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Australia tag returned 1628 results

  • Australia: Financial retirement plans change in last 2 years of turmoil

    With turnover in the workforce and changing patterns of work in a number of industries, a global retirement survey for State Street Global Advisors asked respondents whether they have changed their thinking on when, and how, they might retire.

    Asia | 25 Jan 2023
  • Australia: Suncorp to expand cloud footprint

    Suncorp Group and Microsoft have announced a three-year agreement that will accelerate the financial services company's ability to build and deploy digital solutions for customers and foster collaborative hybrid working.

    Asia | 24 Jan 2023
  • Australia: Cyclone insurance pool gains another insurer

    Australian Reinsurance Pool Corporation (ARPC) has announced that effective 1 January 2023, the Sure Insurance brand has joined the Cyclone Reinsurance Pool (cyclone pool) as an insurer customer through their product issuers Liberty Mutual Insurance Company, Australia Branch, trading as Liberty Specialty Markets, and Pacific International Insurance.

    Asia | 23 Jan 2023
  • ARPC settles purchase of $2.4bn terrorism retrocession

    Australia's terrorism reinsurance pool, administered by Australian Reinsurance Pool Corporation (ARPC), purchased its retrocession programme for the 2023 calendar year at the same terms and conditions as the previous 2022 programme.

    AIRPlus | 20 Jan 2023
  • Australia: Climate index soars to 3rd highest value in Spring 2022

    The Australian Actuaries Climate Index recorded the third highest index value in Spring 2022 since the Index was created. This was primarily driven by extreme rainfall, especially in the south-eastern parts of the country, according to a report by the Actuaries Institute.

    Asia | 20 Jan 2023
  • Australia: Specialist broker expands through new acquisition

    London-headquartered BMS, the independent global specialist insurance and reinsurance broker, has announced the acquisition of Austbrokers Coast to Coast (C2C), the specialist Australian corporate, business, and retail broker, effective 17 January. The terms of the transaction have not been disclosed.

    Asia | 19 Jan 2023
  • Australia: Bigger flood and fire tests lie ahead

    The severity and frequency of bushfires and riverine floods are increasing for Australia, says S&P Global Ratings (S&P) in a report.

    Asia | 18 Jan 2023
  • Australia: Actuaries sketch low-probability, high-impact economic scenarios

    The Actuaries Institute has warned in a report that there are some low probability but plausible scenarios that involve a significant recession within the next 15 years. These scenarios involve policymakers veering off course and burdening businesses and the public with stagflation, mismanaging a collapse in house prices, or excessive government spending.

    Asia | 16 Jan 2023
  • Australia: Population growth shows slight recovery from COVID-19

    Australia's estimated resident population is expected to grow from 25.7m on 30 June 2021 to 29.9m by 30 June 2033, says the Australian government's Centre for Population.

    Asia | 13 Jan 2023
  • Australia: Strata insurance premiums to continue rising in 2023

    Strata insurance premiums have surged over the last couple of years and it doesn't look like they will slow down this year, according to Mr Chris Glass, strata state manager of Queensland at the broking group Honan.

    Asia | 11 Jan 2023

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