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Ombud Urges Full Disclosure When Buying Insurance

23 November 2018 | Life Ombudsman

An insurance claim may be rejected even if the non-disclosed information has no bearing on the occurrence that initiated the claim.

Cover up! Underinsurance might leave you exposed

16 November 2018 | Short Term Ombudsman

There is nothing original in the statement that insurance is a grudge purchase.

Beyond GDPR: Data privacy and the increasing cost of security

15 November 2018 | General

In today’s connected world, a local issue can very quickly become a global one.

IASB delays insurance contract rules for one year: PwC comments

15 November 2018 | General

Commenting on the decision from yesterday’s IASB meeting, subject to the IASB’s due process, that the IFRS17 insurance accounting standard will be delayed by one year and the extension of the deferral of IFRS 9 to the same date, Alex Bertolotti, IFRS17 leader at PwC, said:

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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