Revocation of the NOHC authorisation to be a NOHC of a general insurer 2024 – Hallmark Insurance Holdings Pty Ltd
Insurance Act 1973
To: Hallmark Insurance Holdings Pty Ltd ABN 37 619 174 926 (‘the body corporate’) Since:
- the body corporate was granted, under subsection 18(3) of the Act, an authorisation to be a NOHC (‘the NOHC authorisation’);
- the body corporate requested in writing under subsection 22(1) of the Act, that APRA revoke the NOHC authorisation; and
- APRA is satisfied that revoking the NOHC authorisation would not be contrary to either:
- the national interest; or
- the interests of the policyholders of any general insurer who is a subsidiary of the body corporate,
I, Carmen Beverley-Smith, a delegate of the Australian Prudential Regulation Authority, under subsection 22(1) of the Act, revoke the NOHC authorisation.
The revocation comes into effect on the date this instrument is made. Dated: 30 October 2024
Carmen Beverley-Smith Executive Director
Interpretation
Act means the Insurance Act 1973.
NOHC authorisation has the meaning given in subsection 3(1) of the Act.
Notes
APRA is required to publish this notice in the Gazette.