Australians with hospital cover are paying 71% more in out-of-pocket costs compared to five years ago, according to new data analysed by Money.com.au, an Australian financial comparison platform.
Miller has appointed Ms Elizabeth McGonagle as head of power, APAC, effective January 2025.
Argyle Insurance, an Australian underwriting agency specialising in SME insurance solutions, has secured a strategic investment from Correlation, backers of insurance entrepreneurs around the world.
The Australian general insurance industry is expected to see another strong year in FY2025, with top line continuing to grow along with a stable loss ratio, according to a report by Finity, a general insurance actuarial provider.
Allianz Australia Insurance's proposed acquisition of RAA Insurance will consolidate its Top Four market position in Australia's property/casualty insurance sector, says S&P Global Ratings (S&P).
Labor says Australians could save thousands of dollars when seeking guidance on their retirement, life insurance and superannuation as it promises to slash red tape and bring in a new class of financial advisers who will provide simpler advice.
The Australian government yesterday announced the second tranche of its "Delivering Better Financial Outcomes" reforms to ensure Australians have access to quality and affordable financial advice.
Allianz Australia has entered into a partnership with the Royal Automobile Association of South Australia (RAA) in a deal worth A$$642m ($416m).
Tokio Marine Kiln (TMK) has appointed Ms Georgina Furness-Smith as cyber underwriter, effective 2 January 2025. In her new role, she will focus on further expanding TMK's presence in markets across the region, as well as maintaining and accelerating the cyber team's growth.
Australians are now almost three times more likely to insure their car instead of their biggest asset - themselves and their earning potential - with new research revealing a deepening national crisis in access to affordable financial advice.