Why KPMG believes El Nino will boost the profits of IAG, Suncorp and QBE
One analyst says catastrophe claims in El Nino periods are broadly on par with that of neutral weather patterns, and 42 per cent lower than in La Nina.
Source: afr.com
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KPMG lifts lid on insurers' tough home and motor challenges | Insurance Business Australia
Premiums a massive $24 billion vs. total profits only $100 million
Source: insurancebusinessmag.com
Small businesses insurance premiums rising 30% a year: COSBOA
Insurance costs are rising for small businesses, as KPMG projects double-digit increases over the next twelve months.
Source: smartcompany.com.au
Is IAG stock a good defensive ASX 200 buy right now?
Some shares, like the ASX 200’s Insurance Australia Group Ltd (ASX: IAG), have inbuilt protection from the market’s ebbs and flows.
Source: fool.com.au
KPMG insurance expert Scott Guse predicts cost of insurance will rise 10 per cent this year due to natural disasters, inflation
KPMG Partner and insurance expert Scott Guse says premiums will rise 10 per cent this year in worrying news for households already struggling with a cost of living crisis.
Source: skynews.com.au