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Australia tag returned 1141 results

  • Australia: QBE increases BI claims provisions by US$185m following UK Supreme Court ruling

    QBE, Australia's biggest insurer in terms of premiums, has stated that its 2020 financial results will now include an additional $185m risk margin strengthening with respect to potential Australian business interruption claims.

    Asia | 21 Jan 2021
  • Australia's Black Summer fires a climate wake-up call

    The 2019-20 Black Summer bushfires in Australia are a wake-up-call demonstrating the extreme effects of climate change according to a new study which examines the factors that caused the disaster.

    Asia Risk | 20 Jan 2021
  • Australia: Group insurance data found to be missing or ambiguous

    The quality of group insurance data has in general improved recently; however, most, if not all, data will have some missing or conflicting values, ambiguity, and a lack of granularity, says Rice Warner which provides actuarial consulting, research and technology solutions.

    Asia | 20 Jan 2021
  • Australia: Brokers' association outlines 5 focus areas for this year

    2021 will be an interesting year for insurance brokers in Australia, said National Insurance Brokers Association (NIBA) CEO Mr Dallas Booth with his comments carried in the association's newsletter Insurance & Risk.

    Asia | 19 Jan 2021
  • Australia: Slightly more than half of registered advisers have passed adviser exams

    Over 12,573 advisers have sat the adviser exam with 9 in 10 demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam, according to a statement issued by the Financial Adviser Standards and Ethics Authority (FASEA).

    Asia | 18 Jan 2021
  • Australia: Howden launches retail broking Down Under

    Howden, the international insurance broker, part of Howden Group Holdings, announced yesterday that it is building on its 20-year relationship with Steadfast, the Australian insurance intermediary network, by forming a strategic partnership to support Steadfast's London Market broking requirements and launching an Australian broking operation in association with Steadfast.

    Asia | 15 Jan 2021
  • Australia: QBE finalises 2021 reinsurance coverage on better terms

    QBE, Australia's largest insurer in terms of premium income, has finalised renewal of the Group's reinsurance programme effective 1 January 2021, the company says in a statement.

    Asia | 13 Jan 2021
  • Australia: Hays identifies insurance skills most in demand this year

    Within Australia's insurance job market, the skills in greatest demand this year include those of brokers with a Tier 1 qualification and at least five years of experience, according to a report by the global recruitment and human resources services firm, Hays.

    Asia | 12 Jan 2021
  • Willis Towers Watson announce new head of financial solutions for Australia and New Zealand

    Willis Towers Watson (WTW) has announced the appointment of Lee Garvey as head of financial solutions for Australia and New Zealand to lead the expansion of the Financial Solutions business across the Australasia region.

    People | 08 Jan 2021
  • Australia: IAG's COVID-19-related BI loss estimated at US$891m

    One of Australia's biggest insurers, Insurance Australia Group (IAG), will take an A$1.15bn ($891m) hit to earnings before tax in its half-year (1 July to 31 December 2020) results, as it prepares for a potential flood of pandemic-related business interruption claims, according to a statement released by the company.

    Asia | 08 Jan 2021

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