Insurance

Proposals would disrupt business models: Faafoi

Tuesday 16th of July 2019

Options papers were released in April as part of the review of insurance contract law, which spun off a separate consultation on the conduct of financial institutions.

The options papers suggested a range of changes including amending the duty of disclosure, removing insurance-specific exemptions from unfair contract terms laws, a duty to design remuneration and incentives in a way that...

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