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, Make A Claim, Brydens Lawyers

“For over 40 years Brydens Lawyers has established a reputation for providing expert legal advice and representation, with an outstanding knowledge of the law, professionalism and the highest level of client service at an affordable price”

Lee Hagipantelis

Principal

, Make A Claim, Brydens Lawyers

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LATEST NEWS FROM LEE


An article published by insurancenews.com.au on 22 November 2019 references a reported $876 million net loss by NSW State owned Icare for its workers compensation Nominal Insurer scheme last financial year amid rising medical costs and falling bond yields.

It is reported that gross premiums were in the order of $2.5 billion while net claims expenses/scheme costs were just over $4 billion. That is, there was a reported underwriting loss of almost $2.4 billion while Icare received a net investment revenue of just over $1.6 billion.

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