The Insurance Council of Australia (ICA) has today submitted its strengthened General InsuranceCode of Practice to the Australian Securities and Investments Commission (ASIC) following extensiveconsultation with consumer groups, regulators, government and general insurance providers.
We write on behalf of the Alliance of Industry Associations to raise a growing concern about the government’s inadequate consultation on recent complex legislative and regulatory reforms. We represent 30 groups from across the economy including small, medium and large businesses, farmers, builders, retailers, universities and tax and accounting professionals.
Australia is 50 days out from a summer that could bring the strongest El Niño on record, and insurers and support organisations are in Canberra this week with a clear message: the time to reduce disaster risk is now.
Insurers will revisit Clifton later this month to meet with policyholders impacted by the severe hailstorm that impacted the region in early November 2025.
Insurance bodies representing Australia, the United Kingdom, Canada and New Zealand gathered in London today to announce the formation of the Four Nations Insurance Alliance, established to confront the rising risks threatening economic resilience across these four nations.
The Insurance Council of Australia (‘Insurance Council’) welcomes the opportunity to provide a submission on behalf of our members to Treasury's consultation on the proposed application of the Compensation Scheme of Last Resort (CSLR) waterfall framework for the 2026–27 special levy (‘the consultation’).