Australia
ICA urges Aussies to pack travel insurance amidst rising alcohol incidents
About 87% of Australians took out travel insurance on their last trip in the past year.
ICA urges Aussies to pack travel insurance amidst rising alcohol incidents
About 87% of Australians took out travel insurance on their last trip in the past year.
Australians to gain more life insurance advice options
Over a quarter of Australians thought about getting advice, but have not acted upon it.
Suncorp confirms FY 2025 reinsurance programme placement
The cost of the FY 2025 programme is expected to be similar to FY 2024.
WTW taps James Baum for dual leadership role
He has over 30 years of experience in the industry.
Suncorp pivots to insurance industry after approval of bank sale
Post-acquisition, Suncorp aims to prioritise insurance needs.
IAG caps natural perils costs at $1.3b
It also said it is on track to report FY24 profit and margin at the upper end of the guidance ranges.
2.6 million Australians don’t have health insurance
Meanwhile, general insurance gained more traction due to increased awareness.
ICA gives two thumbs up to new building code decision
Enhancing home resilience against weather could save an estimated $4b yearly.
Australian Reinsurance Pool reviews cyclone pool rates for 2025
The 2024 premium rate review aims to ensure that rates align with the objectives.
ICA welcomes NSW budget, aims for insurance affordability
NatCat events in the past two years caused $2.64b (AU$4b).
ICA proposes updates to insurance code
The code was first introduced in 1994.
Australian insurer warns of anxiety levels caused by extreme weather
Over half of individuals said they turn to family for mental health support.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
Ansvar sees positive earnings despite PSA claims
The company recorded positive operating earnings in 2022 and 2023.
CALI pushes for financial advice accessibility amidst rising costs
Only 8% of Australians consider taking financial advice for insurance.
Australian insurers remain resilient despite lower premium hikes: S&P
79% of rated Australian insurers have stable rating outlooks.
APRA sets 2025 start for new risk standards
The Practice Guide CPG 230 aims to support the management of financial institutions.
Thought Leadership Centre
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
