News

• Apra slaps A$250m capital addition on Medibank after cyber breach

  27 June 2023

  Medibank has about A$148m unallocated capital

• Generative AI is a transformative technology, says Generali

  26 June 2023

  Company is in experimental stage with tech but will wait for regulation to develop

• Industry must reboot conversation on cyber war and SME insurance problems

  26 June 2023

  Ferma report into cyber risk markets identifies issues insurmountable to date

• UK motor insurers facing another loss-making year

  26 June 2023

  Double-digit premium prices rises expected as inflation takes its toll

• Avoid overly-optimistic claims inflation assumptions, says the PRA

  26 June 2023

  The watchdog said underestimating future claims inflation brings risks

• Senators issue bill targeting US flood programme reform

  23 June 2023

  The current NFIP is accused of increasing flood insurance rates

• Swiss Life fined by Singapore regulator over Wirecard scandal

  23 June 2023

  MAS handed out penalties to three banks and the life firm

• Eiopa cautions about possible increase in lapse rates

  23 June 2023

  The authority also revealed the impact of higher risk-free interest rates on insurers' solvency ratios

• California's antiquated insurance market needs reform, says APCIA

  23 June 2023

  The association said the state's insurers cannot operate without freedom to manage own risk exposures

• IAIS launches final ICS consultation

  23 June 2023

  In preparation for end-2024 launch