SIRA collects data on Home Building Compensation (HBC) contracts of insurance and claims in accordance with HBC guideline to monitor the operation of the scheme. The information in this report consists of two parts:
Part 1: information pertaining to policies issued since 1 July 2010.
icare HBCF has been the sole provider over this period.
Part 2: claims information for policies issues prior to 1 July 2010.
The information in Part 2 of the report relates to claims information for contracts of insurance entered into by runoff insurers prior to 1 July 2010.
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