The final report of Australia’s Banking Royal Commission has highlighted a multitude of pressing issues in the banking, financial services and insurance industries. This short guide highlights the implications and how organisations can navigate the changing regulatory landscape.
EXL’s Governance, Risk and Compliance practice specialises in interpreting regulatory mandates and assisting clients on their regulatory transformation programmes. Here we present a quick synopsis of the ongoing Banking Royal Commission of Australia and the implications for the insurance industry.
Impact Forecasting evaluates the impact of the natural disaster events that occurred worldwide during March 2017. Topics covered: extensive severe weather hits the United States; Cyclone Debbie impacts Australia; proclaimed ‘coastal El Niño’ affects South America.
Tornadoes attract little in the way of special attention from underwriters of primary or catastrophe cover, but for claims teams, however, they represent a huge challenge. Download this article for insights into the high-speed weather phenomenon threatening destruction around the world.
Impact Forecasting’s launches its 2004 Indian Ocean Tsunami: 10 years on report that delves into the science behind tsunamis and explains how this information is being practically incorporated into new probabilistic models for Japan and Chile, plus the planned scenario models for Asian region.
Aon Benfield's monthly report studies global natural disaster perils and aggregates the insured and economic losses for each region. Topics covered: Australia's most damaging and costly hailstorm in decades; winter weather wreaks havoc in the United States; global floods.
This paper attempts to unravel some of the mysteries surrounding management liability insurance by explaining what the product is designed to cover with reference to case studies and industry data. The paper also details how the product developed over time and potential developments in the future.
Country Profiles provides individual summaries for Lloyd’s key territories. These profiles contain factsheets on the economy, insurance market and Lloyd’s business. This analyst report from May 2013 focuses on Australia.
BestWeek Asia-Pacific provides regional ratings information and analytical content. This week's edition covers: Japanese reinsurance renewals; Australia's restrictive capital rules; top ten insured freshwater floods; London market insurers' focus on capital management.
BestWeek Asia-Pacific provides regional ratings information and analytical content. This week's edition covers: Thailand's non-life and reinsurance sectors; emerging technology risks; Australian fire and flood claims; regulatory developments in Singapore; regional composite stock indexes.