General will try to catch Australia's economic growth; Life may keep pace

Despite the general recovery of the economy, the outlook for the insurance business is expected to be slightly behind, according to the latest Swiss Re’s insights on the Australian Insurance Market 2010.

The report, produced annually by Swiss Re’s Economic Research and Consulting team, projects 1.7% real growth in general insurance in 2010, against the backdrop of 2.8% of GDP growth. On the life side, premium inflow is forecast to be 3% in 2010, barely outperforming the general economic expansion.

The report provides a thorough yet succinct overview of the insurance industry in Australia including the recent regulatory developments.

ADD PROMO Insights reports AUSTRALIAN 1/2010

2014 sigma event: containing the...

Average insurance losses from natural and man-made catastrophes were lower in 2013 than in previous years. But floods and storms in Europe and Asia showed us the heavy toll that disasters can take on...

Read the whole story

sigma 3 / 2014

This annual edition of sigma reviews growth developments in life and non-life insurance in 2013.

Read the whole story