Latest Amp (AMLYY) Headlines A.M. Best Specia
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Posted On: 03/08/2014 7:53:17 PM
Latest Amp (AMLYY) Headlines
A.M. Best Special Report: Australian Life Industry Battles Effects Of Morbidity and Lapse Losses
Business Wire - Mon Nov 04, 4:03PM CST
Australia's life insurance industry has experienced morbidity claims losses and lapse losses for a number of years, according to industry statistics. Net of reinsurance, morbidity losses of AUD 76.5 million and lapse losses of AUD 110.1 million were reported for 2012, based on figures from the Australian Prudential Regulation Authority (APRA). Reported results of publicly listed companies show signs of weakness in underlying performance, according to a special report by A.M. Best Co.
Nursing Homes in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Tue Jun 04, 3:01PM CDT
Nursing homes provide 24-hour high-level care for residents typically aged over 70 and for severely disabled younger people. According to IBISWorld industry analyst Nigel Fitzpatrick, "the industry has displayed strong growth through the past decade and is set for continued expansion, mainly due to the ageing of the Australian population". By 2051, nearly 20% of Australia's population is expected to be above 70 years of age. Australia's ageing population suggests that the Nursing Homes industry should grow strongly. However, its performance has been partly restricted by budget constraints and target provision ratios that control the expansion of funded aged-care places.
Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of AMP Limited
Business Wire - Tue Feb 26, 10:46AM CST
Deutsche Bank today announced its appointment as depositary bank for the Level I American Depositary Receipt (ADR) program of Australia-based AMP Limited (AMP).
A.M. Best Special Report: Australian Life Industry Battles Effects Of Morbidity and Lapse Losses
Business Wire - Mon Nov 04, 4:03PM CST
Australia's life insurance industry has experienced morbidity claims losses and lapse losses for a number of years, according to industry statistics. Net of reinsurance, morbidity losses of AUD 76.5 million and lapse losses of AUD 110.1 million were reported for 2012, based on figures from the Australian Prudential Regulation Authority (APRA). Reported results of publicly listed companies show signs of weakness in underlying performance, according to a special report by A.M. Best Co.
Nursing Homes in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Tue Jun 04, 3:01PM CDT
Nursing homes provide 24-hour high-level care for residents typically aged over 70 and for severely disabled younger people. According to IBISWorld industry analyst Nigel Fitzpatrick, "the industry has displayed strong growth through the past decade and is set for continued expansion, mainly due to the ageing of the Australian population". By 2051, nearly 20% of Australia's population is expected to be above 70 years of age. Australia's ageing population suggests that the Nursing Homes industry should grow strongly. However, its performance has been partly restricted by budget constraints and target provision ratios that control the expansion of funded aged-care places.
Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of AMP Limited
Business Wire - Tue Feb 26, 10:46AM CST
Deutsche Bank today announced its appointment as depositary bank for the Level I American Depositary Receipt (ADR) program of Australia-based AMP Limited (AMP).
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