Australian life insurance consumers have faced repeated double-digit increases in their premiums in recent years, prompting calls from the Financial Advice Association of Australia (FAAA) for insurers to provide clear explanations. In a submission to the ongoing independent review of the Life Insurance Code, chaired by former Australian Securities and Investments Commission (ASIC) deputy chair […]

In 2025, natural disasters inflicted profound economic shocks on the global economy, with the Asia–Pacific region emerging as the most severely affected. According to international reinsurance data, total global economic losses from natural disasters reached approximately USD 224 billion, of which the Asia–Pacific accounted for around USD 73 billion—nearly one-third of the global total. This […]