66591

Apra publishes final climate guide for insurers

The guide does not impose any new regulatory requirements or obligations

66487

Resolution Life pays A$524m for outstanding stake in AMP Life

Taking full ownership comes 16 months after its partial purchase

66475

Storms trigger Australian catastrophe amid calls for relaxing Covid bans

The ICA said around 36,000 claims had been lodged so far

66406

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"

66176

Australian regulator criticises immature recovery plans

Most life insurers chose to inject capital to tackle stressed scenarios

66124

Australian BI insurers must report failings in risk management frameworks

Business interruption claims arising from Covid-19 surprised underwriters

65798

Consider ditching high climate-risk clients, Apra tells insurers

Scenario testing should include temperatures rises exceeding 4°C

65794

Australia's disability income insurers must innovate or die

Disability income products with 120% claims ratio face "pretty bleak" fate, warns life firm CEO

65753

Apra proposes limiting use of offshore life reinsurance

The Australian watchdog argues offshore reinsurers reduce regulatory visibility

65659

Allianz acknowledges failings in oversight for Australian unit

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