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Life Insurance

CommInsure rehab worker wins TurksLegal scholarship

06 November 2017

Jennifer Jackson, a Rehabilitation Consultant at CommInsure, has won this year’s Australasian Life Underwriting and Claims Association TurksLegal Scholarship for her essay on genetic testing…

ANZ helps advisers adjust to reforms

06 November 2017

ANZ Wealth has introduced an online service to help advisers prepare for the Life Insurance Framework taking effect on January 1…

Future2 tops $130,000 in grants

06 November 2017

The Financial Planning Association’s charity arm, the Future2 Foundation, has awarded $133,000 in grants this year to 14 charities that help socially and financially disadvantaged young Australians…

OnePath premium falls flat

30 October 2017

ANZ subsidiary OnePath recorded life insurance inforce premium of $1.61 billion in the year to September 30, little changed from $1.6 billion the previous year…

S&P upgrades MLC outlook

30 October 2017

S&P Global Ratings has lifted its outlook on MLC to stable from negative, based on the life insurer’s robust capitalisation and solid operating performance…

Challenger reports annuity sales growth

23 October 2017

Challenger has reported life annuity sales of almost $1.1 billion for the quarter to September 30, up 6.2% on the corresponding period last year…

OnePath buyer search ‘may take time’

23 October 2017

ANZ is continuing to seek a buyer for its life insurance arm following the partial sale of its OnePath wealth business to IOOF for $975 million…

China growth lifts AIA in third quarter

23 October 2017

AIA Group has reported a 20% rise in new business to $US824 million in the third quarter to August 31, underpinned by strong growth in China and the rest of Asia…

AIA reward scheme adds charity option

23 October 2017

AIA Vitality members can now give their weekly $5 reward vouchers for hitting exercise targets to one of three charities: the Black Dog Institute, Cancer Council Australia or Diabetes Australia…

Westpac faces class action from life policyholders

16 October 2017

A $100 million class action has been filed against Westpac Banking Corporation, alleging bank life insurance customers pay higher premiums than on similar policies sold via the independent channel…

FOS ranks life insurers on dispute likelihood

16 October 2017

The Financial Ombudsman Service has released tables comparing life insurers and other financial service providers’ likelihood of disputes for the year to June 30…