Insight

“Not an empty verbal formula” – the Federal Court imposes a civil penalty for failing to observe utmost good faith

The duty to act with utmost good faith is a foundational principle of insurance in Australia. An insurer’s failure to comply with that duty is a contravention of s 13(2A) of the Insurance Contracts Act 1984 (Cth) (ICA) and can attract civil penalties.

21 October 2026

Publication

DealTrends

Welcome to KWM’s DealTrends in FY24 and FY25, our annual market report on Australian Private M&A deals between 1 July 2023 and 30 June 2025.

11 December 2025

Insight

Upstream change of control of Australian banks, insurers and superannuation trustees: Navigating the Financial Sector (Shareholdings) Act 1998 (Cth)

After almost three decades since the FSSA commenced, navigating the FSSA remains a complex and often confusing exercise – one capable of jeopardising (or at least delaying) transactions and restructures if not expertly managed.

13 October 2025