This audit examined whether councils have been prudently managing insurable risks and procuring insurance that represents value for money. It also assessed councils’ risk assessment policies and practices, including risk identification, risk mitigation and evaluation of insurable risks.

This paper provides information on the interactions of Aboriginal and Torres Strait Islander people with financial institutions, including banks, insurers and superannuation funds.

This paper was prepared in response to a request made by the Royal Commission.The issue of natural disaster insurance has been examined extensively in a series of inquiries in recent years. The matters that have been subject to scrutiny fall into two broad (and somewhat overlapping) categories: availability and affordability of natural disaster insurance, and...

The aim of the paper is to give the reader a guide to the law, regulation and practices in general insurance in Australia. It is a large topic. The importance of regulation in the work of the Commission means that the part dealing with regulation is much longer than the others.

The function of insurance in our community is highlighted in Australian natural disasters. Insurance in natural disasters has been in sharp focus since at least 2010. The variety, frequency, severity of natural disasters and catastrophes in Australia create unique challenges for the community, policyowners and insurers.