Singapore's domestic General Insurance GWP tops SG$5bn (US$3.7bn), but underwriting profits dip as country's two largest lines of business record losses.
Sean Carmody acknowledged that reducing Australia's protection gap is a 'wicked problem', but he encouraged insurers to take ownership and find opportunities to make a difference.
New Zealand insurers earnings impacted following acquisition of Westpac Life, but improvements anticipated due to increased operational scale and technological capabilities.
