26 October 2015
Premiums in north Queensland are “largely unconstrained by competitive forces” because there is little or no competition, according to Northern Australia Insurance Premiums Taskforce advisory panel member Margaret Shaw…
26 October 2015
Marine insurance should be exempt from unfair contract terms protections, Assistant Treasurer and Minister for Small Business Kelly O’Dwyer has been told…
26 October 2015
The Australian Securities and Investments Commission has permanently banned insurance broker Isaac Hakim from providing financial services after clients were overcharged by more than $3 million…
26 October 2015
The NSW Motor Accidents Authority has been abolished and replaced by the State Insurance Regulatory Authority…
26 October 2015
ReturnToWorkSA CEO Greg McCarthy says the state scheme has transformed its service culture and improved performance…
26 October 2015
Agreements aimed at removing obstacles to trade and labour mobility between Australia and New Zealand should continue to exclude insurance, a Productivity Commission report says…
19 October 2015
A proposed user-pays funding model for the Australian Securities and Investments Commission will eventually weaken supervision of the financial sector, according to insurer and consumer advocacy groups…
19 October 2015
Residential and business insurance costs are “much higher” in the Pilbara than in Perth and in recent years have risen “very rapidly”, the Northern Australia Insurance Premiums Taskforce has heard…
19 October 2015
The rapid growth of ride-sharing services such as Uber amid an inadequate legal framework has created a gap in insurance cover, IAG says…
19 October 2015
Insurance levies and other stamp duties carry high economic costs that affect Australia’s productivity and innovation, according to a senior Treasury official…
19 October 2015
Jim Chalmers has been appointed to the ALP’s shadow ministry, taking up the financial services and superannuation portfolios…
19 October 2015
The Australian Reinsurance Pool Corporation has begun purchasing its retrocession program, scheduling meetings with international reinsurers this week…
19 October 2015
Submissions to a review of New Zealand’s Financial Advisers Act include calls for a distinction between selling products and giving advice, and urge the retention of commissions for general insurance products…
19 October 2015
Poor corporate culture affects staff retention, Australian Securities and Investments Commission Chairman Greg Medcraft has warned…
19 October 2015
New Zealand’s Financial Markets Authority has announced a revised structure and key appointments to its executive committee…
12 October 2015
Allianz Australia says a government-supported cyclone reinsurance pool would be an “effective and efficient” way of reducing the cost of property insurance in northern Australia…
12 October 2015
New Zealand insurers have made a fresh attack on the Government’s Fire Services Review for failing to consider significant changes to the funding model…
12 October 2015
Regulators must be mindful of the insurance implications if ride-sharing services such as Uber are legalised, the Insurance Council of Australia has told the NSW Government…
12 October 2015
The Australian Reinsurance Pool Corporation hopes to share knowledge at the inaugural Congress for National Terrorism (Re)insurance Pools…
12 October 2015
The Financial Stability Board has endorsed the higher loss absorbency requirement for global systemically important insurers…