Australian families are underinsuring themselves to the tune of $304 billion per annum against disability, according to a study conducted by KPMG.
Insurance | February 11th, 2014 | Continue reading »
Australian insurers are facing growth constraints driven by increasing competition, claims pressures, an expected slowdown in premium rates and macro economic factors - despite reporting improved profitability in 2013.
Insurance | February 6th, 2014 | Continue reading »
The upcoming reporting season should shed some light on whether the underlying margins of general insurers will scale new heights this financial year.
Insurance | February 5th, 2014 | Continue reading »
If Australians have to pay for their own insurance, so should the banks. That is one of the ten recommendations made by Mark Bouris, executive chair of Yellow Brick Road, to the Financial System Inquiry.
Insurance | February 4th, 2014 | Continue reading »
Regulatory change and business interruption are the two biggest challenges facing Australian business, according to a recent study from Allianz. But the greatest threat may actually be the interconnectivity of these risks, writes Angela Faherty.
Insurance | February 1st, 2014 | Continue reading »
Insurance Australia Group has downgraded guidance for growth in gross written premium this financial year leaving analysts guessing what’s behind the surprise announcement.
Insurance | January 24th, 2014 | Continue reading »
The fortunes of IAG, Suncorp and QBE over the past six months have been summed up as: one clear winner, one not so lucky and the jury is still out on the third.
Insurance | January 23rd, 2014 | Continue reading »
Risk-management licensee Synchron hopes to put a difficult 2013 behind it and has welcomed proposed amendments to the Future of Financial Advice (FoFA) legislation.
Insurance | January 22nd, 2014 | Continue reading »
Early Monday morning IAG signed an agreement, emerging the winning bidder for Wesfarmers’ Australasian underwriting businesses. It will raise $1.4 billion equity to fund the $1.845 billion acquisition.
Insurance | December 17th, 2013 | Continue reading »
St George priced $1 billion of asset-backed securities last Thursday, ensuring a full stocking for the final DCM Wrap of the year.
Insurance | December 16th, 2013 | Continue reading »