Page 3625 - Week 11 - Thursday, 22 September 2005

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(5) As noted in (3) above, the ACT has one of the more robust registration systems. This has been demonstrated by the successful identification of these two stolen vehicles.

(6) The Court did not find that the ACT was the “weakest link” in regard to registration of stolen motor vehicles.

Government—insurance
(Question No 460)

Mr Stefaniak asked the Treasurer, upon notice, on 16 August 2005:

(1) What are the names and addresses of the insurance companies which insure the ACT Government;

(2) What does this insurance cover;

(3) What were the annual premiums for (a) 2000-01, (b) 2001-02, (c) 2002-03, (d) 2003-04 and (e) 2004-05;

(4) How much will the premiums be for 2005-06;

(5) How much are the premiums estimated to be for the forward years 2006 until 2010;

(6) How much of the ACT Government’s legal costs are covered by its insurance with regard to (a) the coronial inquiry into the bushfires and (b) the appeal against the Coroner;

(7) How much, in dollar terms, is the ACT Government covered for with regard to potentially successful litigation against the Government as the result of the 2003 Canberra fires.

Mr Quinlan: The answer to the member’s question is as follows:

(1) There are some 56 companies engaged by the ACT Insurance Authority (ACTIA) to provide insurance and reinsurance protection for Government operations. These providers are located both within Australia and off shore (predominantly in London). Names and addresses can be provided, however it may assist if the question could be more specific in what is actually being sought.

(2) Insurance provided by ACTIA covers the following classes:

• Property (Industrial special risks);

• public and products liability and professional indemnity;

• medical malpractice;

• Directors and officers liability;

• corporate travel;

• group personal accident for voluntary workers;

• group personal accident for aero medical retrieval team;

• aviation liability;

• construction all risks; and

• standing timber.

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