Australia

Actuaries Institute calls for superannuation test Revamp

The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
2 days ago

Actuaries Institute calls for superannuation test Revamp

The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
2 days ago

ARPC simplifies reinsurance for terrorism risks

Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
2 days ago

Markel targets professional indemnity market in Australia

Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
3 days ago

Gallagher strengthens Australian presence with acquisition

Prasidium’s office will integrate into Gallagher offices across the country.
5 days ago

Low investment risk seen for ClearView after asset sale

The Australian insurer sold its investment in Centerpoint Alliance in November 2023.

Life CCC urges stronger remediation efforts in insurance

Top causes of beaches root from human-related incidents.

Allianz Partners unveils online chat for travel insurance clients

Through its partner travel insurance, HCF, Allianz will be able to address client concerns 24/7.

Allianz Partners and Foodbank to host food events in Australia

The initiative aims to alleviate the financial pressures faced by international students.

Asteron's sale to Resolution Life signals support shift

Despite Asteron's sale, Suncorp's core operating subsidiaries remain unaffected.

1 in 5 Australians don't have adequate insurance

About 9% indicated a need for health insurance.

APRA to assess industry's climate risk management

This year’s survey will have participants from banking, insurance, and superannuation entities.

IAG apologizes for payroll mishap, ensures fix

The issue was due to its manual submission of entitlement claims.

Australia's life insurance to grow 5.9% CAGR by 2028

Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.

Helia Insurance sees claims normalising soon: Fitch Ratings

It holds a 34% market share in lenders' mortgage insurance (LMI) as of 1H’23.

NDIA holds quarterly meeting for further enhancement of the RFO programme

The programme focuses on identifying scheme improvements prior to the government’s response to the NDIS review.