APRA probes heavy losses in disability income insurance market
The review is being made over concerns that losses in income-protection policies are dragging down the profitability of the entire insurance industry
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Consultation package on the appointed actuary role within insurers released
A prudential regulator noted the diminishing role of the appointed actuary in some parts of the industry
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APRA warns of the risks of too much competition
Excessive competition could lead to the inappropriate pricing of risks or the acceptance of excessive risks, the regulator said
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Review finds gap in ASIC's legal powers
The corporate watchdog's banning powers need beefing up, suggested task force says
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CBA may divest its life insurance business - report
The sale of the problematic unit is one of the options being considered in an insurance review
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ASIC finalises cost recovery framework
New framework provides a methodology for calculating levies
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Suncorp to raise $250 million in capital notes offer
The capital notes will be issued on May 05, 2017, and will be used to fund the group’s regulated entities
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Reviews into insurance arm to remain confidential
Law firm claimed its public release is relevant to restoring confidence in the sector
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IAG boss says climate change planning is a challenge for insurers
APRA member cheered for urging financial companies to disclose and better prepare for risks
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AxiomSL expands Asia-Pac footprint with senior hire
The company has appointed a 20-year industry veteran to the role of country manager for Australia