The ICA regularly presents submissions to the Government on behalf of its member companies.
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Compensation Scheme of Last Resort: Application of the waterfall framework for the 2026–27 special levy
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’).
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Improving the efficiency of climate-related financial disclosures – Consultation Paper
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to provide feedback on Treasury’s consultation paper, Improving the efficiency of climate-related financial disclosures. The Insurance Council is the representative body of Australia’s general insurance industry. Our members account for approximately 90 per cent of total premium written by general insurers and reinsurers. As a foundational component of the Australian economy, the general insurance industry writes 90 million policies a year, paying out $58.9 billion in claims in 2025 – an average of $226 million every working day.
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Cyber Security for Small to Medium Sized Businesses and Organisations
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to provide a submission on behalf of our members on this important topic. We appreciate the Committee’s interest in the role of cyber insurance within the broader cyber security ecosystem for small and medium sized organisations.
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APRA Governance Review Consultation Paper
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to respond to the Australian Prudential Regulation Authority’s (APRA) ‘Governance Review Consultation Paper’, consulting on draft Prudential Standard CPS 510 Governance (CPS 510).
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Climate Change Authority – 2026 Annual Progress Advice Consultation Paper
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to provide feedback on the Climate Change Authority's 2026 Annual Progress Advice Consultation Paper. The Insurance Council is the representative body of Australia’s general insurance industry. Our members account for approximately 90 per cent of total premium written by general insurers and reinsurers. As a foundational component of the Australian economy, the general insurance industry writes 90 million policies a year, paying out $58.9 billion in claims in 2025 – an average of $226 million every working day.
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Proposed amendments to the Security of Critical Infrastructure Act 2018
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to respond on behalf of its members to the proposed amendments to streamline and modernise the Security of Critical Infrastructure Act 2018 (SOCI Act).
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