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  1. Jebi now Japan’s costliest typhoon
    Typhoon Jebi, which struck Japan last September, has become the costliest storm on record for the country due to “loss creep” that has extended into this year, S&P Global Ratings says...
    International | 12 Aug 2019 02:32pm
  2. Zurich clocks best P&C combined ratio in a decade
    Zurich Group has lifted its first-half net income by 14% to $US2.04 billion, helped by a strong underwriting performance in property & casualty...
    International | 12 Aug 2019 02:31pm
  3. Coal retreat 'will boost reputations, ease risk'
    Insurers cutting back on cover to the coal sector are likely to benefit from an ”enhanced public reputation” and reduced exposure to future liability risks, data and analytics company GlobalData says...
    International | 12 Aug 2019 02:30pm
  4. Securities feel the pinch
    The insurance-linked securities market has continued to drop significantly, with only $US1.7 billion of non-life securities issued in the second quarter of this year, down from $US4 billion in 2018 and $6.2 billion in 2017 during the same period...
    International | 12 Aug 2019 02:29pm
  5. Zurich nabs Delaney for CEO role
    Zurich has appointed TAL COO Justin Delaney as its new CEO, Life and Investments, replacing Tim Bailey...
    Life Insurance | 12 Aug 2019 01:46pm
  6. CBA life sale aims for end of year
    The Commonwealth Bank’s disposal of its various life insurance businesses and interests is expected to be completed by the end of the year, the bank says...
    Life Insurance | 12 Aug 2019 01:45pm
  7. AMP reaches revised agreement with Resolution
    Resolution Life will take on the risk for all claims experience and insurance lapse losses from last month until the acquisition of AMP Life is completed, under a salvaged deal with the financial services giant...
    Life Insurance | 12 Aug 2019 01:45pm
  8. Advice bodies warn against consequences of new powers
    The Financial Planning Association and the Association of Financial Advisers are warning that the use of the corporate regulator’s new product intervention powers may lead to significantly higher costs for consumers...
    Life Insurance | 12 Aug 2019 01:44pm
  9. Four reach finals of female excellence award
    TAL and the Association of Financial Advisers have named four finalists for the Female Excellence in Advice Award...
    Life Insurance | 12 Aug 2019 01:43pm
  10. Stronger codes vital, says APRA chief
    Stronger industry codes of practice are needed to improve financial services’ self-regulation following recent failures, Australian Prudential Regulation Authority Chairman Wayne Byres says...
    Regulatory & Government | 12 Aug 2019 01:42pm
  11. New grants give an incentive to women
    MetLife and the Association of Financial Advisers have given 14 inaugural grants to rising female financial planners and paraplanners...
    Life Insurance | 12 Aug 2019 01:42pm
  12. ‘Significant building reform’ needed to restore insurers’ confidence
    Insurers won’t consider offering unrestricted products in the building industry professional indemnity market until confidence in the sector is restored, Insurance Council of Australia says...
    Regulatory & Government | 12 Aug 2019 01:41pm
  13. Regulator seeks whistleblower protection input
    The Australian Securities and Investments Commission is calling for submissions on its proposed guidance for companies to implement protections for whistleblowers...
    Regulatory & Government | 12 Aug 2019 01:40pm
  14. NSW simplifies dispute resolution system
    The NSW Government will establish a simplified dispute resolution system for injured road users and workers...
    Regulatory & Government | 12 Aug 2019 01:40pm
  15. APRA ‘on track’ with royal commission tasks
    The Australian Prudential Regulation Authority says it is on track to meet timelines on the Hayne royal commission recommendations within its mandate...
    Regulatory & Government | 12 Aug 2019 01:39pm
  16. $5 million helps workers get back to work
    icare’s venture arm icare Foundation is awarding $5 million to eight organisations to help injured workers overcome complex barriers in returning to work...
    Regulatory & Government | 12 Aug 2019 01:38pm
  17. IAG’s net profit rises 16.6%, but insurance profit falls
    IAG’s net profit rose 16.6% to $1.08 billion last financial year, boosted by a windfall of more than $200 million from the sale of IAG’s Thai operations in August last year...
    Corporate | 12 Aug 2019 01:36pm
  18. Suncorp Australia earnings drop, NZ business jumps
    Suncorp Australian insurance earnings fell 13.7% last financial year while its New Zealand result surged on premium gains and benign weather...
    Corporate | 12 Aug 2019 01:35pm
  19. Allianz drops CCI after ASIC demands higher standards
    Allianz will no longer support consumer credit insurance, declaring the business is no longer cost-effective after a regulatory crackdown...
    Corporate | 12 Aug 2019 01:33pm
  20. Natural disasters wreak havoc on CBA profits
    Profits from the Commonwealth Bank’s mortgage broking and general insurance division declined by a staggering 73% – or $81 million – compared to the 2018 financial year, the bank says...
    Corporate | 12 Aug 2019 01:32pm

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