Initial insured property losses for December’s hailstorms in Sydney are estimated at A$635 million (US$457.5 million), according to PERILS, the...
Australian market News
For nine months a quasi-judicial public inquiry into Australia’s financial system has heard allegations of bribery, fraud, board-level cover-up, abuse...
An inquiry that has exposed rampant greed and wrongdoing in Australia’s major banks and wealth managers wraps up this week...
Commonwealth Bank of Australia Chief Executive Officer Matt Comyn has pinned the blame on predecessor Ian Narev for failing to...
Australia’s life insurers will be required to publish customer dispute numbers every six months, top financial regulators said on Wednesday,...
Australian Prime Minister Scott Morrison said on Sunday it was up to the country’s financial regulator to prosecute bankers following...
Australia’s big banks and wealth managers pursued profit ahead of their customers’ interests and saw regulatory compliance as a cost...
Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd. from supplying equipment for a 5G mobile network, citing risks...
StarStone, the global specialty insurer, has launched a casualty consortium targeted at the Australian and New Zealand markets. The consortium...
Arthur J. Gallagher & Co. announced the acquisition of Milne Alexander, with offices in Sydney, New South Wales and Port...