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Life Insurance

Comprehensive insurance advice key to best interests

24 September 2012

Advisers must ensure they cover all a client’s insurance needs under proposed best interest duty regulations, according to WHK National Head of Lending and General Insurance Terry Lingard…

Zurich updates occupations for life products

24 September 2012

Zurich has reviewed its risk rating for engineering and mining jobs, added more than 30 occupations to its adviser guide and enhanced its definition of malignant cancer in relation to breast cancer…

AIA recruits partnerships leader

24 September 2012

Life group AIA Australia has appointed Sam Tremethick to the new role of national manager, strategic partnerships…

Income protection for mums and dads

24 September 2012

InsuranceLine has launched a new income protection product for stay-at-home parents – providing up to $3000 a month if they are unable to perform their regular duties…

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…

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…

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…

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…

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…