APRA: No tolerance for further Allianz Australia shortcomings
March 11 2021 by Andrew Tjaardstra
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Review panel urges Australian insurers to implement General Insurance Code recommendations on pricing
- March 19
The ICA, in its action plan released earlier this week, had disagreed with pricing-related recommendations of the independent panel’s final report.
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Korean regulator to promote parametrics, support carriers’ overseas expansion to tackle emerging risks
- March 17
FSC announces 11 proposals to address five major challenges – climate, overseas expansion, technology, population, and debt management.
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Cyclone Alfred claims top 63,000, but event ‘not as significant as first feared’
- March 17
Insurance Council of Australia also releases its Industry Action Plan, which outlines the industry’s position on the remaining recommendations from the Parliamentary Flood Inquiry and the independent review of the industry’s Code of Practice.
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Just the tip of a liability iceberg as PFAS risks become apparent, but legal reform roadblocks remain
- March 17
Firms are set to be drawn into litigation, but changes to the law in Australia are unlikely as they could potentially open the government to significant risks, according to a Sydney-based lawyer.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
