Regulatory & Government
14 February 2022
The Australian Reinsurance Pool Corporation has renewed its $3.475 billion terrorism retrocession program and has bolstered its executive team as it prepares to expand its responsibilities to include cyclone risks...
14 February 2022
The Insurance Council of Australia has responded to a discussion paper by the Attorney-General Department on potential changes to the Privacy Act, outlining areas where it may have an impact on the industry...
07 February 2022
The Australian Prudential Regulation Authority has released its policy and supervision priorities for the next 12 to 18 months...
07 February 2022
Regulators should take a holistic approach to reviewing an avalanche of reforms introduced since the Hayne royal commission, while also allowing plenty of time to see how they operate in practice, the Insurance Council of Australia says...
07 February 2022
New Zealand has started consultations on a proposed income insurance scheme that would support workers made redundant, laid off or forced to step aside because of a health condition or disability...
07 February 2022
The NSW State Insurance Regulatory Authority has released its roadmap for driving better outcomes and value for money from the workers’ compensation and compulsory third party schemes...
07 February 2022
Mark Goodsell has been appointed to the icare board following the retirement of Lisa McIntyre as a non-executive director...
31 January 2022
The Federal Government says reforms to give consumers greater access to their data will be extended to general insurance in the next phase of the program...
31 January 2022
Tasmania plans to reintroduce home warranty insurance in response to concerns about a lack of consumer protections, after a previous scheme in the state was abolished in 2008...
31 January 2022
The Australian Securities and Investments Commission is examining the use of regulatory technology to help uncover poor market disclosure by listed companies...
31 January 2022
Law firm Gilbert + Tobin Senior Partner Gina Cass-Gottlieb will start her five-year term as Australian Competition and Consumer Commission Chair on March 21...
31 January 2022
A Victorian powerline safety program introduced after the 2009 Black Saturday bushfires has cut risks across the state by 44%, a progress report has found...
31 January 2022
The Australian Reinsurance Pool Corporation says the Federal Government has appointed former Suncorp Bank CEO David Foster to its board...
31 January 2022
The Insurance Commission of Western Australia has named three new commissioners to its board and appointed Commissioner Rob Bransby as Deputy Chairman...
13 December 2021
A Senate committee inquiry triggered by the Black Summer catastrophe has backed increased mitigation and resilience spending and an Australian Competition and Consumer Commission examination of insurance cover as part of actions to help lessen the impact of future bushfires...
13 December 2021
The Australian Reinsurance Pool Corporation should appoint a board member familiar with insurance issues facing residents in cyclone-prone areas if a proposed extension of its responsibilities goes ahead, a Triennial review has recommended...
13 December 2021
The Australian Securities and Investments Commission has released details of JobKeeper payments received by listed companies and their subsidiaries including insurance businesses...
13 December 2021
Insurers and brokers have backed a Tasmanian shift to a property-based levy to fund fire and emergency services in submissions lodged ahead of a deadline last week...
13 December 2021
The Federal Government has called for submissions for next year’s Budget, which is set for an earlier-than-usual date in March due to the election timetable...
13 December 2021
The Australian and Securities Investments Commission has urged financial market firms to strengthen their defences to address the growing cyber threat after its latest report found improvements made in the last two years failed to meet expectations...