27 June 2011
New Zealand has revised its accounting treatment of insurance and reinsurance claims resulting from 2010 and 2011’s Christchurch earthquakes to better reflect the country’s economic position…
20 June 2011
The federal parliamentary inquiry into the insurance industry’s response to natural disasters is seeking submissions by July 15 and will visit affected regions later this year…
20 June 2011
The Australian Prudential and Regulation Authority has updated the industry on its progress in designing a new capital adequacy regime, addressing industry concerns that have arisen after…
20 June 2011
The Victorian Government has defended the builders’ warranty insurance scheme following media claims that it is a “multi-million dollar rip-off”…
20 June 2011
The Federal Government will allow a 100% tax deduction for any occupation total and permanent disability policy that is sold through a superannuation fund…
14 June 2011
The Australian Prudential Regulation Authority is proposing to publish data on general insurance handled by brokers…
14 June 2011
Assistant Treasurer Bill Shorten has again warned the insurance industry he will continue to push for more reform…
14 June 2011
A future Liberal-National Coalition federal government would not repeal the Future of Financial Advice bill, Shadow Assistant Treasurer Mathias Cormann told a Melbourne event last week…
14 June 2011
The Victorian Government has downplayed the impact of a report which a builders’ group says shows builders’ warranty insurers are reaping massive profits…
14 June 2011
WorkCover Queensland has increased the industry rate for workers’ compensation premiums to an average of 1.42% for 2011/12, up 9%…
14 June 2011
The New Zealand Government has proposed a third-party funding option for the new Financial Markets Authority, External Reporting Board and the Companies Office…
14 June 2011
Insurers will have to revise the way they treat reinsurance in their insurance contracts, according to new proposed global accounting standards…
06 June 2011
The Victorian Government has allocated more than $900 million to implement all 67 recommendations from the 2009 Victorian Bushfires Royal Commission…
06 June 2011
The Australian Securities and Investments Commission must open up a more transparent system with better communication channels and education, new Chairman Greg Medcraft says…
06 June 2011
New Zealand insurers have “cautiously” welcomed the Government’s proposal to open up the Accident Compensation Corporation’s workers’ compensation account to private competition…
06 June 2011
The Australian Securities and Investments Commission is looking at how a product disclosure statement is provided to consumers seeking general insurance quotes over the phone…
06 June 2011
WorkCover WA is demystifying the workers’ compensation scheme for employers, highlighting the role of insurance in getting employees back on the job…
06 June 2011
The Australian Securities and Investments Commission has detailed what it expects to be in credit ratings agencies’ compliance reports…
06 June 2011
The Australian Prudential Regulation Authority is setting new behavioural boundaries for authorised deposit-taking institutions and the general and life insurance industries following a consultation…
30 May 2011
A scathing examination into Victoria’s WorkSafe claims processing has revealed some embarrassing failures by insurers and other claims agents and raised more questions over the sacking…