Searching for Hih Claims Support Scheme information? Find all needed info by using official links provided below.
https://treasury.gov.au/publication/economic-roundup-issue-1-2015/economic-roundup-issue-1/the-hih-claims-support-scheme
Jun 19, 2015 · The collapse of the HIH Insurance Group in 2001 was a watershed for Australia’s financial sector. The combined government and industry response to its collapse was swift, with the establishment of the HIH Claims Support Scheme to restore confidence to the market and protect a large number of HIH policyholders from potential financial hardship.
https://treasury.gov.au/publication/economic-roundup-issue-1-2015/economic-roundup-issue-1/the-hih-claims-support-scheme/4-hih-claims-support-scheme
Jun 19, 2015 · The HIH Scheme was most active in its early years. By mid-2004, approximately half of the 10,953 eligible HIH Scheme claims had been finalised. By mid-2008, the vast majority of claims that the HIH Scheme would receive over its lifetime had already been both received and finalised (Chart 2).
https://www.anao.gov.au/work/performance-audit/hih-claims-support-scheme-governance-arrangements
Jun 11, 2004 · The Appropriation (HIH Assistance) Act 2001 appropriated funds, to a limit of $640 million, for the purposes of providing financial assistance and meeting associated administrative costs. To date, Scheme payments have been made through the HIH Claims Support Trust, in which the Commonwealth holds the residual beneficial interest.
https://ideas.repec.org/a/tsy/journl/journl_tsy_er_2015_1_2.html
The collapse of the HIH Insurance Group in 2001 was a watershed for Australia’s financial sector. The combined government and industry response to its collapse was swift, with the establishment of the HIH Claims Support Scheme to restore confidence to the market and protect a large number of HIH policyholders from potential financial hardship.Author: Claudio Damiani, Naomi Bourne, Martin Foo
https://www.lexology.com/library/detail.aspx?g=e10ddf0b-f59b-4669-8734-2e2fc7100797
Mar 13, 2012 · Duelling indemnities: HIH continues to have impact ... HIH Claims Support Scheme (HCSL) has sought to extend the law in relation to equitable principles of dual insurance.
https://www.anao.gov.au/sites/default/files/ANAO_Report_2003-2004_51.pdf?acsf_files_redirect
HIH Claims Support Scheme—Governance Arrangements 12 meeting associated administrative costs. To date, Scheme payments have been made through the HIH Claims Support Trust, in which the Commonwealth holds the residual beneficial interest. The Commonwealth funds the Trust on a …
https://www.timebase.com.au/news/2011/AT401-article.html
Aug 24, 2011 · The federally administered HIH claims support scheme has failed in its equitable contribution claim against Insurance Australia Ltd, upholding the doctrine of the ‘common obligation’ of co-insurers.. The law as it stands only allows for equitable contribution if the liability of plaintiff and defendant are of the same nature.
https://hih.com.au/documents/scheme/EnglishExplanatoryStatement.pdf
Please note that if you have received payments from HIH Claims Support Limited (Australia) or the Financial Services Compensation Scheme (UK) in relation to all your actual and potential claims, and you have no possible further claims against any one of the English Scheme …
https://www.carternewell.com/page/Publications/Archive/HIH_Claims_Support_Limited_v_Insurance_Australia_Limited_2011_HCA_31/
The collapse of HIH resulted in the HIH Claims Support Scheme (the Scheme) being established, whereby the Commonwealth Government appointed HIHCSL as the trustee, administrator and manager of the Scheme. The Scheme enabled HIH policyholders to access funds if they made a valid claim.
http://www.mondaq.com/australia/x/143754/Insurance/The+final+chapter+in+the+HIH+Claims+Support+saga+HIH+Claims+Support+v+Insurance+Australia+Ltd+2011+HCA+31
Aug 26, 2011 · It involved a claim for equitable contribution by HIH Claims Support Limited (HCS), a scheme created by the Commonwealth Government to assist insureds affected by the collapse of the HIH group of insurance companies (HIH). In what is presumably the death knell for the claim, on 22 August 2011 the High Court dismissed HCS's appeal.Author: Ray Giblett
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