❓ Hon Norman Moore questions the delay in RiskCover's 2006-07 annual fund report. Hon Ljiljanna Ravlich responds, explaining the report's purpose and that the information is already public, and states December will remain the target date for future reports.
AnsweredQoN 17Legislative Council
QuestionView source ↗
RISKCOVER — 2006-07 ANNUAL FUND REPORT
I refer the minister to the failure of RiskCover to produce its annual fund report for 2006-07. (1) What has caused the delay in the preparation and release of the report? (2) What steps, if any, have been taken to ensure more timely report preparation for the current financial year? Hon LJILJANNA RAVLICH
I refer the minister to the failure of RiskCover to produce its annual fund report for 2006-07. (1) What has caused the delay in the preparation and release of the report? (2) What steps, if any, have been taken to ensure more timely report preparation for the current financial year? Hon LJILJANNA RAVLICH
AnswerView source ↗
I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(1) What has caused the delay in the preparation and release of the report? (2) What steps, if any, have been taken to ensure more timely report preparation for the current financial year? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(2) What steps, if any, have been taken to ensure more timely report preparation for the current financial year? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(2) December will continue to be the target date, as stated in response to question (1).
(1) What has caused the delay in the preparation and release of the report? (2) What steps, if any, have been taken to ensure more timely report preparation for the current financial year? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(2) What steps, if any, have been taken to ensure more timely report preparation for the current financial year? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
I thank the member for some notice of this question. (1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(1) The RiskCover fund report is a RiskCover initiative developed as a part of customer service, primarily for the benefit of RiskCover fund managers. Although December of every year is RiskCover’s target date for publication, there is no statutory time limit for distribution. It should be noted that the financial information included in the RiskCover fund report is a replication of that required by law and published in the Insurance Commission’s annual report for 2006-07, which was tabled in Parliament in September 2007. The RiskCover fund report 2006-07 has now been printed, and is being distributed this week. (2) December will continue to be the target date, as stated in response to question (1).
(2) December will continue to be the target date, as stated in response to question (1).
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