Life Insurance
11 March 2024
The Australasian Life Underwriting and Claims Association has outlined ways for the industry to attract and retain talent, drawing on interviews with senior leaders and a survey of under-35s...
11 March 2024
Shine Lawyers has begun class action proceedings against Aussie Home Loans, alleging the mortgage broker sold junk insurance to thousands of customers...
11 March 2024
Financial advice practices are holding up well despite challenges such as rising operating costs and staffing issues, according to a new report...
11 March 2024
MLC Life Insurance has called for changes to default disability cover offered via superannuation after research showed current arrangements do not provide the protection people need...
11 March 2024
A Lloyd’s-backed professional indemnity cover designed for financial advisers has launched under a partnership between Adviser Ratings and insurtech Numerisk...
11 March 2024
Financial Advice Association Australia will hold roadshow events next month and in May to engage with members...
11 March 2024
The Financial Advice New Zealand conference last week handed out awards for outstanding achievement...
04 March 2024
The Australian Financial Complaints Authority backs regulating life insurers’ use of genetic testing results, saying government intervention is needed for the sake of consumers...
04 March 2024
A court has ruled that funeral insurer Youpla Group and subsidiary ACBF Funeral Plans misrepresented to Indigenous consumers that the business was owned or managed by Aboriginal people...
04 March 2024
The Australian Financial Complaints Authority has rejected a life insurance policyholder’s bid to obtain a portion of the commissions paid to his adviser...
04 March 2024
MLC Life Insurance has appointed Mirella Robinson to the newly created Chief Technology Officer role...
26 February 2024
Suncorp New Zealand’s life business suffered a 12.5% decline in half-year net profit to $NZ14 million ($13.1 million), the business announced today...
26 February 2024
Resolution Life Australasia must reassess a melanoma patient’s trauma claim after a dispute ruling found that it carried out a “deficient” investigation into whether the man’s illness met terms covered by its policy...
26 February 2024
Slater & Gordon has provided an update on a $100 million class action settlement with Colonial First State in relation to adviser commissions and fees charged to super members...
26 February 2024
ClearView Wealth says it is making a “successful transition” from a diversified financial services company to a pure life insurance business, as demonstrated by its first-half results...
19 February 2024
Shine Lawyers has launched class action proceedings in the Federal Court against Rest Superannuation, alleging the fund wrongfully deducted income protection premiums from members’ accounts...
19 February 2024
The life insurance industry is ripe for an overhaul and offers technology vendors an exciting untapped opportunity, Austbrokers Life MD Ben Donald says...
19 February 2024
A complainant has won her dispute with the company that arranged a reinstated trauma policy after the Australian Financial Complaints Authority ruled she was misled over coverage terms and exclusions for cancer...
19 February 2024
Challenger has recorded stronger first-half results, supported by its core life business...
12 February 2024
Resolution Life is challenging a Federal Court decision rejecting its appeal against an Australian Financial Complaints Authority ruling about a gratuitous payment for a total and permanent disability claim...