Australian watchdog warns against IFRS complacency

Monitoring adherence to accounting standards in financial reports to be key task for regulator


Supervisors get serious on innovation risk

Insurers have plenty to gain from adopting robotics, AI and big data technologies, but supervisors want to see them managing the risks properly. Paul Walsh reports from the IAIS annual conference in Luxembourg


Conduct code overhaul for Australia's life insurers

Governance risk is a key area being tackled by revised document


Australian regulator to sharpen cyber risk focus

Enforcement expected to be another area Apra will develop


AMP took life premiums from dead customers, Royal Commission hears

Inquiry had summoned Australian insurer for a second time


AMP Life hit by Moody's downgrade

Reputational fallout from public inquiry cited as reason


Australian life insurers facing regulatory crackdown

Influential parliamentary report says self-regulation not enough


Allianz unit fined by regulator over add-on insurance

Australian watchdog castigates Allianz Australia and Suncorp


AIA buys troubled CommInsure life unit from Commonwealth Bank

The Australian bank is also considering options for stake in Chinese life venture, BoComm


Commonwealth Bank forced to refund AUD$10m to customers

Australian regulator points to insurance products sold that customers could not claim