Australia General Insurance Statistics 2021
Premiums up, investments down in Australia’s general insurance industry
KPMG outlined influential factors for the industry’s performance in 2021.
Premiums up, investments down in Australia’s general insurance industry
KPMG outlined influential factors for the industry’s performance in 2021.
Australia general insurance investment income drops by 76.3% in 2021
However, industry profit still increased to $1.24b compared to $43.77m in 2020.
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Humans need to be in insurance’s genAI loop
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Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
