• Support
  • Log In
  • Sign Up
ANZIIF Logo
Go back
Professional Development

Need help with professional development?

Contact Support

View by Kind
Go back
View by Kind
Short Courses Qualifications Skills Units Compliance Webinars Events Articles Videos Activities Whitepapers Ask an Expert
View by Sector
Go back
View by Sector
Claims General Insurance Insurance Broking Reinsurance Risk Management Life and Retirement Income
All Professional Development The Journal Recognition of Prior Learning Your Career in Insurance
Studying with ANZIIF
Go back
Studying with ANZIIF Enrol Academic Calendar Assessments FNS20 Training Package Student Support
For Companies
Go back
For Companies Train your staff Life Insurance Professional Standards General Insurance Claims Handling Framework Reference books Government Training Incentives
Go back
Membership

Need help with your membership?

Contact Support

Member Tools
Go back
Member Tools
Login Become a member Renew or Reinstate your membership
Members Centre - Professional Development
About membership
Go back
About membership
Your Membership Guide Member Levels Benefits Certified Insurance Professionals Digital Badge Member Directory
Scholarships and Awards
Go back
Scholarships and Awards
Australian Industry Awards New Zealand Industry Awards Academic Awards Lloyds Scholarship Turks Bright Light Award ICNZ and ANZIIF Scholarship
Go back
About ANZIIF

ANZIIF is the leading membership, training and professional development organisation for the insurance and finance industry in the Asia-Pacific region. We partner with a broad range of organisations and government to provide services that support professional excellence. We help enhance standards and improve community understanding of insurance and finance.

Overview
Go back
Overview History Boards and Councils Annual Reports Media Governance Corporate Sponsorship Partners Careers at ANZIIF Contact
Community Initiatives
Go back
Community Initiatives
Your Career in Insurance Careers in Insurance Corporate Supporter Making a Difference Awards Donna Walker Awards Life Insurance Professional Standards General Insurance Claims Handling Framework Generation i
ANZIIF Logo
Professional Development Whitepapers
Whitepaper
0.25CIP Points

Taylor Fry Releases Its 2021 Radar Insurance Market Overview

Taylor Fry
09 Sep 2021
Claims General Insurance Insurance Broking Reinsurance Risk Management
Taylor Fry 2021 Radar Insurance Market Overview

In another head-spinning but generally improved FY2021 for insurers, the issues are big and nuanced — with COVID-19, new customer regulations and climate change the biggest of all.

A MIXED YEAR

In RADAR, Taylor Fry's annual analysis of the general insurance industry, the actuarial consultancy reveals the impacts of the past year are mixed and wide ranging.

‘Some classes of business have definitely fared better than others,’ says Taylor Fry Principal Win-Li Toh.

‘From the ongoing positive effects in motor, to the risk of increasing mental health claims in workers compensation and the significant insurer obligations towards improving customer outcomes across all lines.

‘Add to this the shockwaves of the IPCC climate report, cybersecurity concerns for directors and officers, and the urgency of affordability—as householder premiums continue to rise yet the class remains unprofitable — and it’s clear the challenges are complex.

‘Rising to them will require depth, insight and agile thinking.’

LATEST DATA

Taylor Fry’s RADAR draws on the latest APRA data, combined with the analytics and actuarial consultancy’s knowledge and decades of experience inside the industry.

Across three years of results, the analyses break down each line of business to help insurers benchmark their performance and assess strategies and goals.

It also summarises investments and solvency over the same period to give you an overview of how the market is tracking more broadly.

Download the Whitepaper

This is Worth

0.25 CIP Points

Login to Collect Points & Comment
What are CIP Points? About ANZIIF Membership
Your comment has been successfully posted

Comments

Loading comments

Remove Comment

Are you sure you want to delete your comment?
This cannot be undone.

kitchen sink logo
  • About
  • Professional Development
  • Membership
  • Compliance
  • Contact Us
  • Enrol
  • Become a Member
  • Login
  • Privacy Statement
  • Terms & Conditions

© Copyright The Australian and New Zealand Institute of Insurance and Finance Inc. 2021

RTO NO. 3596