Japanese insurer fears Covid-19 will stoke Australian unemployment and claims
"If ever there was a year when risk managers proved their worth, this was it," chief regulator says
Regulator concerned that boards are not informed about cyber risk
Troubled line needs "stricter underwriting," says S&P Global
Capital and reporting standards need alignment before Australia's IFRS 17 takes effect
But younger insureds are still leaving private cover
Regulator is consulting on declassifying other life and non-life insurance data
Disability income insurance tops list of disputed claims
Apra says insurers must discount premiums meaningfully for homeowners undertaking mitigation
The Australian regulator's annual report also reveals some details of capital adjustments for disability income cover