Australia
Australian regulator warns of bad trends in superannuation
Australian regulator warns of bad trends in superannuation
There has been decay in group life insurance claims in 2019 and 2020.
Chubb names Peter Kelaher as Australia, New Zealand country president
Chubb has appointed Peter Kelaher as country president for Australia and New Zealand.
Australian general insurers' 2020 net profit nosedive 99% to $26.8m
Catastrophe claims and BI provisions were amongst the reasons.
Losses continue for Australian life insurers
Risk products posted a combined net loss of $379m in December 2020.
Australian insurers' capacity shrinks: report
Several classes have experienced premium hikes.
IAG records $365m net profit loss for H1 2021
Gross written premiums grew 3.8%.
Australian insurance council to review coverage gaps
Concerns have been raised about affordability and availability.
Australian life insurers sink as slump hits sector
Recovery will be a measly 0.2% in 2021.
Pandemic drums up life insurance demand amongst Australia's wealthy
But it has also crippled away at HNWs trust on insurance providers.
Australia's IAG stresses growth track despite bleak results
Insurance and net profits posted respective double-digit slumps.
Australia's travel insurers to contract 7.7% in 2020
The return of movement restrictions will haunt the sector.
Australian wealth firm AMP hit with class action over insurance advice
The Federal Court has ordered AMP in February to pay for incorrect advice.
Australian insurers fret over pandemic's effects on employees: study
47% have reported a rise in mental health issues.
Most Australians can't pay upfront fee for insurance advise: study
Regulatory disruptions have also reduced access to life insurance.
Lower claims cushion Australian P&C insurers from market volatility
Effective policymaking has also protected the segment from external shocks.
Sector risks weigh down on Australian mortgage insurers
Last year’s earnings dropped below the five-year average ROE of 10.7%.
Australia's Suncorp to lose $87m due to COVID-19
The pandemic has had a negative effect on gross written premiums.
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