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Australia tag returned 734 results

  • Australia: Autumn 2019 reflects pattern of extreme weather

    The Australian Actuaries Climate Index shows that autumn 2019 continued the pattern of extreme weather: last autumn ranked as the second most extreme in the number of hot days ever recorded in the three months from March, and the third when ranked against all seasons.

    Asia | 16 Sep 2019
  • Australia: Senate creates FinTech & RegTech committee

    The Australian Senate has approved a motion to set up a select committee to inquire and report on FinTech and RegTech opportunities, barriers, and future trends.

    Asia | 13 Sep 2019
  • Australia: New technology push up motor repair costs

    In domestic motor business, claims costs are being driven up by the increasing cost of repairs on new technology, though claim frequency is flat, says Taylor Fry, an analytics and actuarial consulting firm.

    Asia | 12 Sep 2019
  • Australia: Profitability for commercial lines under pressure despite hardening rates

    Despite the hardening market for commercial property insurance, underwriters are struggling to achieve rate increases at the level required to restore profitability in the short term, says Taylor Fry, an analytics and actuarial consulting firm.

    Asia | 11 Sep 2019
  • Australia: 29% surge in frequency of cyber insurance claims, reveals underwriter

    Claims frequency for cyber insurance rose by 29% for FY2019 compared to a year earlier, according to a portfolio analysis conducted by cyber insurance specialist underwriting agency Emergence Insurance.

    Asia | 10 Sep 2019
  • Australia: Suncorp names Mr Steve Johnston as new Group CEO

    Financial services conglomerate Suncorp yesterday announced the appointment of Mr Steve Johnston as Group CEO, following a competitive and robust recruitment process which included high-calibre global and local candidates.

    Asia | 10 Sep 2019
  • Australia: 3 in 5 believe removing commissions will increase underinsurance

    About 60% of advice clients believe the removal of life risk commissions would increase underinsurance in Australia, latest research shows.

    Asia | 06 Sep 2019
  • Former Olympian joins broker in Australia

    Aon has appointed former Olympian and current head of sport Nick Green as its new head of sales for its global and corporate client segment. In his new role, he will be based in Aon's Melbourne office and retain his role as national practice leader for sport.

    Asia | 05 Sep 2019
  • #MDRTGC2019: Be the best version of yourself

    Yesterday marked the closure of MDRT Global Conference 2019 in Sydney. At the main platform was a strong line up of speakers: Chris Riddell, Nataly Kogan, Tim Urban, Peggy Tsai, Jim Kwik, Ty Bennet, and a closing speech by MDRT President, Regina Bedoya.

    Agents | 05 Sep 2019
  • Australia: Actuaries Institute urges structural retirement reform

    The Actuaries Institute is calling for debate on retirement reform to start, for otherwise Australians might lose the opportunity presented by the fiscal headroom of the declining Age Pension costs, and the lead time needed to prepare for known longer-term changes, such as those to patterns of home ownership and work, longevity and growing health and aged care costs.

    Asia | 05 Sep 2019

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