Talk to us
CathNews, the most frequently visited Catholic website in Australia, is your daily news service featuring Catholics and Catholicism from home and around the world, Mass on Demand and on line, prayer, meditation, reflections, opinion, and reviews. And, what's more - it's free!
Catholic insurer’s $275m loss amid questions over future payouts
Catholic Church Insurance has suffered a nearly $275 million loss, and its net assets fell to close to $10 million last financial year as the business winds down. Source: The Australian.
Church insurer’s insolvency battle amid abuse claims
Catholic Church Insurance is planning to enter a scheme of arrangement amid uncertainty over the quantum of historical sexual abuse and other claims, and to avoid formal insolvency. Source: The Australian.
Catholic insurer folds, but abuse payouts to stand
Catholic Church Insurance will wind down after failing to receive another financial lifeline amid large numbers of historical sexual abuse and other claims. Source: The Australian.
Church insurer facing challenges due to abuse claims
Church leaders say they remain fully committed to engaging with survivors of abuse with justice and compassion, including in the payment of compensation, as changes at Catholic Church Insurance loom. Source: The Australian.