Life Insurance
05 May 2025
The Council of Australian Life Insurers has urged the re-elected Albanese government to finish its advice reforms, including permitting the industry to provide “simple” guidance to customers...
05 May 2025
A vehicle mechanic has won a total and permanent disability claim dispute after the ombudsman ruled his insurer assessed his case “without fairly considering” his prospects of finding suitable work...
05 May 2025
Former adviser Harish Puri has been jailed three years for life insurance fraud, New Zealand’s Financial Markets Authority says...
05 May 2025
The TAL Risk Academy will again host a month-long webinar series educating financial advisers on ethical considerations...
28 April 2025
The prudential regulator has released annual claim and dispute data for the life sector, with distribution channel and company breakdowns...
28 April 2025
The Australasian Life Underwriting and Claims Association has named the finalists in its annual Life Insurance Excellence Awards...
28 April 2025
Challenger has tightened its full-year earnings guidance range, with the midpoint representing 10% growth on the previous year...
28 April 2025
TAL has struck a three-year partnership with the Heart Foundation and flagged further investment in preventative health support...
14 April 2025
Swiss Re has agreed to transfer its Australian direct life insurance policies to Hannover Life Re of Australasia...
14 April 2025
A woman who posted a signed form opting in to insurance despite having a low superannuation balance cannot make a disability claim because her fund’s trustee says the declaration did not arrive...
14 April 2025
The Council of Australian Life Insurers says worsening cost-of-living pressures are forcing people to go uninsured and ditch conventional mental health support...
14 April 2025
Three financial services licensees have been hit with $31,300 penalties after unregistered staff gave personal advice to retail clients...
07 April 2025
Life insurers “have never had a better opportunity” to shape the industry’s future, according to Acenda CEO and MD Kent Griffin...
07 April 2025
New Zealand’s Financial Markets Authority will review the accessibility of advice to determine if changes to regulations in the past few years have delivered for consumers...
07 April 2025
Life insurer TAL has agreed to buy MS&AD Insurance Group Holdings’ 15.1% stake in listed Australian wealth group Challenger for ¥80 billion ($909.28 million)...
07 April 2025
iExtend has appointed Michael Hull as COO, welcoming his “extensive and broad” business background...
07 April 2025
Life industry insurtech UnderwriteMe has appointed Andrew Doran as CEO...
31 March 2025
A review of life insurers’ compliance with the industry code of practice has found improvements and areas requiring further attention...
31 March 2025
Financial Advice Association Australia has criticised last week’s federal budget, saying it provides “very little for financial services, let alone financial advisers” and fails to address the rising cost of providing advice...
31 March 2025
A regulator’s review of the superannuation industry’s death benefit claims handling has found failings including excessive delays, bad customer service and ineffective procedures...