by AIP Online Bureau | Jul 30, 2022 | International News, Non-Life, Reinsurance
The latest figures reveal insured losses have increased six per cent from last month to a record-breaking $5.134 billion The average claim is $22,000, with personal claims averaging $17,000 and commercial claims averaging $71,000 New data, released by the Insurance...
by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Health, International News
The disease is often spread by humans via their shoes, clothes and luggage — and particles can even live in people’s noses, where they may survive for up to 24 hours. The virus can also be transmitted via contaminated meat and other animal products, and survive in the...
by AIP Online Bureau | Jul 19, 2022 | Banking & Bancassurance, International News, Life, Wealth Management/ Philanthropy
Australian banks are grappling with rapidly rising interest rates and falling house prices that’s spurred some investors to reevaluate lenders’ outlooks. The deal hands the lender control of one of the country’s largest retail banks that’s also based in the...
by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
There are 84 per cent property, 14 per cent motor and two per cent commercial claims Sydney: The Australian insurers have received 8,415 claims with an estimated insurance loss of $97.9 million, said the Insurance Council of Australia (ICA) which earlier this week...
by AIP Online Bureau | Mar 21, 2022 | Eco/Invest/Demography, Health, International News, Pandemic, Policy, Risk Management, Technology
“Digital platforms must take responsibility for what is on their sites and take action when harmful or misleading content appears,” Communications Minister Paul Fletcher said in a statement Australia’s media regulator will be able to force internet...
