AFCA's 3rd edition of its Systemic Issues Insights Report highlights several concerns within insurance, from incorrect handling of insurance claims to insufficient information provided to non-English speaking...
MAS unveils comprehensive guidelines for financial institutions — including insurers — encouraging long-term perspectives and engagement with stakeholders in the transition to a net-zero economy.
Aiming to align with global enrolment rates, the FSC sets goals to amplify domestic pet insurance by allowing new entrants and implementing methods such as use of biometric data and more tailored prod...
The report highlights that unfair contract terms and pricing practices were enforcement priorities last financial year, while offering insight into potential priorities for the years ahead.
In its 22-23 report, the Australian Prudential Regulation Authority summarised work it undertook to enhance sector resilience and improve policyholder outcomes, while acknowledging escalating challenges...
The Auckland High Court has ordered the insurer, a subsidiary of Suncorp New Zealand, to pay the reduced fine for failing to apply multi-policy discounts to nearly 42,000 customers
Against the backdrop of devasting natural catastrophes, China's State Council is seeking to reduce the country's protection gap with expansion of insurance products in small towns, rural areas, and for...
Smith spoke at the Insurance Council of Australia's Annual 2023 Conference and emphasised importance of balance in the face of issues like cost-of-living pressures and natural catastrophes.
APRA and ASIC publish information package to oversee implementation of FAR, a new regime which aims to improve transparency and accountability in the insurance, banking, and superannuation sectors.
