVERAGE A turbulent year for Australian insurers 50 DEFAMATION Rumour has it 54 ABOUT US How we can help 56 DLA Piper in Australia 58 Key Contacts 60 Insurance Year In Review -

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