07 August 2017
QBE Insurance will refund up to $15.9 million to consumers sold add-on insurance through car dealerships that provided little or no benefit, the Australian Securities and Investments Commission says…
07 August 2017
The Australian Securities and Investments Commission has established a working group aimed at improving outcomes for consumer credit insurance…
07 August 2017
The Insurance Council of New Zealand says the Government has shown common sense in exempting travel insurance and certain types of property such as swimming pools from the fire service levy…
07 August 2017
The Australian Reinsurance Pool Corporation (ARPC) has issued a guidance note to clarify cover in respect of rolling stock…
31 July 2017
NSW Better Regulation Minister Matt Kean has announced a 10-point plan to tackle the issue of flammable cladding, after an audit revealed more than 1000 buildings in the state could contain the material…
31 July 2017
A government plan to prepare New Zealand for climate change fails to adequately address the critical issue of rising sea levels, according to the Insurance Council of New Zealand…
31 July 2017
Former Reserve Bank of Australia assistant governor Malcolm Edey will chair a team tasked with ensuring the new one-stop financial dispute regime is operational by July 1 next year…
31 July 2017
The Australian Prudential Regulation Authority is among a group of global regulators supporting a new international standard for the disclosure of climate risks by insurers…
31 July 2017
The Insurance Council of Australia has cautioned against regulatory changes that may weaken the industry’s ownership of the General Insurance Code of Practice…
31 July 2017
The Australian Securities and Investments Commission has signed a co-operation agreement with its Abu Dhabi counterpart, to help Australian fintech companies penetrate the lucrative Middle Eastern market…
24 July 2017
Tests have proved that cladding on the facade of Brisbane’s Princess Alexandra Hospital is combustible…
24 July 2017
The NSW Independent Pricing and Regulatory Tribunal says any subsidy to encourage take-up of crop insurance should be temporary…
24 July 2017
The Reserve Bank of New Zealand has decided against strict cyber-risk rules for financial businesses, opting for a flexible approach…
24 July 2017
The Financial Stability Board has welcomed publication of a new accounting standard for insurance contracts, and says insurers should begin implementation as soon as possible…
24 July 2017
The Insurance & Care NSW Foundation has partnered with Spinal Cord Injury Australia to fund a fitness service for spinal injury victims in rural NSW…
17 July 2017
NSW Emergency Services Levy Insurance Monitor Allan Fels has sought a fresh pledge from CEOs to “do the right thing” following the Government’s backflip on removing the charge from property policies…
17 July 2017
The presence of flammable building cladding could result in large premium increases, or even a refusal to offer cover, the Insurance Council of Australia has warned…
17 July 2017
Australian Securities and Investments Commission cost-recovery plans continue to cause uncertainty for insurance intermediaries, which fear paying excessive amounts due to definition problems…
17 July 2017
The Commonwealth will give NSW more than $638,000 to fund bushfire mitigation projects…
17 July 2017
The Productivity Commission has opened its inquiry into competition in the financial system, calling for submissions by September 15…