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Showing 261 - 270 of 311 results for "General insurance"

APRA issues tough new board proposals

... non-operating holding companies and follows proposals outlined in an early discussions paper - Prudential Supervision of General Insurance Stage 2 Reforms - issued in November 2003. Comments are invested by August 12, 2005.

ASIC reveals financial services refinement projects

... provision of basic online calculators with a view to encouraging their use. AISC will also plans to examine general insurance arranging agents. Here the regulator will clarify and provide relief if necessary regarding insurers being responsible for the ...

APRA releases tough standards for insurance industry

... Authority (APRA) has issued draft prudential standards on a proposed strengthening of the prudential supervision of general insurance for risk and financial management. The draft standards include a discussion paper and guidance notes. The package proposals ...

Tower, AWM appoint new CEOs

Tower Limited has announced Peter Lindhout as its new chief executive officer, general insurance and direct business, for its New Zealand operations. Tower's wealth management spin-off - now known as Australian Wealth Management (AWM) - has also announced ...

APRA disqualifies more HIH senior executives

... preference share issued. APRA deputy chairman Ross Jones says, "APRA will not tolerate senior executives in the general insurance industry who fail to meet its fitness and propriety test."

Strategy rethink pays off for Suncorp

... order of 10 per cent for the full year," chief executive officer, John Mulcahy, said. Profit generated by the general insurance division was up by a massive 58.6 per cent to $341 million. "In general insurance the results for the first half were excellent ...

ASIC releases policy and extends deadline on dollar disclosure

... disclosure items contingent on unknown facts or circumstances; costs of derivatives, foreign exchange contracts, general insurance products and life risk insurance products; interest payable on deposit products; non-monetary benefits and interest; and ...

New president for ICA

... prevalent including the Financial Services Reform Act, and his introduction of initiatives like the revised General Insurance Code of Conduct. Hawker outlined "in the year ahead the ICA will focus on using the new code to further enhance service standards ...

APRA bans MD

APRA has disqualified former managing director of Rural and General Insurance Aaron Stephenson from any participation as a director or senior manager of a general insurer authorised non-operating holding company, or as a senior manager or agent of a ...

HIH: another two bite the dust

Mr Rodney Aistrope and Mr Antony Boulden have been disqualified from working in the general insurance industry by APRA. Both Mr Aistrope and Mr Boulden will no longer be able to act as director or senior manager of a general insurer, authorized non-operating ...