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Treasury & financeRoyal commission

Royal Commission on Insurance

15 December 1908 – 1 July 1910

Inquired into life, fire and other insurance business in Australia, as background to possible Commonwealth regulation of insurance.

How it came into existence

Appointed by Letters Patent dated 15 December 1908, during the Fisher government. J. H. Hood chaired it; the Commonwealth Statistician G. H. Knibbs was a member.

How it ended

Its final report, in two parts, was presented on 1 July 1910, and the commission then ended. Comprehensive Commonwealth regulation of life insurance did not follow until the Life Insurance Act 1945.

Main functions

  • Life insurance
  • Fire and other general insurance
  • Regulation of insurance companies

Lineage

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Sources