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Life Insurance

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…

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…

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…

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…

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…

FOFA changes draw warm response

03 February 2014

Industry bodies have largely welcomed proposed changes to the Future of Financial Advice legislation – but Industry Super Australia has sounded a note of caution…