This Financial Services Accountants Association (FSAA) webinar led by EY provided a market update on the Australian Life Insurance industry, covering:

• Summary of key financial trends across the life insurance and reinsurance industry for 2024 including profitability, capital, new business volumes and lapses
• Key industry themes and outlook including:
• Overview of the market
• Industry challenges impacting growth and retention
• Claims experience, particularly on Retail IP and TPD    
• Economic drivers impacting profitability
• Regulatory focus areas for the life insurance industry

Speakers

• Brendan Counsell – EY Actuarial Lead Partner
• Stacey Hooper – EY Insurance Audit Partner
• Dale Jackson – EY Actuarial Life Insurance Director

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