❓ A WA parliamentary question on notice regarding a contract between NRMA Insurance (SGIO) and HIH Insurance, specifically concerning workers' compensation and potential financial impropriety. The Minister declines to answer directly, citing the government's non-party status, but offers a briefing.
AnsweredQoN 323Legislative Assembly
QuestionView source ↗
(b) will the Minister table a copy of the contract; (c) when did negotiations commence and between whom; (d) what date was the contract signed; (e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(c) when did negotiations commence and between whom; (d) what date was the contract signed; (e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(d) what date was the contract signed; (e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(c) when did negotiations commence and between whom; (d) what date was the contract signed; (e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(d) what date was the contract signed; (e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(e) was the $100 million paid on the signing of the contract, if not what was the amount of the first payment, and what date was it paid; (f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(f) to whom was this first payment made; (g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(g) when are the next payments due, and upon what basis; (h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(h) has the Minister sought legal advice as to whether this contract, and/or payment was proper; (i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(i) has the Minister sought legal advice as to whether the future payments are proper and will still be required to be paid; (j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(j) if not, will the Minister now seek legal advice; (k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(k) when did the Minister first become aware of the contract; (l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(l) why didn’t the Minister seek legal advice then; (m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(m) is there a chance that some, if not all of the money could be made available for the pre-liquidation workers compensation claims (n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(n) will you get an assurance from SGIO that this $130 million contract will not be met by increased workers compensation premiums for those policy holders; and (o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
(o) why didn’t SGIO wait until liquidation, and seek to go into the market-place and pick up any of those policy–holders and pay nothing?
AnswerView source ↗
Answered
27 June 2001
Responded by
Minister for Labour Relations
Response time
34 days
(a) to (o): The Government is not a party to the commercial contract between NRMA Insurance (trading as SGIO) and HIH Insurance. However in view of the Hon Members’ interest as some detail has been made public by the parties and the Provisional Liquidator, I would be happy to arrange a briefing on the available facts through the Executive Director of WorkCover if the Hon Member so requests.
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