When it comes to the mortgage insurance sector, risks matter. And for anyone involved in mortgage-markets in Australia, risks have been mounting at a rapid clip in recent months.
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Briefs
The Financial Services Council (FSC) and its fund management members are leading the transition to a lower emissions economy following the release of guidelines that will help combat climate change and greenwashing.
Deaths from COVID-19 are expected to reach 7,100 for the first seven months of 2022, according to Actuaries Institute research, with COVID-19 expected to be the third leading cause of death so far this year.
Class action exposure for corporate directors is on the cusp of exponential growth, said Marsh head of FINPRO, claims solutions Melody Carr in a panel discussion on the future of class actions in Australia at the Australian Insurance Law Association’s 2022 National Conference in Sydney on 10-12 August.
The Australian Prudential Regulation Authority (APRA) has published its updated plan to reinforce the financial soundness of the insurance and superannuation between 2022 and 2026.