HIH’s Kelly gets 500 hours
07 November 2006
Former HIH Insurance Assistant Secretary Robert Kelly has escaped a jail sentence – one of the few executives to be given a community service penalty over his role in the collapse…
07 November 2006
Former HIH Insurance Assistant Secretary Robert Kelly has escaped a jail sentence – one of the few executives to be given a community service penalty over his role in the collapse…
31 October 2006
The Australian Securities and Investments Commission says authorised representatives selling insurance must identify their Australian financial services licensees in business documents…
31 October 2006
The Australian Prudential Regulation Authority could do a better job in retaining its staff, according to the International Monetary Fund…
24 October 2006
After a long wait, reforms to the Trade Practices Act have been passed by the Senate…
24 October 2006
The investment watchdog may soon be inspecting local companies on behalf of US regulators…
17 October 2006
The Australian Securities and Investments Commission has stepped up its war against corporate misbehaviour, successfully prosecuting 85 company officers…
17 October 2006
A Melbourne broker is one of the latest to be caught up in the ASIC crackdown…
10 October 2006
After evaluating industry feedback, the Australian Prudential Regulation Authority has refined its proposals on the prudential supervision of insurance groups…
10 October 2006
Australia’s general insurance industry is enjoying a strong 2007, with $21.5 billion of premium written over the 12 months to June 30…
10 October 2006
APRA has issued new prudential standards on outsourcing for general insurers and life companies…
10 October 2006
Another senior HIH officer has pleaded guilty to charges relating to the insurance company’s $5 billion collapse…
03 October 2006
Almost every former senior executive of HIH Insurance has faced court since 2001, and last week it was the turn of the collapsed insurance giant’s Chairman, Geoffrey Cohen…
03 October 2006
IAG has come under fire for misleading consumers in advertising and policy documents related to comprehensive motor insurance…
03 October 2006
A Victorian former insurance agent and broker has pleaded guilty to two counts of dishonesty following an investigation by ASIC…
26 September 2006
After extensive industry consultation, the Australian Prudential Regulation Authority has aligned its general insurance framework with the international financial…
26 September 2006
It’s more than five years since the collapse of HIH, and the fallout from the crash is still being played out in courts around Sydney…
26 September 2006
ASIC has disqualified a Melbourne insurance broker from providing financial services for five years…
19 September 2006
As reported two weeks ago by Sunrise Exchange News, the NZ Government has released a review of insurance sector regulation, and the peak industry body has given it…
19 September 2006
The Australian Securities and Investments Commission has updated its policy statement on reducing the regulatory burden on business…
19 September 2006
A Tasmanian insurance broker has appeared in Launceston Magistrates Court on nine charges brought by ASIC related to his conduct as a broker from July 2001 until September 2004…