Archive

  • Australia's insurers want a property 'buy-back fund' as global warming unfolds

    05 February 2024

    Sector reveals the worst scenario that it's already contemplating

  • Japan's government calls on groups to control subsidiaries better amid Bigmotor fallout

    05 February 2024

    Finance minister acknowledges Sompo Japan "faced pressure from its parent...to secure profits"

  • Consumer advocate urges Australian government to reinsure flood, not just cyclones

    02 February 2024

    Alternative is for government to pay for the uninsured, Australian Consumers Insurance Lobby warns

  • Australia to face reinsurance withdrawal if building isn't smarter

    30 January 2024

    Insurers set to give evidence to parliamentary committee probing 2022 floods

  • Apra imposes A$50m capital add-on for Auto & General Insurance

    30 January 2024

    Non-life firm was already in corporate governance watchdog's sights

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

    30 January 2024

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

  • Sompo issues revamp plans as it scrambles to repair reputation from Bigmotor fallout

    29 January 2024

    Insurer was hit by an FSA business improvement order last week

  • Government reinsurer to cover A$14m of Suncorp's latest gross cyclone costs

    29 January 2024

    Cyclone Jasper hit far north Queensland in December

  • Chinese insurers improve risk management performance in 2023, regulator finds

    29 January 2024

    But shortcomings still identified at some, and 12 assessed as worse than in 2022

  • Australian life insurers back government role in genetic test rules

    24 January 2024

    Senior minister has warned industry status quo will probably change