Retail banks are thriving unlike their global counterparts whose investment businesses continue to struggle with tougher regulatory scrutiny.
Insurance | May 28th, 2015 | Continue reading »
Earnings for Australia’s life insurers will come under further pressure in 2015 and 2016 due to a higher number of policy lapses and claims.
Insurance | May 20th, 2015 | Continue reading »
AMP Bank's mortgage book increased to $14.7 billion for the March quarter, an increase of just 1.5 per cent on the 2014 last quarter.
Insurance | May 8th, 2015 | Continue reading »
A turbulent month for the insurance industry has culminated in the Insurance Council of Australia declaring the fifth catastrophe of the year.
Insurance | May 6th, 2015 | Continue reading »
The debate over whether the regulatory pendulum has swung too far in favour of stability in a post-financial-crisis world was the theme of a speech made by APRA chairman, Wayne Byres.
Insurance | April 30th, 2015 | Continue reading »
As insurance companies send assessors into storm-ravaged regions of New South Wales, an expert looks at how new technology could help insurance companies better assess risk.
Insurance | April 24th, 2015 | Continue reading »
The Financial Services Council has unveiled its blueprint for the future of the Australian financial services industry and clarified its position on the contentious issue of life insurance reform.
Insurance | April 23rd, 2015 | Continue reading »
Assistant treasurer Josh Frydenberg last week added his voice to the chorus demanding immediate change to how risk products are sold. But industry consensus remains elusive.
Insurance | April 20th, 2015 | Continue reading »
Australia’s biggest lender by assets, National Australia Bank, has been on a tear this year with its share price rising 18 per cent as investors buy into the bank’s restructuring story.
Insurance | April 16th, 2015 | Continue reading »
Insurance industry analysts have welcomed the appointment of Michael Cameron to the position of Suncorp Group CEO and managing director, with some describing him as a logical choice.
Insurance | April 15th, 2015 | Continue reading »