Regulatory & Government
07 October 2019
A registration scheme would be set up for NSW-based design practitioners, who must also be “adequately insured” as part of the state government’s efforts to reform the troubled building industry...
07 October 2019
The NSW Government intends to lift the interim measure that allows registered certifiers to hold professional indemnity insurance with conditions...
07 October 2019
The Insurance Council of Australia has expressed support for the Australian Accounting Standards Board’s submission over draft changes to a new accounting rule...
07 October 2019
Insurance & Care NSW has announced the contenders for its Care and Service Excellence Awards...
07 October 2019
The Australian Prudential Regulation Authority has created a separate insurance division to be led by Brandon Khoo as part of a shake-up of the regulator’s structure following the Hayne royal commission...
07 October 2019
Former UK Treasury deputy director Clare Bolingford will start in January as the Financial Markets Authority Director of Banking and Insurance...
30 September 2019
QBE and Genworth say the Federal Government must ensure its first home buyers assistance scheme doesn’t crowd out private providers of lenders mortgage insurance...
30 September 2019
Australian Prudential Regulation Authority industry levy calculations and details about how they will be used should be more transparent given the costs involved, the Insurance Council of Australia says...
30 September 2019
The Australian Prudential Regulation Authority is seeking feedback on its proposals for integrating a new accounting standard into insurers’ prudential framework...
30 September 2019
The Australian Building Codes Board will amend the National Construction Code to address issues related to flammable cladding...
30 September 2019
Claims handling by insurance companies after the Kaikoura earthquake has received a mixed assessment in presentations to the New Zealand Earthquake Commission inquiry...
30 September 2019
New financial services legislation will be unveiled in New Zealand soon to ban incentives such as overseas trips and bonuses that are tied to sales targets...
23 September 2019
Actuarial consultant Finity believes insurers may have to start reviewing existing remuneration schemes before the reforms recommended by the Hayne royal commission begin in 2021 as expected...
23 September 2019
Calls from the Australian Financial Complaints Authority for a ban on all unsolicited sales of financial products have sparked a response on hawking reform from the Insurance Council of Australia...
23 September 2019
The NSW State Insurance Regulatory Authority says it will “be more proactive” in publishing details of workers’ compensation scheme and insurer performance, following transparency recommendations made by the Hayne royal commission...
23 September 2019
The Insurance Council of Australia says a proposed increase in the Warragamba Dam’s capacity would only be used for flood control, and opponents of a wall-raising project may be over-estimating upstream impacts...
23 September 2019
The flood risk for more than 500 properties in Roma has been downgraded after the completion of an $8.3 million mitigation project in the south-western Queensland town...
23 September 2019
Insurers need to remedy their recovery planning significantly before they are judged to have credible plans in place, the Australian Prudential Regulation Authority says...
23 September 2019
The Victorian Building Authority will not halt its bid to pursue a disciplinary process against engineer Bruce Thomas, who worked on a high-rise apartment building that caught fire in February...
23 September 2019
The Australian Reinsurance Pool Corporation has appointed Helen Williams as COO...