The dispute centres on Tokio Marine Life’s right of first refusal under a bancassurance agreement, potentially influencing the bank's search for new partners.
The research aims to "debunk misconceptions about battery fires" and "establish clear, practical safety guidelines for everyday use," in Australia and around the world.
Brokers expected to see downward pressure on commissions as regulatory scrutiny increases, despite independent reviews of Steadfast showing no evidence of wrongdoing.
Ratings agency maintains stable outlook for the market, noting that BNM initiatives should enhance insurance penetration, promote microinsurance access, and support sustainable growth.
