Hih Government Support Scheme

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HIH Claims Support Scheme - Governance Arrangements ...

    https://www.anao.gov.au/work/performance-audit/hih-claims-support-scheme-governance-arrangements
    Jun 11, 2004 · The HIH Claims Support Scheme (Scheme) is a unique example of Government and industry working together under considerable time constraints to implement a program of assistance. The impact of the collapse of the HIH Group on policyholders was immediate, and the preparedness of the insurance industry to rapidly pull together a structure for service delivery meant that timely assistance …

4. HIH Claims Support Scheme Treasury.gov.au

    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 · 4. HIH Claims Support Scheme. Date. ... [HIH] Scheme has achieved the Government’s objective of assisting policyholders affected by the collapse of HIH. This has been done in a manner that has, in the main, provided appropriate standards of public governance and stewardship. 106.

The HIH Claims Support Scheme Treasury.gov.au

    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.

HIH Claims Support Limited v Insurance Australia Limited ...

    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. Even though HIH had agreed to indemnify Steele, it was unable ...

HIH Claims Support Scheme - Governance Arrangements

    https://www.anao.gov.au/sites/default/files/ANAO_Report_2003-2004_51.pdf?acsf_files_redirect
    On 14 May 2001, the Government decided to implement a scheme to provide assistance to policyholders experiencing financial hardship as a result of the HIH collapse—the HIH Claims Support Scheme (the Scheme). The Scheme formally commenced operations on 7 July 2001, although, with the

HIH Insurance Group collapse – Parliament of Australia

    https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/Publications_Archive/archive/hihinsurance
    On 17 May 2001, the Minister for Financial Services & Regulation, the Hon. Joe Hockey, MP, announced the formation of a new non-profit company called HCS (HIH Claims Support Pty Ltd) to process the Government support package for HIH policyholders in hardship.

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