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ARTICLE · 03 AUGUST 2010

Barry.Nilsson. Advise PNG On Insurance Contracts Laws

Barry Nilsson
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On 29 July 2010 Robert Samut, Partner and Samantha Traves, Consultant, conducted a full day seminar in Port Moresby PNG on the introduction of a General Insurance Contracts Bill. The seminar, arranged by the PNG Insurance Commissioner, saw 150 people from insurance, legal and consumer groups attend what was a very interactive discussion on the proposed legislation.

AustraliaInsurance
Robert Samut
Robert Samut
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On 29 July 2010 Robert Samut, Partner and Samantha Traves, Consultant, conducted a full day seminar in Port Moresby PNG on the introduction of a General Insurance Contracts Bill. The seminar, arranged by the PNG Insurance Commissioner, saw 150 people from insurance, legal and consumer groups attend what was a very interactive discussion on the proposed legislation.

The proposed legislation is based upon Australia's Insurance Contracts Act 1984 (Cth) including the pending reforms to that Act. The purpose of the seminar (and an earlier seminar conducted in July 2006) was to ensure that all stakeholders were able to hear about and have their say on the draft laws. The Insurance Commissioner has allowed until mid September 2010 for submissions to be made, with a view to the legislation being introduced in the first half of 2011.

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