Partners Life business model pays off
24 September 2012
New Zealand insurer Partners Life has grown rapidly since its launch 18 months ago and is close to its five-year target of taking 20% of all new personal insurance written…
Life Insurance
IOOF extends Plan B offer
24 September 2012
IOOF is to make its offer for Plan B unconditional after securing 86.1% of the dealer group’s shares…
Adviser to sue WealthSure over commissions
17 September 2012
A Melbourne life adviser plans to sue his former dealer group over unpaid commissions…
Remove ‘insurance’ from disability scheme: FSC
17 September 2012
Financial services sector leaders want the National Disability Insurance Scheme to be renamed because they fear it may confuse consumers…
Falling interest rates hit insurers: Swiss Re
17 September 2012
Interest rates which have been dropping for 30 years have dented the insurance industry, according to a study by Swiss Re…
APRA announces interim solvency standards
17 September 2012
The Australian Prudential Regulation Authority has introduced interim arrangements for the reporting of solvency standards by life insurance companies…
Life features a driver in adviser satisfaction
17 September 2012
The features in life insurance products are a key driver of adviser satisfaction, according to Macquarie Life…
Electronic processing for ClearView advisers
17 September 2012
ClearView will introduce electronic applications for its LifeSolutions product from next Monday, Victorian State Manager Tony Schiavello says…
ClearView bid extended
17 September 2012
ClearView Wealth buyer Crescent Capital has extended its bid to September 28, while the Foreign Investment Review Board has approved the takeover…
AIA and OnePath named top Canstar life insurers
17 September 2012
AIA and OnePath have won Canstar’s outstanding value life insurance awards for the second year running…
Australian group life keeps growing
17 September 2012
The group life insurance market is poised for more growth, according to NMG Financial Services Consulting Executive Director Mark Prichard…
Big role for life insurance in MySuper
17 September 2012
The life insurance offering will be a key point of difference among MySuper products, Chant West Head of Research Ian Fryer says…
Life insurance premiums continue to grow
10 September 2012
New annual premiums for life insurance rose 37.6% to $2.64 billion in the 2012 financial year, according to data from research house Dexx&r…
Advisers flock to life insurance
10 September 2012
More financial advisers are providing life insurance advice as clients shun investment markets…
Group life works on better pricing
10 September 2012
Group life insurance pricing is becoming more reasonable but it is still a competitive market, according to Aon Hewitt Head of Health and Benefits Matthew Brown…
Guardian plans careful expansion
10 September 2012
Guardian Advice EM Simon Harris says the group will recruit more advisers in the medium term – but they must fit in culturally…
ClearView MD will keep his shares
10 September 2012
ClearView Wealth MD Simon Swanson will not sell his 2.5% shareholding in the company under the $242 million takeover offer by Crescent Capital, as he and fellow director David Goodsall say the bid…
Actuaries warn of ‘longevity tsunami’
10 September 2012
Australia must adopt a range of reforms to cope with the financial pressures of an ageing population, according to a white paper from the Actuaries Institute…
‘Rethink needed’ on insurance for over-50s
10 September 2012
Insurers and super funds must rethink their approach to insuring older members, according to Chant West Head of Research Ian Fryer…
Annuities legislation needs reform, say actuaries
10 September 2012
Development of a sophisticated market for annuity products is being hampered by outdated legislation reducing Australians’ flexibility in financing their retirements, according to the Actuaries Institute…