20 May 2019
The Australian Securities and Investments Commission has told licensees to factor in the time it may take to assess applications to cancel or vary their licences as part of any measures taken to reduce levies…
20 May 2019
The Reserve Bank of New Zealand has selected 15 insurers to take part in its review of the appointed actuary regime…
13 May 2019
Insurers haven’t been consulted by the Coalition government on its $500 million first-home deposit plan, which Prime Minister Scott Morrison says would eliminate the need for lenders’ mortgage insurance…
13 May 2019
The Australian Securities and Investments Commission has revoked financial service licensee authorisations in 58 cases where duplications have breached the law and created risks for clients…
13 May 2019
A tax burden of more than 50% on NSW insurance policies is “obscene”, according to an industry figure who has campaigned against taxes in insurance for more than 20 years…
13 May 2019
Actuarial consultant Finity says the updated insurance industry code of practice could be a “focal point for change” if the right approach is taken…
13 May 2019
The Greens have urged Canberra to adopt the political party’s five-point plan to address the flammable cladding crisis…
13 May 2019
The Queensland Government has cleared nearly 14,000 private buildings of cladding issues…
13 May 2019
The WA Government has allocated $13 million for bushfire mitigation in this year’s budget, as part of nearly $26 million provided to the Department of Fire and Emergency Services…
13 May 2019
The Insurance Council of New Zealand has backed the Government’s ambitious bid to make the nation carbon neutral by 2050…
13 May 2019
New Zealand has passed legislation to temporarily continue an insurance-based levy that funds fire and emergency services while a review of the arrangements takes place…
06 May 2019
Consumer groups have backed the Australian Competition and Consumer Commission’s call for an immediate end to the commission-based remuneration model for insurance brokers…
06 May 2019
“Game-changing” reforms following the Hayne royal commission cannot fail to affect the general insurance industry, the Insurance Council of Australia warns…
06 May 2019
Victoria will impose a ban on “uncontrolled” dry cutting of material containing crystalline silica and a compliance code for businesses involved with the dangerous substance…
06 May 2019
The Australian Prudential Regulation Authority has revised prudential standards following introduction of the cross-industry Prudential Standard CPS 320 Actuarial and Related Matters…
06 May 2019
The Insurance Commission of WA has contributed $200,000 to a program of research into recovery from serious vehicle or workplace injuries…
29 April 2019
The Insurance Council of Australia is willing to work on a definition for “actions of the sea” that could be legislated, but says differences in other home cover terms are likely less significant…
29 April 2019
Compensation caps for insurance, credit and advice disputes heard through the Australian Financial Complaints Authority should be increased to $2 million, a Senate committee has recommended…
29 April 2019
New Zealand is considering ending insurance exemptions from unfair contract terms laws and encouraging comparison websites as part of legal framework changes…
29 April 2019
EML has opened an office in the thriving North Sydney business precinct of Chatswood as it grows its NSW workers’ compensation team…