Australia
QBE gross written premiums up 11% in Q1
QBE gross written premiums up 11% in Q1
The insurance firm expects to record a 10% growth for 2023.
4 in 5 life insurance owners felt 'financially secure’
Four in 10 believed that financial concerns affect one’s mental health.
APRA plans to remake four life insurance prudential standards
The standards are set to be remade before 1 April.
Australia's general insurance net profit rise 34.4% YoY
The industry earned a total of $1.51b.
Australia life insurance full-year 2022 net profit falls 59.3%
Investment loss was the main driver of the decreased performance for the year.
Significant portion of Aussie millennials plan to travel without insurance: ICA
Almost eight in 10 Australians under 30 are planning to travel more often.
Australian regulator names new chair
A new Deputy Chair and two new APRA members were also announced.
Ongoing flooding won’t make Australian insurers tap reinsurance: S&P
The analyst also said insurer earnings will only erode slightly.
Australian High Court rejects special leave applications
The decision was announced on 14 October.
Australian watchdog finalises changes to insurance capital and reporting frameworks
The changes aim to minimise misalignments between APRA’s frameworks and AASB 17.
Australia life insurance industry net profits crashes by 51.6% in June
The industry’s total revenue also took a dive of 56.4%.
Australian general insurance industry suffers nearly $2b investment loss in June
This was caused by unrealised losses on interest-bearing investments.
Australia private health insurance net profit plummets by 28% in June
Net profits were mainly dragged down by a fall in investment income.
Nat cat will to hurt Australian property insurers profit margin: analyst
Increasing claims have pushed property insurers' loss ratio to 84.6%.
Honan names Asia CEO
He will be based in Singapore.
Suncorp sells banking arm to focus on insurance
The banking business was sold for $3.33b.
Sydney-based insurtech Upcover nabs $4.7m in seed round
The funding comprises of $2.7m in equity and $2m in debt.
Thought Leadership Centre
In Association with
Most Read
1. HDI Global Japan targets commercial and cyber insurance growth 2. FWD reshuffles leadership as CFO successor named 3. Howden’s Shweta Swaroop pushes pay data transparency in insurance 4. GrabInsure rolls out insurance for SG private-hire vehicle drivers 5. Prudential profit rockets 71% in 2025 as S&P elevates rating to AAResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness