Brought to you by:

Life Insurance

Poor margins deter Zurich from group sector

12 August 2013

Zurich has maintained sustainable pricing on its individual life business by avoiding the “volatility and wafer-thin margins” of the group market, according to Australia Life and Investments CEO Colin Morgan…

Underinsurance ‘an evolving problem’

05 August 2013

The issue of life underinsurance has evolved from people being without cover to people lacking sufficient cover, according to AIA Australia GM Life Insurance Damian Mu…

FSC calls on industry to find its voice

05 August 2013

The financial services industry must present a united front to governments and consumers, Financial Services Council CEO John Brogden says.…

MetLife reports Q2 earnings rise for Asia

05 August 2013

MetLife’s Asian operating earnings grew 18% to $US330 million ($368 million) in the second quarter, driven by strong underlying business growth across the region…

AIA eyes further growth in Australia

05 August 2013

AIA sees “great opportunities” in Australia after the country contributed to strong new business growth in the company’s first half…

Capital, regulation and claims worry life insurers

29 July 2013

Life insurers’ top three concerns are return on capital, regulation and declining claims experiences, according to a survey of CEOs by the Financial Services Council and investment software group DST…

Australian operations pull down RGA result

29 July 2013

Reinsurance Group of America has reported a net loss of $US49.6 million ($53.5 million) for the quarter to June 30, down from a $US141 million ($152 million) profit in the corresponding period last year…

AFA award winners ‘set benchmark’

29 July 2013

The quality of entrants for this year’s Association of Financial Advisers Excellence in Education Awards can help improve public perceptions of the industry, according to an award sponsor…

Beazley recruits Richardson for group life role

29 July 2013

Beazley Underwriting continues to grow its Australian group life business, with the appointment of former TAL business development manager Duncan Richardson as Life, Accident and Health Development…

It pays to be a planner in Victoria or NSW

15 July 2013

Financial planners in NSW and Victoria continue to earn more than their counterparts in other states, according to the latest Michael Page Australia Salary and Employment Forecast…

AMP and MLC continue to lose share

15 July 2013

Leading life insurers face mounting pressure as recent entrants continue to grow their market shares, according to new figures from Plan For Life…