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Showing 1 - 6 of 6 results for insured

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... Asset Management and EIG Partners late last year. "If you've got a car that you think is worth $14,000, and it's insured for $12,500, you don't sell it for $9,000, it's as simple as that," he said. "We think [Origin] is worth much more ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... risk managers to take a holistic approach to risk management considering complex interactions across many disciplines. Insured losses from natural disasters are increasing. 25% of losses globally are uninsured at an exposure level, particularly in emerging ...

Climate resilience needed to dodge $442b VIC loss by 2100

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
... natural disasters. ICA CEO Andrew Hall commented that the 2022 floods in Queensland and NSW caused nearly $6 billion in insured damages. "It was the biggest insurance event in Australia's history, and, according to MunichRe, the second costliest insurance ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... company Swiss Re revealed that record-breaking damage from natural disasters in 2022 led to the third consecutive year that insured losses from such disasters exceeded the US$100 billion mark. That indicates a wide protection gap: 55% of losses were ...

Cyber security a rapidly evolving material risk for companies: Citi Research

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
... reputational and financial repercussions." "I think it's quite clear that the issue of whether companies are or should be insured for cyber risk is a nuanced question," Prior said. "We asked the question, but I don't know if there's a right answer, or ...

Good Shepherd Microfinance, IAG pilot microinsurance

RACHEL ALEMBAKIS  |  FRIDAY, 2 OCT 2015  |  NEWS
... with IAG Labs is a single item insurance solution that will enable people to insure individual items and nomianate the insured value of those items. Insurance 4 That offers consumer choice as well as flexibility, said Adam Mooney, CEO of Good Shepherd ...
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