Journal articles
New Zealand earthquake – the aftermath
It was announced in August that the expected cost of claims the New Zealand Earthquake Commission (EQC) faces from the Canterbury earthquakes had risen from $3 billion to $7.1 billion. In addition, the New Zealand High Court has ruled that the EQC is responsible for multiple claims on one property resulting from the multiple events [...]
Posted: December 15th, 2011, Filed under: ANZIIF Journal, Journal articles
Flood – Can the Insurance Industry Keep Its Head Above Water?
There has been widespread community concern and media commentary on the role of insurance following the recent floods. In some cases consumers feel let down by the support that insurance provided (or perhaps didn’t provide). Following the floods, the Federal Government announced a Natural Disaster Insurance Review (NDIR) that is considering (among other things) the [...]
Posted: August 14th, 2011, Filed under: ANZIIF Journal, Journal articles
Using Machine Learning to Enhance Portfolio Value
Published in the June 2011 edition of the ANZIIF Journal (Volume 34 No 2), this article discusses how portfolio segmentation is becoming a key component in the management of insurance portfolios. However, one size does NOT fit all and so a targeted approach to the implementation of portfolio management initiatives is required to create sustainable [...]
Posted: July 1st, 2011, Filed under: Journal articles
One Step Closer to a Brave New World
Posted: May 26th, 2011, Filed under: ANZIIF Journal Article, Journal articles
An Ageing Workforce and Workers’ Compensation ANZIIF Summary
Posted: May 31st, 2010, Filed under: ANZIIF Journal Articles, Journal articles
The Importance of Financial Liquidity
Liquidity risks do not normally arise in general insurance but with turbulent times recently, this may well become an important issue. The authors look at this situation in Australia and New Zealand and compare it to the UK regulations. They conclude with a possible alternative approach.
Posted: March 31st, 2010, Filed under: ANZIIF Journal Articles, Journal articles
Counting Carbon – Implications for Australian Businesses
As we move towards implementing the Emissions Trading Scheme, opportunities will emerge for actuaries, as well as other professions, to apply their skills to this rapidly evolving sector of financial markets. Jon Tindall looks at the legislative development of the carbon reduction bill and the kinds of risk management products that will be in demand.
Posted: December 14th, 2009, Filed under: ANZIIF Journal Articles, Journal articles
It’s Raining, and Insurers are Paying, but are they Collecting?
Historically riverine flood has been difficult to insure but there are several reasons to believe that flood coverage in Australia may become more common. Ada Lui and Tim Andrews look at some of the issues concerning the extension of coverage under domestic householders insurance policies to cover damage caused by riverine flood.
Posted: August 26th, 2009, Filed under: ANZIIF Journal Articles, Journal articles
New Zealand Insurance Meets Prudential Regulation
New Zealand has had one of the least regulated insurance markets in the world – but not for much longer: a new systen of prudential regulation is on its way, Ian Burningham reviews the changes.
Posted: April 30th, 2009, Filed under: ANZIIF Journal Articles, Journal articles
Collaterisation of Non APRA Regulated Reinsurance Recoveries – Has the Industry’s Passion Subsided?
APRA’s prudential standards package released in June 2008 introduced higher capital charges on reinsurance recoveries from non-APRA regulated insurers, i.e. foreign reinsurers
Posted: February 28th, 2009, Filed under: ANZIIF Journal Articles, Journal articles
