Insurance in Australia

Insurance In Australia

Australia has a sophisticated and well-developed insurance market, which can be divided into roughly three components: life insurance, general insurance and health insurance. These markets are fairly distinct, with most larger insurers focusing on only one type, although in recent times several of these companies have broadened their scope into more general financial services, and have faced competition from banks and subsidiaries of foreign financial conglomerates.

Read more about Insurance In Australia:  Industry Structure, Regulation, Industry Bodies

Famous quotes containing the words insurance and/or australia:

    In taking out an insurance policy one pays for it in dollars and cents, always at liberty to discontinue payments. If, however, woman’s premium is a husband, she pays for it with her name, her privacy, her self-respect, her very life, “until death doth part.”
    Emma Goldman (1869–1940)

    I like Australia less and less. The hateful newness, the democratic conceit, every man a little pope of perfection.
    —D.H. (David Herbert)