24 October 2011
Wellington, long regarded as having New Zealand’s highest seismic risk, could suffer at the hands of insurers and over-regulation in the wake of the Christchurch earthquakes, NZ Reserve Bank Governor…
24 October 2011
The Australian Securities and Investments Commission has called for improvements in the way consumer credit insurance is sold…
17 October 2011
The NSW Government has formed a taskforce to look into the professional services sector, but general and life insurers have been ignored…
17 October 2011
The Insurance Council of Australia has defended claims that NSW compulsory third party insurers are reaping super-profits from the scheme…
17 October 2011
The House of Representatives disaster inquiry has uncovered significant dissatisfaction with communication between brokers and insurers…
17 October 2011
New Zealand’s Accident Compensation Corporation will reduce compulsory levies on employers and workers next year after reporting a surplus in 2010/11…
17 October 2011
Attorney-General Robert McClelland opened the new $14 million Crisis Co-ordination Centre in Canberra today…
17 October 2011
The Federal Government has finalised the tax treatment rules on total and permanent disability insurance in superannuation funds…
10 October 2011
Poor drafting of the draft Future of Financial Advice bill on payments means general insurance brokers could be included in some bans, according to a leading financial services lawyer…
10 October 2011
While some major steps have been made in recognising the need to abolish insurance taxes, more action is needed, Insurance Council of Australia GM Economics and Taxation Directorate…
10 October 2011
The Australian Prudential Regulation Authority has revised its proposed prudential standards for level two general insurers after receiving four submissions from the industry…
10 October 2011
Federal Attorney-General Robert McClelland is calling on governments and the private sector to work together on disaster management…
10 October 2011
The International Association of Insurance Supervisors has updated its Insurance Core Principles document…
10 October 2011
The Reserve Bank of New Zealand will ensure that insurers are on the path to obtaining a full licence by September 2013 and that by next March they meet the provisional licensing requirements…
10 October 2011
Safe Work Australia is a step closer to harmonising the country’s occupational health and safety laws with the release of 15 draft codes of practice…
03 October 2011
The way general insurance brokers are paid will remain exactly the same and their soft-dollar benefits will also be preserved…
03 October 2011
The Natural Disaster Insurance Review handed its final report to Government on Friday…
03 October 2011
The National Insurance Brokers Association has urged state treasurers meeting in Canberra this week to cut premium taxes which in some cases more than double the price of insurance…
03 October 2011
WA business-owners and contractors face a 1.38% rate rise for workers’ compensation policies following the abolition of age-based limits on claims…
03 October 2011
Insurance companies need to take a lead role in ensuring customers understand exactly what they are signing up for, an inquiry has heard…