Mental health-related absences is a fast growing workforce challenge in Australia, with recent data showing that such absences have increased by 35% y-o-y to become a leading cause of employee long-term leave in organisations.
Allianz Retire+ and AIA have formed a strategic partnership aimed at addressing Australia's growing retirement challenge.
Strengthening national leadership on housing delivery, land use planning and improving the resilience of existing housing stock at the point of repair, renovation or replacement have been identified as key practical priorities to protect Australians against the impacts of extreme weather, according to a new report by IAG.
Arch Insurance Australia has promoted Mr Andrew Whitlock to the role of Head of Casualty.
The NEXROC Group has announced plans to launch tender offers for two publicly listed life insurance companies, one in the United States and one in Australia.
Tokio Marine Kiln (TMK) has appointed Mr Oliver Wilcox as Head of Energy within its marine and energy division.
Premium discounts recognising cyclone mitigation measures have reached A$9.7m ($6.8m) across homes reinsured by the Cyclone Reinsurance Pool, according to the latest quarterly statistics released by the Australian Reinsurance Pool Corporation (ARPC).
Coface has promoted Mr Zach Spencer to the role of Head of Risk Underwriting, APAC. He leads the company's risk underwriting teams across the region.
Australian insurers need to measure drought with the same precision they already apply to flood, fire, storm and cyclone.
Australia's first comprehensive Resilience Index has revealed that insurance coverage is the key driver of overall resilience. However, over 20% of Australians still face significant vulnerability driven by financial insecurity.