Archive

Actuaries Institute incoming president warns of "almost invisible" power of AI

David Whittle encourages actuaries to "give the data revolution a conscience"

Australian cyclone reinsurance pool avoids deluge of claims

Only a handful of claims met by the ARPC in its first six months of coverage

Apra removes A$150m capital add-on from Allianz Australia

Allianz pleads guilty to criminal charges in Australia

Charges related to statements in online travel policy sales

Australian court fines Allianz over sales practices

Insurer will pay A$1.5m and court costs, for self-reported errors

Allianz acknowledges failings in oversight for Australian unit

Allianz Australia Insurance agrees it had "longstanding, persistent and serious" risk deficiencies

Allianz faces criminal charges for mis-selling travel insurance

Australian units alleged to have made false or misleading statements over level of cover

Allianz faces litigation over travel cover in Australia

Corporate watchdog alleges mis-selling of some policies online

Australia's insurers get grilled after the country burns

A parliamentary committee took Australia's insurers to task after a torrid season of bushfires, Covid-19 and scathing criticism of their conduct and governance. David Walker reports

Apra imposes additional A$250m capital requirement on Allianz Australia

The amount is being imposed "due to heightened operational risk"