Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

May 2017

Country Profile


Australia

Roundtable sparks robust exchange on hot issues in the market

Asia Insurance Review invited eight highly respected non-life senior executives from the Australian insurance industry to share their views, hot peeves and joys in the market at the annual breakfast roundtable in Sydney. We bring you insights into the wide-ranging discussion touching on a myriad of topics. Specialist insurance journalist Kate Tilley reports. 
 

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Cyclone Debbie: Lessons to note

Preparation and early response to Cyclone Debbie was effected by Cunningham Lindsey in the recent catastrophe. Mr Paul Bloxsome from the loss adjuster gives an overview of the devastating impact and shares some of the lessons the insurance industry can learn from it. 
 


Important changes to Terrorism Insurance Scheme

Effective this July, Australia’s Terrorism Insurance Scheme has been changed to provide certainty around coverage in the event of a Declared Terrorist Incident (DTI) involving biological or chemical material, and extended to cover mixed-use/high value buildings. Dr Christopher Wallace from Australian Reinsurance Pool Corporation (ARPC) elaborates.