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Life Insurance

Industry profit plummets

24 June 2019

The life insurance industry made a total net profit of $924 million last year, a sharp drop from $2.38 billion in 2017, according to Australian Prudential Regulation Authority institution-level statistics...

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Wealth managers stall action on inactive super accounts

24 June 2019

Some wealth managers drawing fees from superannuation life insurance policies on inactive accounts are disputing regulatory guidance from the Australian Prudential Regulation Authority that such accounts need to be either confirmed or cancelled by members...

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MetLife fills new senior customer role

24 June 2019

MetLife Australia has created a new Chief Customer and Marketing Officer position, promoting chief distribution officer Chesne Stafford to the role...

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AFA books keynote speakers

24 June 2019

Former foreign minister Julie Bishop and Thailand cave rescuer Richard Harris will headline the Association of Financial Advisers’ annual conference in August...

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Zurich develops wellness app

24 June 2019

Zurich has launched a wellness app to reward life insurance customers who improve and maintain physical and mental wellbeing...

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