Australia
Guild Insurance continues a positive investment income trend: AM Best
AM Best expects GIL to maintain adequate operating performance.
Guild Insurance continues a positive investment income trend: AM Best
AM Best expects GIL to maintain adequate operating performance.
DUAL Australia expands with new insurance line
There are insurable limits of up to $150m per policy available.
Actuaries Institute calls for superannuation test revamp
The proposed two-metric test would introduce a new measure based on risk-adjusted performance.
ARPC simplifies reinsurance for terrorism risks
Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
Gallagher strengthens Australian presence with acquisition
Prasidium’s office will integrate into Gallagher offices across the country.
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.
Suncorp sells NZ life insurance business
The sale was valued at NZ$410m.
Australia’s Christmas storms cause AU$1.5b industry loss
The storm brought hail sizes of up to 10cm.