575 Publications
  • Finity
    Board Composition Test

    The APRA standards are built around the ASX Principles of Good Corporate Governance, but gofurther in some respects. The main topics addressed are:

    Board charter, Board composition, Board Audit Committee, Internal audit, External auditor independence, Board performance assessment and renewal.

    Publication date: July 31, 2006 | Topic: Capital and Risk Management, Pricing, Regulation / Appointed Actuary

  • Finity
    Medical Indemnity for Doctors

    For much of its history in Australia, the medical indemnity industry, which provides proctection for doctors arising from their professional negligence, has been relatively low profile, with indemnity provided to doctors via doctor-owned mutuals (medical defence organisations). However, over the last 6 years this industry has been through an incredible amount of change with insolvencies, compulsory movement to insurance and increased levels of government intervention the order of the day. The last two years has seen some return to stability in the market, although competitive pressures are now building.

    This article examines what’s happened in recent years and provides an outlook on the challenges facing the market in the years to come.

    Publication date: July 31, 2006 | Topic: Capital and Risk Management, Health insurance, Regulation / Appointed Actuary | Author: Gillian Harrex, Karen Cutter

  • Finity
    Integrating Business Planning and Risk Management

    Regulatory changes and challenges: Integrating business planning and risk management – are insureres ready?

    Operational risk management should be an integral part of a well-run business – but is it?

    Publication date: May 31, 2006 | Topic: Capital and Risk Management, Regulation / Appointed Actuary

  • Finity
    Storm Insurance Costs

    Stom Insurance Costs: How have recent weather conditions impacted profitability?

    With the drama and tragedy of recent storms and tsunamis still fresh in our memories, are historical long term weather experiences still providing and appropriate benchmark for establishing technical premiums? David McNab and Tim Andrews look at the facts.

    Publication date: March 31, 2006 | Topic: Natural perils, Pricing | Author: David McNab, Tim Andrews

  • Finity
    APRA Prudential Standards

    On 9 February 2006, APRA released its final prudential standards in relation to Risk and Financial Management. This overview touches on the points likely to be of most interest and highlights the key changes since the draft standards were released in May 2005. We also make some brief comments on the other prudential standars that are still to be released.

    Publication date: February 21, 2006 | Topic: Capital and Risk Management, Regulation / Appointed Actuary | Author: Estelle Pearson, Geoff Atkins

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