Aus & NZ State of Play Market Update
LLOYD'S
Aus State of Play
Aus Market Update
NZ State of Play
NZ Market Update
ANZ Team
Market Update
Australian General Insurance Industry
Underlying Profitability & Outlook
FY23 view of underlying profitability
Cost pressures
Corporate Property
Profitable, meeting target returns
Inflation and Rl costs
Rate outlook
7
Increasing, but at a slower pace
Standalone Liability Profitable, meeting target returns
Inflationary pressures and segment
specific issues
7
Increasing but at a slower pace
Financial Lines
Profitable, meeting target returns
Economic environment, class actions
and segment specific issues
Continuing to moderate
Business Packages
Profitable, meeting target returns
Inflation and Rl costs
R
(shift from hard to soft market)
Increasing at a similar pace
Commercial Motor
Profitable, meeting target returns
Labour and materials inflation
7
Lloyd's
Source 2023 Finity Optima Report
Increasing, but at a slower pace
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