06 June 2022
The Reserve Bank of New Zealand has published a review version of an insurance interim solvency standard and says it expects the finalised document will be released by the end of September...
30 May 2022
Submissions on a consultation paper released by the Quality of Advice review, which is looking at issues including broker commissions, are due by Friday...
30 May 2022
The Insurance Council of Australia has encouraged the NSW Government to look at a retreat of homes and businesses from areas such as North and South Lismore, as highlighted in the city council’s discussion paper, and says it’s important decisions aren’t delayed...
30 May 2022
An independent NSW flood inquiry and a separate parliamentary select committee inquiry into the catastrophe response are both holding community meetings in affected areas over the next few weeks...
30 May 2022
Governments should offer subsidies to homeowners so they can afford to pay for flood mitigation measures, Swiss Re says...
30 May 2022
The Reserve Bank of New Zealand says it is still considering whether or not to proceed with further work on a policy guarantee scheme after industry submissions were “universally against” while policyholder focus group views were mixed...
23 May 2022
Jim Chalmers has been sworn in as Treasurer and Katy Gallagher as Finance Minister following the Australian Labor Party’s victory in Saturday’s federal election...
23 May 2022
The deadline for submissions to the NSW inquiry into the state’s flooding has been extended by five weeks to ensure everyone affected has the opportunity to contribute...
23 May 2022
NSW state insurer icare has partnered with the Personal Injury Educational Foundation to establish an educational scheme for workers’ compensation claim professionals as part of its Professional Standards Framework...
23 May 2022
New obligations in Victoria aimed at protecting workers from exposure to deadly crystalline silica dust have commenced this month...
23 May 2022
Insurers have called for more time to introduce changes that will be needed under proposed legislation to reform the Earthquake Commission...
16 May 2022
The Australian Prudential Regulation Authority says “poor product design” is contributing to insurance affordability issues, and has pledged to work with insurers to make improvements...
16 May 2022
The Australian Financial Complaints Authority has completed a program of work to provide greater clarity around its fairness responsibilities while providing tools to assist all parties involved in the disputes process...
16 May 2022
The NSW Government is launching an investigation into the conduct of the former City of Botany Bay regarding Mascot Towers, which was evacuated in 2019 after fears the building was unsafe...
16 May 2022
Queensland’s Resilient Homes Fund is open, with residents invited to apply for buy-backs or grants to raise, repair, or retrofit their home...
16 May 2022
The Insurance Council of New Zealand has proposed a more graduated approach to reporting climate change impacts on financials, as disclosure rules are considered ahead of new reforms coming into effect...
09 May 2022
The Australian Financial Complaints Authority has outlined its approach to the proximate cause of losses and how contentious cases are decided where multiple issues have led to damage...
09 May 2022
The Australian Prudential Regulation Authority plans to enhance its data collection to gain greater insights into the performance of products and emerging risks, the Actuaries Institute summit has heard...
09 May 2022
The Tasmanian Government has opened consultations on plans to re-introduce a home warranty insurance scheme in the state...
09 May 2022
The Australian Financial Complaints Authority has made early “merit assessment” a permanent feature of its process, saying a pilot program showed this made complaints handling faster, cheaper and fairer...