Australian Federal Budget could reshape super industry: Tria Investment Partners
Last week’s federal budget measure outlining a $1.6 million lifetime cap on pension balances could prompt not-for-profit funds to shift to a ‘full service’ model, says Tria Investment Partners. In a Trialogue note on the impact of the proposed changes to superannuation in the 3 May federal budget, Tria Investment Partners said the introduction of a $1.6 […]
Read more...GrabCar drivers to save with new usage-based insurance policy
Matthew Maguire, Partner of NMG’s Actuarial Consulting business and President of the Singapore Actuarial Society, was part of the expert panel at the AXA and Grab launch of usage-based insurance for private-hire car drivers. SINGAPORE — GrabCar drivers will now be able to pay for their commercial motor insurance according to the mileage on paid trips […]
Read more...Challenges and opportunities in life reinsurance in continental Europe
The continental European reinsurers are trying to explore new areas of business in the life insurance and sickness, given the continuous developments and the difficult market conditions. Prospects for modest growth for traditional reinsurance While globally the reinsurance growth rate has slowed down significantly, at a European level, the volume of premiums ceded shows a […]
Read more...Flaspöhler reveals risk pros’ first choices in P&C insurance
National Underwriter’s Risk Manager Choice Awards is a national survey conducted by Flaspöhler: Part of NMG Consulting. It recognizes the “top” Property & Casualty carriers named by risk professionals in their ongoing effort to mitigate exposures. The insurers listed represent the first choices of those who must ensure that all their insurance needs are met. […]
Read more...Broking success: Data driven
Matt Munro, Chief Executive Officer of iGO4 (part of the NMG Group), talks telematics, aggregator sites and the importance of brokers utilising data to add value for insurers. How did you get started in insurance? I fell into insurance. I got a job at Endsleigh and, like most people, thought I’d do this for a […]
Read more...Matthew Maguire becomes President of the Singapore Actuarial Society
NMG Consulting congratulates Matthew Maguire, Partner, Actuarial Consulting on his recent appointment as President of the Singapore Actuarial Society (SAS). Matthew works with non-life insurers, reinsurers and regulators across both statutory and strategic projects, including market entry, product and channel development and portfolio analysis and re-structuring. We wish Matthew the very best in his newly […]
Read more...Clearer communications vital to consumer trust
Independent research commissioned by the CII has identified that customers want greater empathy, clarity and consistency from providers when accessing their pensions under the new freedoms. The research, carried out at the end of last year, highlighted what challenges need to be addressed if the sector is to establish consumer trust and confidence. It shows […]
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