Archive

William McDonnell to join IAG as chief financial officer

IAG pricing algorithm triggers litigation by governance regulator

Asic is alleging loyalty discounts were only applied after algorithm hiked some premiums

Actuaries called to arms in climate change battle

The actuarial profession has skills and tools that can be brought to good use as the world transitions to a net-zero emissions economy, as David Walker reports

IAG oversteps natcat budget again, boosts next allowance by 26%

One-fifth of premiums now covering reinsurance costs and perils allowance

Australian cyclone reinsurance pool avoids deluge of claims

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

Insurability of Australian property against flood risk starts unravelling

Some insurers are becoming stricter about renewals for flood-risk homes

Viral load: how actuaries used democratised data to beat Covid-19

The flood of public data on Covid-19 became a silver lining for actuaries amid the dark clouds of the pandemic, as David Walker reports

Algorithm lands IAG with A$40m Federal Court fine

System limited promised renewal discounts, Court finds

NZIA continues to crumble as IAG departs

Only 12 members of the beleaguered alliance remain

Insurance actuaries must be data gatekeepers and teachers, profession is told

Actuaries have drawn positive and negative lessons from the 'data democratisation' during Covid