Aussie insurers prioritise governance as product design rules bite
March 31 2022 by Blake Evans-Pritchard
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IAG aware of ‘billions of dollars’ of policies issued to Greensill: report
- April 23
Troubled bank's administrator alleges the Australian insurer 'represented' that Bond & Credit Company had the authority to underwrite policies on its behalf, according to a report by the Australian Financial Review.
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A month in, Australian insurers face ‘a lot of work’ adapting to FAR’s increased accountability
- April 16
Financial Accountability Regime (FAR) requires insurers to map their organisations, responsibilities, and remuneration structure, while the upcoming merger control reforms aim to protect competition in the market.
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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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IAG to release US$125m from provisions after favourable court decree
- February 1
Carrier will include the released amount in the 'net corporate expense’ line in the financial results for the six months to December 31, 2024.
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Beazley | Turbulent Waters: The maritime energy transition challenges
Turbulent Waters: The maritime energy transition challenges
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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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.
