6. References

Date



Auditor-General of Victoria 2001, Report on public sector agencies, No. 121, Session 1999-2001, Melbourne, November.

Australian Broadcasting Corporation 2001, Odds on to fail, Four Corners, television programme, broadcast on 2 July.

Australian Broadcasting Corporation 2001b, HIH collapse impacts on government, The 7:30 Report, television programme, broadcast on 8 May.

Australian Competition and Consumer Commission 2002, Second insurance industry market pricing review, Commonwealth of Australia, Canberra, September.

Australian Government Actuary 2014, Second report on the costs of the Australian Government’s run-off cover scheme for midwife professional indemnity insurers, 2011-12 Financial Year, Commonwealth of Australia, Canberra.

Australian National Audit Office 2004, HIH Claims Support Scheme — Governance arrangements, Audit Report No. 51, 2003-04, Commonwealth of Australia, Canberra.

Australian Prudential Regulation Authority 2000, Proposed reforms to the prudential supervision of general insurance companies in Australia, Policy Discussion Paper, Sydney, April.

Australian Prudential Regulation Authority 2002, Consumer warning: Unauthorised foreign insurers issuing insurance products in Australia, media release 15 April, Sydney.

Australian Prudential Regulation Authority 2002b, Submission to the HIH Royal Commission, September, Attachment 11.

Australian Prudential Regulation Authority 2014, Financial System Inquiry submission, 31 March.

Australian Prudential Regulation Authority n.d., Financial Claims Scheme.

Australian Securities and Investments Commission 2004, IR 04-62 ASIC releases results of unauthorised foreign insurance market campaign, media release 6 December.

Australia’s Future Tax System (2009), Report to the Treasurer, Part Two: Detailed Analysis, Vol. 1 of 2, Commonwealth of Australia, Canberra, December.

Baltensperger, E, Buomberger, P, Iuppa, A A, Keller, B, and Wicki, A 2008, Regulation and intervention in the insurance industry — Fundamental issues, The Geneva Association, The Geneva Reports, Risk and Insurance Research, No. 1, February.

Blees, W 2010, Prudence pays, Risk Australia, Spring, pp 26-29.

Bowen, C (Assistant Treasurer and Minister for Competition Policy and Consumer Affairs) 2008, HIH Claims Support Scheme nears completion, media release 20 June, Canberra.

Bowen, C (Minister for Financial Services, Superannuation and Corporate Law) 2009, Financial Claims Scheme Policy Holder Compensation Facility activated for small general insurer, media release 15 October.

Brainard, L 2008, What is the role of insurance in economic development?, Zurich

Carrigan, D 2004, Post HIH and beyond, doing business in Australia, Allens Arthur Robinson, Sydney, 26 October.

Clarke, T 2007, International corporate governance: A comparative approach, Routledge.

Commonwealth of Australia 2002, Commonwealth submission to the HIH Royal Commission, October.

Coonan, H (Minister for Revenue and Assistant Treasurer) 2002, HCS pays $100 million in first year, media release 9 August

Coonan, H (Minister for Revenue and Assistant Treasurer) 2003, HIH Support Scheme closes in six months, media release 21 August.

Coonan, H (Minister for Revenue and Assistant Treasurer) 2004, Reform of liability insurance law in Australia, Commonwealth of Australia, Canberra, February.

Cornell, A 2009, ‘How Australia’s banks dodged the crisis’, Australian Financial Review, 21 December.

Council of Financial Regulators 2005, Failure and crisis management in the Australian financial system, November.

Davis, K 2004, Study of financial system guarantees.

Davis, K and Jenkinson, M 2013, The Financial Claims Scheme: An assessment of the Scheme’s broader economic impact, Australian Centre for Financial Studies, August.

Department of Health 2014, Indemnity Insurance Fund, January .

Dore, C, Harris, T, White, A and Magnusson, S 2001, ‘No premium for liability’, The Weekend Australian, 12 May. ProQuest Document ID: 356574735.

Dutton, P (Minister for Revenue and Assistant Treasurer) 2006, Available and affordable: Improvements in liability insurance following tort law reform in Australia, Commonwealth of Australia, Canberra, December.

Dutton, P (Minister for Revenue and Assistant Treasurer) 2006b, HIH Claims Support Scheme — Closure of late application gateway, media release 5 October.

Dutton, P (Minister for Revenue and Assistant Treasurer) 2007, Enhancing the integrity of insurance in Australia, media release 3 May.

HIH Insurance 2013, About the HIH Group.

HIH Insurance 2013b, Information for HIH Group policyholders, media release 23 March 2001.

HIH Insurance 2013c, What is a Scheme of Arrangement?.

HIH Royal Commission 2003, The failure of HIH Insurance, Vols. 1-3, Royal Commissioner: The Hon Justice Neville Owen, Commonwealth of Australia, Canberra, April.

Hockey, J (Minister for Financial Services and Regulation) 2001, Press conference (Subject: HIH), No. 015, 11 May.

Hockey, J (Minister for Financial Services and Regulation) 2001b, Government action to help HIH policyholders, media release 14 May

Hockey, J (Minister for Financial Services and Regulation) 2001c, Hockey announces first details of HIH response package: Legislation timetable, media release 15 May.

Hockey, J (Minister for Financial Services and Regulation) 2001d, Non-profit structure to deliver HIH support, joint announcement by the Minister for Financial Services and Regulation and the Insurance Council of Australia, media release 17 May.

Hockey, J (Treasurer) and Cormann, M (Minister for Finance) 2014, Our response to the National Commission of Audit report, joint media release 13 May.

Howard, J (Prime Minister) and Hockey, J (Minister for Financial Services and Regulation) 2001, Royal Commission into HIH Insurance collapse, joint press conference, No. 019, Parliament House, Canberra, 21 May.

Insurance Council of Australia 2001, Insurance industry announces plan to help HIH policyholders, media release 7 May. Referenced in Australian National Audit Office 2004, p 27.

Insurance Council of Australia 2014, Submission to the Financial System Inquiry, March.

International Association of Insurance Supervisors 2011, Insurance and financial stability, November.

Kehl, D 2001, HIH Insurance Group collapse, Parliamentary Library, E-Brief.

McGrathNicol 2014, CIC Insurance Limited, Scheme Administrators’ Annual Report to Creditors, 30 June.

McGrathNicol 2014b, HIH Insurance Limited, Case Study.

National Commission of Audit 2014, Towards responsible government, February-March.

Palmer, J 2002, Review of the role played by the Australian Prudential Regulation Authority and the Insurance and Superannuation Commission in the collapse of the HIH group of companies, report to Messrs Corrs Chambers Westgarth, 15 July.

Potts, G 2004, Key findings of the review of discretionary mutual funds and direct offshore foreign insurers, Commonwealth of Australia, Canberra, May. [Accessed via Wayback Machine.]

Productivity Commission 2010, Contribution of the not-for-profit sector, 11 February.

Shorten, B (Minister for Financial Services & Superannuation) 2011, Launch of the report ‘Reducing the risks: Improving access to home contents and vehicle insurance for low-income Australians’, speech to the Brotherhood of St Laurence, Fitzroy, No. 021, 9 June.

Sinodinos, A (Assistant Treasurer) 2014, Keynote address to the 2014 Insurance Council of Australia Regulatory Update Seminar, 28 February.

Toh, W, Satchwell, L and Cohen, J 2009, Medical indemnity — Who’s got the perfect cure?, paper presented to the Institute of Actuaries of Australia, 12th Accident Compensation Seminar, Melbourne, 22-24 November.

Treasury 2002, Annual report 2001-02, Commonwealth of Australia, Canberra, October.

Treasury 2005, Regulation of discretionary mutual funds and direct offshore foreign insurers, discussion paper, December.

Treasury 2012, Post-implementation review — Financial Claims Scheme for General Insurance Policyholders, Commonwealth of Australia, Canberra.

Treasury 2013, Annual Report 2012-13, Commonwealth of Australia, Canberra.

Wenham, W 2001, ‘Legal services hit by HIH fall’, The Courier-Mail, 30 March. ProQuest Document ID: 354633326.

Wright, E W 2006, National trends in personal injury litigation: Before and after “Ipp”, report commissioned by the Law Council of Australia, 26 May.