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Analysis

CEOs look on the bright side

19 March 2018

The insurance industry may be one of the most disrupted in the world, but CEOs are not letting the pressure get to them…

Little relief from the regulatory squeeze

12 March 2018

Sorry, but calls for a slowdown in the regulatory reform that’s apparently wearing out the insurance industry are likely to go unheeded for some time…

Insurtech: cutting through the hype

05 March 2018

The noise surrounding insurtech can make it hard to get a clear understanding of what is actually going on, and what we should be doing about it…

Data breach laws a wake-up call for clients

26 February 2018

Sweeping changes to the way companies must manage data breaches may prove the catalyst for business to take up cyber insurance, and offers a fillip for brokers…

Claims shape as battlefield in contract dispute

19 February 2018

Insurers may have a tough time fighting plans to extend unfair contract terms to the industry, with claim rejections providing an easy target for campaigners for change…

Commission challenges the brand illusion

12 February 2018

The Productivity Commission, which serves as a major feeder into Federal Government thinking, isn’t convinced insurance competition is as robust as the industry maintains…

GI Barometer: confirming the upturn

05 February 2018

Doubts about a sustained upturn in the commercial insurance market can be largely cast aside based on the picture painted in this year’s JP Morgan Taylor Fry General Insurance Barometer…

Mitigation: a bridge too far for the Government

29 January 2018

The Federal Government accepts disaster mitigation is the only sustainable way to reduce premiums in catastrophe-prone northern Australia. That’s the good news coming out of its long-awaited response to the region’s insurance pricing issues…

The lessons of history

11 December 2017

Henry Ford observed that “history is bunk”, which may be correct – who are we to argue with dead American billionaires? – ­but it nevertheless throws up lessons that are as true today as they were long ago…

Roundtable raises stakes on resilience spending

27 November 2017

Convincing governments to increase mitigation spending is tough, but the Australian Business Roundtable for Disaster Resilience & Safer Communities has upped the ante in its latest report on the benefits of action and costs of inaction…

Profits up, but tech challenges looming

20 November 2017

The latest KPMG General Insurance Industry Review presents a buoyant picture, with profitability on the rise as rates increase, while the industry has also seen cost benefits from technological change…

Cracking the code: another step forward

13 November 2017

The wide-ranging fifth review of the General Insurance Code of Practice needs to show the industry can meet higher community and regulatory expectations amid an ever-sharper focus on financial sector standards and behaviour…

Slow claims, hard problem

06 November 2017

The claims process can be tricky at the best of times, but in a hardening market challenges can be exacerbated…

Vital signs: Finity check-up points to recovery

23 October 2017

Finity Consulting’s latest “health check” on general insurance adds to an improving prognosis for the industry after years of weak premium growth and subdued investment returns…

Innovation: insurers are answering the call

16 October 2017

Insurers are not suffering from an innovation deficit, according to the latest Swiss Re Sigma report, which largely debunks the widely held perception of an industry out of step with the new economy’s needs…