13 April 2015
Insurers are concerned about further regulation of product design and distribution and increased powers for the two industry regulators, according to the Insurance Council of Australia…
13 April 2015
National Insurance Brokers Association CEO Dallas Booth has welcomed the exemption of most general insurance brokers from the new financial adviser register…
13 April 2015
The Competition Policy Review says consumers should have greater access to their data, in a proposal that would see insurers provide information on customer behaviour…
13 April 2015
The average recommended premium rate for WA compulsory workers’ compensation insurance next financial year will be 1.483% of total wages, down from 1.556%…
13 April 2015
Taxes on general insurance in South Australia add about 20% to premiums, the National Insurance Brokers Association says…
13 April 2015
Losses of $1.2 million from 56 claims have been reported to the Australian Reinsurance Pool Corporation in relation to last year’s Martin Place siege…
13 April 2015
New Zealand’s no-fault accident insurer, the Accident Compensation Corporation, cut rates on April 1 and reported solvency of 99.9% at December 31…
30 March 2015
The Federal Government is to establish a taskforce to investigate creating a government-run reinsurance pool or mutual cyclone insurer in northern Australia to reduce home, contents and strata premiums…
30 March 2015
A federal parliamentary inquiry has questioned the protection available for consumers buying house and contents cover from unauthorised foreign insurers…
30 March 2015
Insurance duties make up 8% of state and territory tax revenue, according to the tax white paper released today…
30 March 2015
Commonwealth public servants will face tougher return-to-work requirements under proposed changes to Comcare…
30 March 2015
Queensland is to have the country’s first permanent disaster recovery agency, under legislation approved by the State Government…
30 March 2015
The Australian Securities and Investments Commission is investigating professional indemnity insurance for financial advisers, Deputy Chairman Peter Kell says…
30 March 2015
Compensation claim limitation periods can pose an obstacle to victims of institutional sexual abuse, but changing them could present challenges to insurers, according to the Insurance Council of Australia…
23 March 2015
Australia needs tougher penalties for white-collar crime, Australian Securities and Investments Commission Chairman Greg Medcraft told the regulator’s annual forum today…
23 March 2015
Federal Coalition backbencher Dan Tehan has described a forthcoming agriculture white paper as a “once-in-100-year opportunity” to create a drought insurance regime that gives farmers financial security and long-term certainty…
23 March 2015
The Australian Securities and Investments Commission has permanently banned the former director of All Class Insurance Brokers, Leroy Bowmaker, from engaging in credit activity…
23 March 2015
The Australian Prudential Regulation Authority has appointed Steve Matthews as EGM Corporate Services, in a major shake-up of its leadership team…
23 March 2015
Businesses should assess and improve their cyber resilience as attacks increase, the Australian Securities and Investments Commission warns…
23 March 2015
“Ultimate responsibility” for a financial institution’s compliance with regulatory standards lies with its board, the Australian Prudential Regulation Authority says…