Regulatory & Government
19 October 2015
Submissions to a review of New Zealand’s Financial Advisers Act include calls for a distinction between selling products and giving advice, and urge the retention of commissions for general insurance products…
19 October 2015
Poor corporate culture affects staff retention, Australian Securities and Investments Commission Chairman Greg Medcraft has warned…
19 October 2015
New Zealand’s Financial Markets Authority has announced a revised structure and key appointments to its executive committee…
12 October 2015
Allianz Australia says a government-supported cyclone reinsurance pool would be an “effective and efficient” way of reducing the cost of property insurance in northern Australia…
12 October 2015
New Zealand insurers have made a fresh attack on the Government’s Fire Services Review for failing to consider significant changes to the funding model…
12 October 2015
Regulators must be mindful of the insurance implications if ride-sharing services such as Uber are legalised, the Insurance Council of Australia has told the NSW Government…
12 October 2015
The Australian Reinsurance Pool Corporation hopes to share knowledge at the inaugural Congress for National Terrorism (Re)insurance Pools…
12 October 2015
The Financial Stability Board has endorsed the higher loss absorbency requirement for global systemically important insurers…
12 October 2015
The Trans-Pacific Partnership Agreement has opened up markets for marine, trade and aviation insurers in some participating countries…
05 October 2015
The Insurance Council of Australia says it understands why the Federal Government is evaluating an industry-funding model for the Australian Securities and Investments Commission’s regulatory activities…
05 October 2015
The Australian Securities and Investments Commission has cancelled the financial services licences of a number of brokers connected with Perth-based Insured Group…
05 October 2015
The Insurance Council of Australia says it was not represented at Prime Minister Malcolm Turnbull’s mini-summit on economic reform last week, and it accepts the tax reforms it seeks “could take some time”…
05 October 2015
SA is on its way to becoming the first Australian state to allow driverless cars, following the introduction of new legislation…
05 October 2015
Insurers have applauded the ACT Government’s landmark decision to legalise Uber and other ride-sharing services, saying it paves the way for the industry to provide tailored motor cover…
05 October 2015
WorkCover Queensland’s net premium fell 13.6% to $1.3 billion in the year to June 30, according to the 2014/15 annual report…
05 October 2015
The ACT Government has relaxed reporting requirements for workers’ compensation, under a move to cut red tape…
05 October 2015
The Insurance Commission of Western Australia has appointed four new commissioners to its board…
05 October 2015
New Zealand’s Financial Markets Authority made a loss of almost $NZ2.5 million in the year to June 30, as implementation of its new regulatory regime pushed up costs…
28 September 2015
The Insurance Council of Australia wants the Federal Government to provide financial assistance to people in northern Australia whose homes need to be made more cyclone-resistant…
28 September 2015
The Australian Securities and Investments Commission rejected 106 applications for Australian financial services licences in the six months to June 30…