Allianz Retire+ has joined the Council of Australian Life Insurers, taking the peak body’s number of members to 20.

“We are absolutely delighted to welcome Allianz Retire+ as a full CALI member,” CEO Christine Cupitt said.

“Our members are the driving force behind CALI’s continuous evolution as the leading voice of life insurance in Australia.”

Allianz Retire+ offers retirement income and life insurance products.

“We are thrilled to join CALI and contribute to the advancement of the industry,” CEO Adrian Stewart said.

“Being a full CALI member provides us with a unique platform to engage with our industry peers, shape and advocate for policy reform, and drive positive change for all Australians.”

Australian life insurers formed CALI in 2022 to advocate for the industry, which used to be represented by the Financial Services Council.