16 February 2009
The Federal Government has scored a $2.3 billion retrocession package for its terrorism insurance scheme that is expected to help attract private reinsurers back to the Australian market...
16 February 2009
People affected by the Victorian bushfires may be allowed early access to their superannuation funds and attached life insurance benefits, the Federal Government has announced...
09 February 2009
Latest figures from APRA show continued insurer profitability despite tough economic times...
09 February 2009
The insurance industry is in good shape to withstand the financial crisis, so the prudential regulator says it’s loosening the reins...
09 February 2009
The Federal Opposition believes keeping the insurance industry under state and federal administration will lead to increased compliance costs and says state taxes must go...
09 February 2009
The Australian Securities and Investments Commission has imposed bans on two Sydney men for unauthorised insurance broking...
09 February 2009
Company directors banned from managing companies in NZ will also be disqualified in Australia under an amendment to the Corporations Act...
02 February 2009
Rural commercial insurance-buyers in Victoria are being forced to pay nearly $1 in tax for every $1 in premium after another hike in the state’s fire services levy...
02 February 2009
Senior brokers have questioned the rationale behind the licensing of niche insurers in the Australian market, with the Australian Prudential Regulation Authority (APRA) saying...
02 February 2009
NSW motorists face a hike of up to $70 a year for green slips so the NSW Government can cover an increase in insurance premiums...
15 December 2008
Marsh Australia says insurance customers may be eligible for a big stamp duty refund after the NSW Supreme Court held the impost is not payable by foreign insurers...
15 December 2008
Opponents of insurance taxes have made their collective voice heard during the initial stages of the Federal Government’s wide-reaching review of taxation...
15 December 2008
The Australian Securities and Investments Commission has employed three new commissioners as the regulator doubles its top tier to cope with an extended workload...
15 December 2008
The Southport District Court has sentenced a Gold Coast man to a minimum 15-month jail term for fraudulent dealings including the use of false birth certificates to buy insurance…
15 December 2008
The Australian Prudential Regulation Authority will use a principles-based approach to encourage management behaviour that avoids risk-taking in financial institutions...
08 December 2008
Commercial insurance buyers in rural Victoria will pay nearly $1 in tax for every $1 of insurance premium following another hike in the fire services levy...
08 December 2008
The Australian Prudential Regulation Authority has invited discussion over the future of the central database used to record information on professional indemnity and public…
08 December 2008
General insurers have become de facto tax collectors for both state and federal governments, according to Zurich Australia CEO David Smith...
01 December 2008
The first of the 16 class actions filed by the Australian Securities and Investments Commission against advisers involved in the collapse of Westpoint has been resolved...
01 December 2008
APRA’s role in maintaining a strict regulatory environment is only one factor that has helped Australia’s financial institutions avoid the worst impacts of the global economic crisis...