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Showing 1 - 10 of 11 results for "HIH Royal Commission"

A question of ethics

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... avoided if one simple question had been asked: Does this feel right? Reinforcing closing remarks from the HIH Royal Commission in 2003, The Ethics Centre senior adviser Trent Moy said it is groupthink that reinforces bad habits and much of the questionable ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... the Financial Services Council annual conference, Bowen quoted Justice Neville Owen in his capacity at the HIH Royal Commission and said any attempt to impose governance systems that are overly prescriptive is fraught with danger. "By its very nature ...

Estelle Pearson Actuary of the Year

BEN COLLINS  |  TUESDAY, 13 NOV 2012
... with the State and Federal Governments on the liability crisis in 2002, her role as actuarial expert to the HIH Royal Commission, and as an APRA inspector in 2005 to investigate financial reinsurance issues.

APRA releases tough standards for insurance industry

... standards include a discussion paper and guidance notes. The package proposals include recommendations from the HIH Royal Commission and propose insurers adequately document reinsurance contracts. It also seeks to clarify and strengthen existing requirements ...

Goldman Sachs says HIH claims still baseless

AAP  |  MONDAY, 27 SEP 2004
... former employees would be as baseless today as when these matters were examined exhaustively in 2002 by the HIH Royal Commission and rejected by Justice Neville Owen in his final report last year which exonerated Goldman Sachs and its employees," Naylor ...

APRA proposes tougher requirements for general insurers

... series of guidance notes. The latest discussion paper responds to several subsequent recommendations of the HIH Royal Commission. APRA Member, Steve Somogyi said the earlier reforms went along way to strengthening the insurance industry in Australia. ...

ASIC made record enforcements in 2003-4: report

AAP  |  THURSDAY, 6 NOV 2003
... financial position. ASIC staff set their sights on fighting fraud and misconduct and also assisted in the HIH Royal Commission, the report said. The total number of companies registered in Australia increased 3.8 per cent to 1,299,985, with 20 per cent ...

Mike Wilkins elected ICA president

... focus on continuing to build the industry's image, and particularly in relation to the recommendations of the HIH Royal Commission, as well as the important issues of ongoing tort reform and taxation." Mike Wilkins has been an ICA director for four years ...

Morning market wrap: US stocks dip

... performed well despite the overhanging socio-economic crisis looming due to the SARS virus. In local news, the HIH Royal Commission's findings that the insurance giant's top executives could have as many as 56 cases charged level against them, some criminal ...

Midday market wrap: All Ordinaries up slightly

... carrier's technical and maintenance staff had threatened to strike in protest to projected job cuts. The HIH Royal Commission said today that the $5.3 billion collapse of the insurance giant was due primarily to mismanagement. Meanwhile Telstra has said ...
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