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Australia tag returned 581 results

  • Australia: Govt mulls mandatory plan for access to vehicle service and repair data

    The government is considering the design of a mandatory scheme for access to motor vehicle service and repair information. The objective is to enable consumers to have their vehicle repaired by the repairer of their choice who can provide professional and safe service and repair services.

    Asia | 19 Mar 2019
  • Australia: Frequency of extreme hot days rising

    The Australian Actuaries Climate Index, updated for the first time since its launch in late 2018, shows that the number of extreme hot days was above historical levels in both winter and spring 2018, and that portions of Australia remained extraordinarily dry showing distinct signs of drought.

    Asia | 18 Mar 2019
  • Regional director appointed for Australian broker

    Aon Australia has appointed Mr Grant Rovelli as a director for south-east Queensland, where he will lead a team of 47 staff across eight branches in the region and reporting to Mr Kevan Johnston, managing director (commercial). Mr Rovelli will also be joining the commercial leadership team.

    Latest News | 15 Mar 2019
  • Australia: Zurich in alliance to strengthen capacity in M&A insurance

    Zurich Australia Insurance has announced a new underwriting agency partnership that will boost its capacity in the mergers and acquisitions (M&A) insurance space.

    Asia | 15 Mar 2019
  • Australia: Regulator says fees-for-no-service reviews are taking too long

    The Australian Securities and Investments Commission (ASIC) has said that financial institutions had taken too long to conduct reviews of their fees-for-no-service (FFNS) activities.

    Asia | 12 Mar 2019
  • Nat CATS in Feb cause widespread damage

    The month of February this year saw significant damages incurred due to various natural disaster events occurring worldwide, afflicting insurers and economies. Of note, over 22,204 claims were filed for damages caused by widespread flooding in Australia's Northern Queensland region and payouts exceeded A$893m ($635m), according to the Insurance Council of Australia (ICA). The Australian economy's total economic losses, including damage to property, infrastructure, and agriculture, is expected to hit at least A$1.7bn.

    Latest News | 11 Mar 2019
  • Australia: Travel insurers to undergo regulatory scrutiny

    Australia's corporate regulator plans to examine travel insurance, as the insurance industry braces for heightened scrutiny of how it handles claims, and whether the fine print in contracts is fair to customers.

    Asia | 11 Mar 2019
  • What's new this week - 8 March

    Welcome to another week of What's New. This week, we are featuring the big boys in the industry such as Prudential, AIA, Aviva, QBE, MetLife, MAS, SDIC, and Symbo!

    Agents | 08 Mar 2019
  • Australia: Call for superannuation scheme to be improved to help women

    The superannuation system in Australia is stacked against women because it fails to pay any attention to their working lives, according to two professors at the University of Sydney Business School

    Asia | 08 Mar 2019
  • Australia: Insurers' association proposes action plan to improve consumer understanding

    To galvanise improvements in consumer understanding, the Insurance Council of Australia (ICA) is proposing an Action Plan of initiatives for both industry and government with some measures which can be implemented now and others which require further cooperative analysis by stakeholders.

    Asia | 07 Mar 2019

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