Premiums down for life insurers
28 May 2012
Life insurer net premiums fell to $42.3 billion in the year ending March 31, Australian Prudential Regulation Authority figures show…
Life Insurance
Good year for TAL
28 May 2012
TAL has reported a 25% increase in net profit to $93 million for the year ending March 31…
AFS parts with CEO
28 May 2012
Dealer group Australian Financial Services has dropped long-serving CEO Peter Daly…
Lifetime expands into North Island
28 May 2012
Christchurch-based advisers Lifetime Group has acquired Wellington-based Meridian Brokers as part of plans to expand into the North Island…
Principals support RI new offer to advisers
28 May 2012
RI Advice Group’s proprietors advisory council has supported the dealer group’s proposals for advisers stemming from a recent business review…
Dealer group creates own medical testing service
21 May 2012
Dealer group Synchron has created a joint venture with services group Health Predictions to provide direct medical services for its advisers…
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…
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…