The failure of HIH caused widespread distress, loss, uncertainty and cost to the taxpayer. The repercussions will echo through the economy and community for years to come." Margot Saville covered ...

As HIH Insurance Ltd. creditors go to court in the wake of Australia's largest corporate failure, NRMA Insurance Group Ltd., QBE Insurance Group Ltd. and their rivals will likely post record sales ...

A four-year investigation into the A$5.3bn (US$4.1bn) failure of HIH, Australia's biggest corporate collapse, has led to the jail sentence of high-profile executive Rodney Adler on Thursday.

The HIH failure in March 2001 was Australia's biggest ever corporate meltdown, leaving thousands of policy holders without insurance cover and debts estimated at $5.3 billion.

They alleged that the FAI takeover resulted in an immediate loss to HIH of $650 million and was a key factor in its collapse. The loss, they said, was the direct result of failure by the principal ...

Add articles to your saved list and come back to them any time. John Palmer's review of the role the Australia Prudential Regulation Authority played in the $5 billion collapse of the HIH ...

Incredibly, almost two decades later, McGrathNicol partner and HIH liquidator Jason Preston has signed shareholder cheques worth $20m in the past few weeks, with former HIH non-executive director ...

Australia's biggest corporate failure. Andersen is already under fire in the United States over work for the energy giant Enron, and revelations from the HIH investigation include allegations that ...

s failure and that, as chief executive until a few months before it went under, Mr Williams bore much of the responsibility. He was the second former HIH director to be sent to jail, following the ...

NEW YORK, September 26, 2024--(BUSINESS WIRE)--KBRA announces the assignment of preliminary ratings to eight classes of HIH 2024-61P, a CMBS single-borrower securitization. The collateral for the ...

Robert Bauman. It explains his ideas for the Sydney HIH building. It's posted below so I'll let it do the talking, John Raettig's my neighbor, a local developer and developer of the the Cawker ...

Insurer HIH Hong Kong Group has been placed into provisional liquidation and PricewaterhouseCoopers has been appointed as liquidator. HIH Hong Kong is part of a larger group of companies mainly in ...