This is the third year Bupa is offering a cashback scheme, which the insurer says is intended to provide financial relief to customers during a difficult time.
The proposed changes relate to internal capital adequacy assessment and actuarial matters, but are technical clarifications and do not present a material change in policy.
Discussions are in early stages, but it's understood investment funds and other industry players are interested in a deal which would value Honan at between US$300m-$400m.
ASIC has launched the survey to measure cyber resilience within the corporate and financial sectors, in light of increasing high-profile cyber attacks.
The Australian regulator introduced two instruments to bypass confirmation requirements in cases of policyholder death and recurring benefit claim payments.