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Australia tag returned 1635 results

  • New Zealand: Auckland floods raise IAG's FY23 forecast for natural perils impact to around US$788m

    One of Australia's biggest non-life insurers, IAG, has provided an update on the Auckland flooding and its estimated financial impact on IAG's guidance for the financial year ending 30 June 2023 (FY23), together with the preliminary financial results for the half-year ended 31 December 2022 (1H23).

    Asia | 07 Feb 2023
  • Pacific: 4Q2022 composite pricing rises by 5%

    Composite insurance pricing in the Pacific region increased 5% in the fourth quarter of 2022, the same as in the prior quarter, according to the 4Q2022 "Global Insurance Market Index" report released last week by leading global insurance broker Marsh.

    Asia | 06 Feb 2023
  • Australia: APRA outlines policy and supervision priorities for the next 12-18 months

    The Australian Prudential Regulation Authority (APRA) yesterday released its policy and supervision priorities for the next 12-18 months to ensure the financial system is "protected today and prepared for tomorrow".

    Asia | 03 Feb 2023
  • Australia: Govt initiates review of disaster funding

    The Federal Government has commissioned an independent review into Australia's disaster funding arrangements, to ensure government investment in disaster funding is fit-for-purpose and effective in the face of increasingly frequent and more severe natural disasters.

    Asia | 02 Feb 2023
  • Australia: Insurers turn to business process outsourcing providers for more than transactional tasks

    Insurance companies in Australia are turning to business process outsourcing (BPO) providers to overcome major challenges, meet changing consumer expectations and remain competitive, according to a new research report published by Nasdaq-listed Information Services Group (ISG), a global technology research and advisory firm.

    Asia | 01 Feb 2023
  • Australia: Financial advice has big impact on subjective financial well-being - AIA research

    Financial advice has traditionally focused on objective financial well-being. However, a new study by AIA Australia has shown that a client's subjective financial well-being is the missing piece of the well-being puzzle.

    Agents | 31 Jan 2023
  • New Zealand: Major Aussie insurers give update on impact of Auckland floods

    Losses from the severe rainfall and floods that hit Auckland last week will be capped at NZ$50m ($32.4m), net of reinsurance cover, for the Brisbane-headquartered financial services group, Suncorp. The Group has a comprehensive reinsurance programme that provides protection for New Zealand losses.

    Asia | 31 Jan 2023
  • 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


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