The Australian and New Zealand Institute of Finance and Insurance (ANZIIF) has announced the welcomed Tez, CEO of Resolution Life Australasia, and Phillips, General Manager at AIA, to its board.
The Tasmanian government has abolished the Fire Services Levy (FSL) on business insurance policies, prompting further calls for the NSW to do the same.
Effective September 29th, 2023, the responsibility of the Life Insurance Code of Practice will transition from the Financial Services Council (FSC) to CALI.
Lumb (pictured left) arrives as Underwriter, Property Coverholder and Delegated Authority and Urquhart (pictured right) appointed as Underwriter for Accident & Health, as Canopius strengthens its presence...
A surge in disaster-related claims alongside rising inflation across Australia has driven insurance premiums higher; the ICA is urging the government to implement measures to reduce risk and maintain affordability....
Prolonged El Niño weather cycle likely to lead to decreased insurance losses in Australia, but weather cycle brings a host of economic concerns including fire damage, fluctuating crop yields, water shortages,...
ACIL's findings suggest Australia's Reinsurance Pool is not delivering as expected with respect to consumer savings and fostering market competition; recommendations include greater transparency from...
The ICA welcomed disaster funding in the New South Wales' 23-24 State Budget, but continues to call for insurance tax reform for the state that bears the highest insurance taxes in the country.
Singapore's top ten largest reinsurers saw underwriting profits more than double in 2022 as they tightened underwriting terms and lowered losses, amid economic and catastrophe-induced volatility.