ASIC made the stop order to protect consumers from acquiring life insurance that may not be suitable for their objectives, financial situation, or needs.
The offering covers the entire project lifecycle for renewable energy projects, including solar and wind, battery storage, and emerging technologies like hydrogen.
The Australian insurer renewed its 2.5% whole-of-account quota share arrangement with Hannover Re, marking the completion of all four of its reinsurance arrangements with global reinsurers.
