Regulatory & Government
11 September 2017
A government settlement with a group of uninsured Christchurch property owners known as the Quake Outcasts may provide an incentive to shun cover, the Insurance Council of New Zealand warns…
11 September 2017
Insurers have called for help from the NSW Government as they struggle to meet a January start date for removing stamp duty from crop and livestock policies and various small business covers…
11 September 2017
The Australian Securities and Investments Commission would have powers to ban a person from being a senior manager in a financial services business under proposals put forward for comment by a taskforce…
11 September 2017
Two regulators will speak at the Actuaries Institute’s Responding to Risk seminar this Wednesday…
04 September 2017
The Australian Reinsurance Pool Corporation’s cumulative payments to the Government will reach $1.02 billion by the 2020 financial year, according to its latest corporate plan…
04 September 2017
The Australian Prudential Regulation Authority’s new corporate plan highlights fintech and cyber crime as key challenges…
04 September 2017
A targeted review of professional indemnity insurance held by 56 financial services licensees shows only three did not comply with defence cost regulatory requirements, according to the Australian Securities and Investments Commission…
04 September 2017
The Australian Reinsurance Pool Corporation says next year’s triennial review of the organisation should consider extending coverage to include property damage from cyber attacks…
04 September 2017
Insurers’ handling of fraudulent claims will face scrutiny under the Australian Securities and Investments Commission’s focus on financial product and service provider practices…
04 September 2017
New Zealand’s Financial Markets Authority will examine gaps in insurance sector oversight after issues were identified by an International Monetary Fund assessment…
28 August 2017
The Australian Securities and Investments Commission has released a consultation paper on its proposals to reform the way add-on insurance and warranties are sold via car dealerships…
28 August 2017
Australians will struggle to afford property cover unless governments at all levels step up disaster mitigation efforts, the National Insurance Brokers Association says…
28 August 2017
The State Insurance Regulatory Authority wants feedback from builders, homeowners, financial service providers and other stakeholders on proposed home building compensation insurance standards in NSW…
28 August 2017
The Queensland Government has passed laws to increase accountability for dangerous building products, including flammable building cladding…
28 August 2017
The Insurance Council of New Zealand has condemned Labour Party plans to establish an arbitration tribunal for Canterbury earthquake disputes if it wins next month’s national election…
28 August 2017
The Australian Securities and Investments Commission will hold a Regtech Showcase in Sydney as it looks to foster greater understanding of the sector…
28 August 2017
The Australian Securities and Investments Commission says it will maintain a focus on enforcing higher standards in financial services this half-year…
28 August 2017
The Federal Government has appointed a four-person expert reference panel to assist a transition team tasked with smoothing the switch to the new Australian Financial Complaints Authority…
21 August 2017
The NSW Emergency Services Levy Insurance Monitor has suspended a ruling requiring year-earlier pricing details to be included on renewal notices…
21 August 2017
The Insurance Council of Australia is continuing “to engage in constructive discussions” with the Australian Securities and Investments Commission to resolve concerns over add-on product sales through car dealerships…