APRA finalises prudential framework supporting cyclone reinsurance pool
Reinsurance pool expected to reduce premiums by up to $2.9 billion
APRA
Reinsurance pool expected to reduce premiums by up to $2.9 billion
Report found health insurance products aren't appropriately designed
Suggestions aim to support cyclone reinsurance pool
Data covered profit sources, assets backing policy liabilities, and policy liabilities
Players are keen for a definitive turnaround in market fortunes, but inconsistency and cross-signals mean many are just dipping their toes rather than diving in.
Young people accounting for a majority of new members
It also shared forecasts for 2022 and beyond
Government report reveals the top-performing insurers
Financial reports must contain disclosures consistent with those from other for-profit entities
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