22 June 2015
Prime Minister Tony Abbott has called on the insurance industry to “explain itself” over high property premiums in northern Australia and hinted that a solution could involve “new entrants” or “different types of insurance products”…
22 June 2015
The Federal Government’s workers’ compensation scheme, Comcare, must be reformed to remain financially viable, the Senate was told last week…
22 June 2015
The Australian Securities and Investments Commission warns it will crack down on “delinquent culture”, and may set up a peer-review disciplinary panel for financial services…
22 June 2015
New Zealand’s Financial Markets Authority will focus its resources on seven strategic priorities including governance and culture over the next four years…
22 June 2015
The SA Treasury expects less revenue from general insurance duties in 2015/16, reflecting lower premium growth…
22 June 2015
The Australian Prudential Regulation Authority has clarified how reinsurance arrangements should be treated as assets, following a consultation that started last year…
15 June 2015
Amendments made to WorkCover NSW in 2012 have left the program “overly complex and a source of confusion and frustration for all scheme participants”, according to the WorkCover Independent Review Office…
15 June 2015
IAG has called for the abolition of stamp duty on insurance in its submission to the Federal Government’s tax discussion paper…
15 June 2015
The UK insurance regulator’s critical review of delegated authorities reinforces the value of local representation, according to Talbot Australia MD Adam Matteson…
15 June 2015
Australian Prudential Regulation Authority Deputy Chairman Ian Laughlin will leave the insurance regulator at the end of this month when his five-year term expires…
15 June 2015
The Queensland Government is to wind back “harsh and unfair” changes to WorkCover legislation made under former premier Campbell Newman…
15 June 2015
New Zealand’s Financial Markets Authority has announced appointments and a new role within its executive team…
09 June 2015
The New Zealand Government is consulting on regulation of the financial advice industry, with commissions in the firing line…
09 June 2015
Credit card issuers and insurers have agreed to improve the information they disclose about travel cover provided through their cards…
09 June 2015
The Insurance Council of Australia believes the Federal Government’s tax discussion paper could provide a crucial breakthrough on the long-awaited abolition of insurance stamp duty…
09 June 2015
Australian Securities and Investments Commission Chairman Greg Medcraft says company culture is set to become an area of interest for the regulator…
09 June 2015
The competition regulator has welcomed a call for it to have the power to seek redress on behalf of consumers and small businesses affected by breaches of competition law.…
01 June 2015
Abolishing state stamp duties on insurance premiums would result in a more efficient tax system, the Insurance Council of Australia says in a submission on the Federal Government’s tax discussion paper…
01 June 2015
The ACT will remove stamp duty from general and life insurance from July 1 next year, tomorrow’s budget will show…
01 June 2015
Builders’ warranty insurance in Victoria is “widely misunderstood, provides only limited protection for consumers and is significantly more costly than it needs to be”, according to the state’s Auditor-General John Doyle…