Welcome to the seventh edition of the Finity Climate Risk Blog and the first of the decade, which focuses on an insight into why countries struggle with acting on decarbonisation…
Read More
We’ve previously expressed our thoughts on how ASIC is likely to regulate claims handling as a financial service. Draft legislation has now been released by Treasury. Many businesses that handle…
Welcome to the sixth edition of the Finity Climate Risk Blog, which focuses on cyber exposure as a component of transition risk and how recent assertions of an affordability crisis…
According to the Australian Actuaries Climate Index (AACI) measure of extreme values, winter 2019 was among the driest since the beginning of the reference period (1981-1990). Acute dry conditions affected…
We recently published a feature article Insurance Re-regulation: Two years down, three to go? which appeared in Finity’s annual industry ‘state of play’ publication, Optima 2019. In the article, Geoff…
Finity’s MD, Scott Collings, has announced the appointment of Andy Cohen as their new Chairman, replacing Tim Andrews who will be leaving the firm at the end of the year….
The issue of the availability and affordability of property insurance in Northern Australia has been the subject of government inquiries and generated considerable media attention. In this blog we consider…
Optima has revealed FY19 was another good year for the General Insurance industry. The industry reported an insurance margin of 9% (3 points lower than FY18) and an ROE of…
Finity has announced new global climate risk expert and senior actuary Rade Musulin has joined their Climate team. Rade will lead the Finity Climate Risk practice area, which for over…
Design and Distribution Obligations (DDO) is the most significant of all the regulatory reforms to be navigated (from the product perspective). If done well, it will break the back of…