News Coronavirus watch07 May 2020

Australia:Regulator urges general insurers to commit to additional consumer protections

07 May 2020

The Australian Securities and Investments Commission (ASIC) has told general insurers that it is important for insurers to abide by a commitment to meet the additional consumer protections contained in the 2020 General Insurance Code of Practice, particularly those related to vulnerability and financial hardship, in the current difficult period brought about by the coronavirus pandemic.

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