HIH collapse The collapse of HIH insurance in March 2001, with an estimated $5.3 billion deficiency in assets, sent shockwaves through the Australian investment and insurance industries. Your task here is to investigate the collapse of HIH and produce a report on it that covers:

(a) the history of the company leading up to the collapse

(b) what caused the collapse

(c) the ramifications of it for the insurance industry and the regulators

(d) whether you think another HIH is possible and what could/should be done to safeguard against it