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Apra publishes final climate guide for insurers
The guide does not impose any new regulatory requirements or obligations
Resolution Life pays A$524m for outstanding stake in AMP Life
Taking full ownership comes 16 months after its partial purchase
Storms trigger Australian catastrophe amid calls for relaxing Covid bans
The ICA said around 36,000 claims had been lodged so far
Australian BI fallout: Insurers slammed for weak risk management
The country's regulator warns the non-life industry "cannot have repeat of the BI issues"
Australian regulator criticises immature recovery plans
Most life insurers chose to inject capital to tackle stressed scenarios
Australian BI insurers must report failings in risk management frameworks
Business interruption claims arising from Covid-19 surprised underwriters
Consider ditching high climate-risk clients, Apra tells insurers
Scenario testing should include temperatures rises exceeding 4°C
Australia's disability income insurers must innovate or die
Disability income products with 120% claims ratio face "pretty bleak" fate, warns life firm CEO
Apra proposes limiting use of offshore life reinsurance
The Australian watchdog argues offshore reinsurers reduce regulatory visibility
Allianz acknowledges failings in oversight for Australian unit
Allianz Australia Insurance agrees it had "longstanding, persistent and serious" risk deficiencies