412Reports about insurers

412 Reports about insurers (1) The MAI commission may give the Minister reports about— (a) the level of compliance by insurers with— (i) the requirements of this Act; and (ii) any conditions of MAI insurer licences under this Act (including the MAI guidelines); and (b) complaints made about insurers that relate to any matter to which this Act relates; and (c) anything else about insurers that relates to any matter to which this Act relates.

(2) A report may relate to— (a) insurers generally; or (b) a class of insurers; or (c) a particular insurer. (3) A report may identify a particular insurer. (4) A report may include the observations and recommendations the MAI commission considers appropriate. Note The Minister may publish a summary of a report prepared under this section. The summary must not identify a licensed insurer, or allow the licensed insurer’s identity to be worked out (see s 475).