Insurance Asia

The French reinsurer will establish a fund and operate the dedicated entity.

Better claims management helped improve underwriting margins from 2024.

Senior executives are now directly responsible for compliance throughout the sales process.

Bonuses begin accruing from the first policy year under the new participating product.

The new framework measures financial strength using the Economic Solvency Ratio.

An earner on A$200,000 without hospital cover could owe an additional A$3,000.

Customers can purchase policies, manage coverage and file claims through the mobile app.

Australia's RE insurance market remains supportive but is becoming more selective.

The tools generate reports with recommendations mitigation steps and supporting resources.

Total claims incurred by life and general insurers rose 18.4% year on year in the fourth quarter.

Required capital also increased by $6.7b as the stock market rally expanded equity exposure.

Booked new business premiums reached $1.5b from January to March 2026.

Many health plans do not cover obesity medicines, treatments or surgery unless tied to another condition.

Banks can respond by moving toward a hybrid advisory model.