Changes to the types of data collected about First Nations people, how it is used and who controls it are needed if Australia wants to progress towards improving the lives and futures of Aboriginal and Torres Strait Islander people, a report commissioned by the Actuaries Institute suggests.
Price Forbes Asia has appointed Mr Thomas Russell as director, head of Australian and New Zealand wholesale. The role is newly created.
The Australian Prudential Regulation Authority (APRA) has released a comprehensive package of product performance metrics and insights to increase transparency and sharpen superannuation trustees' focus on improving member outcomes.
Research released yesterday by the Association of Superannuation Funds of Australia (ASFA) revealed that 51% of adult Australians, including around 60% of those aged 65+, have consulted any source of information on preparing for retirement.
Markel has appointed Ms April Tam to the roles of senior underwriter, professional financial risk (PFR) and head of financial institutions, Asia. In her new role, she will strengthen Markel's financial institutions proposition in Asia.
The Australian Government's cyclone reinsurance pool has begun delivering lower premiums for some consumers in some regions facing higher risk of cyclones, according to a report released yesterday by the Australian Competition and Consumer Commission (ACCC).
US-headquartered BAM Mutual, the mutual bond insurer focused on reducing the cost of debt sold for essential infrastructure, is opening a Melbourne office and will begin insuring bonds and loans sold to finance projects in Australia and New Zealand.
The board of the Insurance Council of Australia (ICA Board) has appointed Mr Steve Johnston as chair. He will succeed Mr Nick Hawkins and begin his term on 1 January 2025.
WTW, a leading global advisory, broking, and solutions company, has formed a dedicated technology industry practice within its Corporate Risk & Broking (CRB) business in Australia and New Zealand.
With Australia's premium funding market now exceeding A$9bn ($6bn), there are opportunities to provide additional finance options and greater broker support, according to Oz Premium Finance founder and director Karl Kirsten. Oz Premium Finance is an insurance premium funding start-up.