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Australia tag returned 1632 results

  • 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
  • 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

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