CommInsure picks up Tasmanian business
05 March 2012
CommInsure has won a life insurance mandate from Tasmanian-based Retirements Benefits Fund…
Life Insurance
FPA maintains push for life commissions
27 February 2012
The Financial Planning Association has called on the Federal Government to amend the definition of group life insurance in superannuation to allow commissions to be paid on advice to individual…
ASIC shopper report impact ‘might be bigger than FOFA’
27 February 2012
The results of the Australian Securities and Investments Commission’s “shadow shopper” report might have greater implications for the financial services industry than the proposed Future of Financial…
Suncorp Life rides investment wave
27 February 2012
Suncorp Life was the star performer in the group’s half-year financials, lodging a 118% increase in net profit after tax to $133 million…
‘Good’ half-year results from ClearView
27 February 2012
ClearView has reported a 316% increase in net profit after tax to $12.2 million for the six months ending December 31…
Asteron pushes for bigger market share
27 February 2012
Asteron is hoping to attract more advisers to sell its life insurance as a result of launching a simplified product…
CommInsure loses two senior managers
27 February 2012
CommInsure has confirmed that it has lost both its Victorian state manager as well as its CFO…
Strong year-end results for AIA
27 February 2012
AIA group has reported a 40% increase in new business to $US932 million ($868 million) for the 12 months ending November 30…
TAL named top life company
27 February 2012
TAL has been named top life company in the Association of Financial Advisers/Plan For Life awards…
New SOA software for dealer group
27 February 2012
Financial Services Partners has introduced a number of improvements to its Xplan software to deliver more comprehensive written advice to clients…
Life insurance growth will continue: Brogden
20 February 2012
The life insurance sector will continue to grow despite gloomy forecasts for the global economy, according to Financial Services Council CEO John Brogden…
Macquarie launches new life group
20 February 2012
Macquarie Group has launched a new life insurance adviser group called Risk Advice Specialists and has already recruited six advisers that were with Patronus Risk Specialists…
Good first half for CommInsure
20 February 2012
CommInsure has reported an 8% increase in average inforce premiums to $2.1 billion for the half-year to December 31…
Strong performance from AMP’s life business
20 February 2012
AMP has reported a 7.5% increase in annual premium income for its individual life insurance business for the year ending December 31…
Flexible approach to TPD by Zurich
20 February 2012
Zurich Financial Services has introduced a more flexible structure for holding total and permanent disability insurance inside and outside superannuation…
Tough quarter for bank insurers
20 February 2012
Both Westpac and ANZ have reported difficult conditions for their insurance businesses during the three months ending December 31…
Call for tailored approach to group insurance
13 February 2012
Superannuation funds will have to look at tailoring their life insurance offering rather than using a “one size fits all” approach, according to Rice Warner director Richard Weatherhead…
Life advisers happy with their future
13 February 2012
Life insurance advisers are “moderately positive” about their prospects in 2012, according to a new survey commissioned by Zurich Life Australia…
Call for better accounting rules for life insurers
13 February 2012
Life insurers need to do a better job of explaining how they create value and earn profits, according to a new report by Swiss Re…
Life and health save Tower’s profitability
13 February 2012
The life and health insurance business at Tower NZ helped the insurer weather the costs of the Christchurch earthquake, MD Rob Flannagan told the company’s AGM last week…