Scaled advice tipped to raise demand for advisers
21 May 2012
A research house is predicting life insurance companies will have to expand the numbers of specialist advisers they use to meet the demand for scaled advice…
Life Insurance
Better heart attack definitions from AIA
21 May 2012
AIA Australia has amended the definition of heart attack for its income protection product…
CommInsure grows premium in first quarter
21 May 2012
CommInsure premiums grew 4.9% in the three months ending March 31, according to the Commonwealth Bank’s trading update…
Advisers ignoring SMSF insurance market
21 May 2012
Financial advisers still see life insurance as a growth market, but are ignoring the self-managed super fund market…
Over-50s hampered by injury
21 May 2012
More than 1.2 million Australians aged over 50 have been injured in the past six months, according to research by Suncorp specialist insurer Apia…
Della rejoins Zurich
21 May 2012
Former CommInsure CFO Greg Della has rejoined Zurich Financial Services as Chief Life Actuary…
AIG to sell remaining AIA stake
21 May 2012
AIG plans to sell its remaining stake in Asian life insurer AIA in September…
Public trusts advisers more than brokers
21 May 2012
Financial advisers rank much higher than insurance brokers in a Roy Morgan poll on professions…
Advisers call for flat life commissions
14 May 2012
Advisers are calling for flat life insurance commissions to enable them to deal with administering these payments in a fee-for-service model…
Australia leads in direct life insurance distribution
14 May 2012
Australia is one of the leading countries for direct life insurance sales, according to Oliver Wyman Principal Brad Clarke…
AMP insurance business ticking along
14 May 2012
AMP’s individual and group life insurance net cash flow in the first quarter to March 31 was $193 million, slightly down from the $198 million in the corresponding period last year…
Good result for NAB’s life insurance business
14 May 2012
NAB Wealth has reported a 4% rise in total annual inforce premiums to $1.49 billion for the half-year ending March 31…
OnePath offers split TPD ownership
14 May 2012
OnePath has joined the list of insurers now splitting ownership of total and permanent disability cover inside and outside super…
TAL appoints new direct business chief, CFO
14 May 2012
TAL has appointed John Hoyle as CEO of its direct distribution channel InsuranceLine…
Gen Y not helping the stats
14 May 2012
Asteron Life research has confirmed what everybody knows – young Australians are the accident-prone generation…
Life insurers ‘need to embrace data analytics’
07 May 2012
Life insurers are falling behind the rest of the financial services industry with their use of data analytics, according to Deloitte Partner Paul Swinhoe…
Accountants push for their bit of FOFA
07 May 2012
Pressure is mounting on the Federal Government to release the next tranche of the Future of Financial Advice reforms that will cover the exemption on licensing for accountants…
OnePath losses continue
07 May 2012
OnePath has reported a $31 million loss for the six months ending March 31…
BT’s new life business up 47%
07 May 2012
BT Financial Group has reported $540 million life insurance inforce premiums for the six months ending March 31…
Consumers confused on life insurance, says Macquarie
07 May 2012
Consumers appear confused about life insurance, according to research by Macquarie Adviser Services…