Australia

Insurance 

In the wake of the global financial crisis, the insurance industry in Australia faces uncertain conditions.

Richard Marrison

Richard Marrison

National Sector Leader, Insurance

+61 2 9335 8156

 

Leading Insurance Insights

Unique insight and opinion on emerging customer trends and channel developments in the global insurance sector.

General Insurance Survey

KPMG's annual General Insurance Survey includes financial results of general insurers that represent a significant part of the Australian market.

IFRS Newsletters

Updates on developments relating to Insurance Contracts, Leases projects, Banking Statement, Financial Instruments and the Balancing Items.

Market conditions are squeezing both credit spreads and investment returns.
 

To add to industry concerns, locally severe weather events have continued to affect the general insurance market.

 

This environment puts a premium on timely and sound business decision-making.

 

How we can help

KPMG’s Insurance practice works with the general insurance, health, life, reinsurance and broking arms of the industry, helping them make better business decisions.

 

We offer:

  • external audit and internal audit services
  • actuarial services
  • tax services
  • financial advisory services
  • risk management services
  • sustainability advisory services
  • business intelligence and analytics
  • financial analysis and modelling.

 

We combine a strong local presence with access to a global network of experienced insurance professionals. It equips us to drive forward the issues that really matter to individual clients.

 

We advise on regulatory issues as they unfold. We assist clients to fulfil their accounting, reporting, risk management and governance obligations.

 

We help them develop strategic and performance oriented business models.

Video: Insurance industry developments – March 2014

Video: Insurance industry developments – March 2014
Mark Bain, KPMG Asia Pacific's Head of Insurance provides insights on strategies that underpin some of the world's strongest insurance companies.

The Valued Insurer Series

The Valued Insurer Series
KPMG’s approach to helping insurers develop capacity for delivering an exceptional customer experience.