Good insurance result for SFG
03 March 2014
SFG Australia’s insurance and mortgage broking fees now account for 11% of its net operating revenue, generating $8.9 million of income in the six months to December 31…
Life Insurance
Affinia shares experience among advisers
03 March 2014
Affinia Financial Advisers has launched an adviser education program that draws on the experience of industry veterans…
Life policy revenue grows, but profits tumble
24 February 2014
Australian life insurers’ gross policy revenue totalled $17.3 billion last calendar year, up from $15.3 billion in 2012…
AIA cashes in on Asian markets
24 February 2014
AIA Group says after-tax profits grew 16% to $US2.5 billion ($2.7 billion) in the year to November 30…
Life woes hit AMP earnings
24 February 2014
AMP wealth protection earnings slumped last year as life insurance claims and policy lapses remained above the long-term average…
Life industry at cycle low: Snowball
24 February 2014
The life market is starting to react to poor profitability and may be at the bottom of the cycle, Suncorp Group CEO Patrick Snowball believes…
Appointed Actuary joins Swiss Re Life & Health
24 February 2014
Nick Kulikov will join Swiss Re Life & Health Australia in May as a director and Appointed Actuary…
Green fills CEO role for MetLife Australia
17 February 2014
MetLife has appointed Head of Employee Benefits in Asia Damian Green as interim CEO of Australia…
Positive experiences promote life cover
17 February 2014
Knowing friends and family who have been spared financial hardship by being insured helps drive life insurance take-up, according to a study by TAL…
BT confident in life business
17 February 2014
BT Financial Group’s life business has a positive outlook, CEO Brad Cooper says…
Planners defend FOFA changes
17 February 2014
Financial planners have rejected claims that proposed amendments to the Future of Financial Advice legislation will weaken consumer protection…
FPA hails Ask an Expert Week success
17 February 2014
This year’s Ask an Expert Week attracted a record number of consumers seeking professional advice and financial tips, according to the Financial Planning Association…
AFA keeps up the fight for FOFA changes
17 February 2014
There is still some way to go before all Future of Financial Advice amendments are secured, the Association of Financial Advisers warns…
Troup takes CommInsure EGM role
10 February 2014
Helen Troup is leaving her position as Swiss Re head of life and health to become EGM at CommInsure…
Macquarie Life keeps five-star status
10 February 2014
Macquarie Life has retained its five-star rating in the Beaton Benchmarks survey – making it the only insurer to do so this year…
FPA calls for tax incentive on advice
10 February 2014
The Financial Planning Association has called for financial advice to be made tax-deductible…
RGA recovers from Q2 losses in Australia
10 February 2014
The Australian operations of Reinsurance Group of America (RGA) broke even last calendar year, despite losing $US229.7 million ($256.5 million) in the three months to June 30…
APRA keeps eye on group life actuaries
10 February 2014
The Australian Prudential Regulation Authority says it will work with life insurers’ actuaries on group life pricing, to ensure “more effective” delivery of responsibilities…
Zurich adds underwriters in NSW, SA
10 February 2014
Zurich Financial Services has added more underwriters to its teams in Sydney and Adelaide, as life sales continue to grow…
Centrepoint adds to adviser support teams
10 February 2014
Centrepoint Alliance has added more managers to its adviser support network, including the return of David Spiteri to the role of National Manager Life Insurance…