29 May 2017
Proposals to clamp down on financial misconduct by publishing individual licensees’ breaches could backfire and cause unfair reputational damage, the Insurance Council of Australia warns…
29 May 2017
The Australian Securities and Investments Commission is seeking feedback on its regtech development proposals, which include technology trials and a “hackathon”…
22 May 2017
After 13 years, a new global accounting standard for insurance contracts has been issued by the International Accounting Standards Board…
22 May 2017
Emergency services levy rates on NSW property insurance policies have fallen to about 7% this month from 20% in January, as the market transitions to removal of the charge…
22 May 2017
Treasury is calling for feedback on possibly raising the compensation cap for insurance product disputes to $1 million when the Australian Financial Complaints Authority starts operations in July next year…
22 May 2017
Former Australian Securities and Investments Commission GM Phil Khoury has been appointed to provide independent oversight for the General Insurance Code of Practice review…
22 May 2017
An International Monetary Fund assessment of New Zealand’s financial system has highlighted “significant gaps” in insurance regulation…
15 May 2017
The Insurance Council of Australia has criticised the federal budget for falling desperately short in its commitment to disaster mitigation spending…
15 May 2017
The Federal Government will invest $10.7 million over four years to set up the Cyber Security Advisory Office to enhance the country’s digital defences…
15 May 2017
A Victorian Government discussion paper on increasing insurance among low-income earners flags removal of the 10% stamp duty on home policies as an option…
15 May 2017
Insurers will reinforce their plans to remove the NSW emergency services levy from property policies at a public inquiry tomorrow…
15 May 2017
The Federal Government has unveiled its online Disaster Resilience Knowledge Hub…
15 May 2017
An independent body should be appointed to set the “price of liability” when NSW moves to a hybrid no-fault compulsory third party scheme in December, the Insurance Council of Australia says…
15 May 2017
Insurance & Care NSW is trialling a medical support panel to reduce processing times for treatment in workers’ compensation claims from up to six weeks to a few days…
15 May 2017
Jane O’Doherty has been appointed to lead a new team bringing together the Australian Prudential Regulation Authority’s governance, operational and insurance risk specialists…
08 May 2017
The NSW Government has released a long-term plan to mitigate flooding in the Hawkesbury-Nepean Valley…
08 May 2017
The Victorian Government will remove a 10% stamp duty on agricultural insurance products, making it more affordable for farmers to cover crops, livestock and machinery…
08 May 2017
Insurers and brokers are reviewing draft Treasury regulations that impose levies to fund the Australian Securities and Investments Commission…
08 May 2017
New Zealand’s Taxpayers’ Union has attacked a 40% rise in insurance levies to fund the new national emergency service, echoing the claim that policyholders are unfairly penalised…
08 May 2017
NSW has added a mental health and resilience component to its police force’s reconditioning, rehabilitation and fitness program…