Hard market and healthy investment income support outlook, with Moody's adding that limited nat cat events in next 12-18 months may lead to market softening.
GI Code Governance Committee looks to enhance monitoring, enforcement methods on issues like claims handling practices, cash settlements, and under-reporting.
Insurance Council of Australia's roadmap aims to address insurance industry talent shortages, an ageing workforce, the need for diversity, and the climate impact on workers in the sector.