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Showing 111 - 120 of 208 results for "reinsurance"

Reinsurance specialist boosts Australian team

LAURA MILLAN  |  MONDAY, 21 OCT 2013
Global risk and reinsurance specialist Guy Carpenter has expanded its Australian operations team with six new hires and new risk advice solutions. The new appointments will be based in Sydney and will allow the firm to expand its offering from a traditional ...

Insurers now in full recovery mode

STAFF WRITERS  |  WEDNESDAY, 16 OCT 2013
... natural disasters that saw floods, bushfires, earthquakes and tsunamis scar the Asia-Pacific region, the insurance and reinsurance industry is close to recovery. With the great majority of short-tail claims now settled, insurer capital is returning to ...

Catastrophe bonds offer answer to asset correlation problem

MARK SMITH  |  FRIDAY, 11 OCT 2013
... Plenum Australia's managing director Daniel Nickles. The group grew out of Zurich when it became established as a reinsurance hub in the 1990s. There are a only a handful of group's globally that provide ILS products and while there are larger players ...

Life insurers sponsor mental illness awareness day

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013

ClearView reports 92% drop in profits

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
... insurance business was favourable in FY13. Given the current small size of the life insurance portfolio and the historic reinsurance arrangements in place, material claims volatility from period to period is to be expected." On the positive side, ClearView ...

APRA to focus on reinsurers

LAURA MILLAN  |  MONDAY, 26 AUG 2013
The Australian Prudential Regulation Authority (APRA) will focus on the performance of reinsurance groups as a way to prevent the negative effects on the insurance industry if a reinsurer was downgraded or failed. APRA senior manager Kate Bible said ...

Reporting season reveals insurance black spots

MARK SMITH  |  MONDAY, 26 AUG 2013
... coming down as the market gets more competitive and people want better value," he said. Losses of $300 million in Reinsurance Group of America (RGA)'s Australian operations as a result of a spike in TPD claims have also sounded alarm bells within the ...

Suncorp Life set for overhaul after 76% profit plunge

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
... returns on capital by changing the business mix, the commission structures, controlling costs and increasing the use of reinsurance. Suncorp Life claims that its results have been affected by the economic uncertainty, the regulatory changes across the ...

AIA tackles spike in mental illness-related claims

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
... industry is now paying out over $160 million a year in mental illness-related claims. It has become such a problem that reinsurance company Reinsurance Group of America (RGA) last month announced that it would no longer quote for TPDs through super funds. ...

The life insurance sustainability challenge

ALICE URIBE  |  FRIDAY, 2 AUG 2013
... significant rate," NA(C)emeh said. According to Mark Stewart, Managing Director of RGA's Australian subsidiary company, RGA Reinsurance Company of Australia Limited, the Australian life insurance market has experienced decade high lapse rates in the ...