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Showing 1 - 5 of 5 results for "KPMG Actuarial"

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... products. Non-risk products posted a $700 million profit, up from a $600 million loss the previous fiscal year. KPMG actuarial partner Briallen Cummings said "the figures are mixed," noting variations in profitability across different segments of Australia's ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... higher than they were in 2013, with a 125% increase in the incidence of claims amongst men due to mental health. KPMG Actuarial partner Briallen Cummings said the increase in mental health claim pay-outs was notable despite the increase across the board. ...

Actuaries Institute appoints 2020 president

ALLY SELBY  |  MONDAY, 9 MAR 2020
... new president for 2020, with eyes set on giving young actuaries a voice. Hoa Bui, currently also a director at KPMG Actuarial and partner-in-charge of actuarial and financial risk at KPMG Australia, has nabbed the role. During her term, Bui hopes to ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... economy and acknowledged increased concerns by Australia's regulator about product sustainability. Daniel Longden, KPMG actuarial and financial risk partner, said: "Our research found that Australian workers tend to have higher payouts than their counterparts ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... the new parent companies will enjoy the lower cost of capital, together with a longer-term investment horizon. KPMG actuarial and financial risk partner Hoa Bui said: "From a channel perspective it remains to be seen whether Australia will finally see ...
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