Life sales falling as consumers lose interest
08 August 2011
Consumer confidence in the life insurance industry has dropped in recent months, according to Reinsurance Group of America MD Pauline Blight-Johnston…
Life Insurance
Former Munich Re life boss joins TAL board
08 August 2011
TAL has appointed Roger Garrett, the former Head of Life at Munich Re Australasia, to its board…
Strong half-year for AIA
08 August 2011
AIA Group has reported a 23% increase in new premiums to $US1.09 billion ($1 billion) for the six months ending May 31…
Life industry ‘failing to sell the concept’
01 August 2011
The life insurance industry has failed to convince Australian consumers to buy any cover, says AIA Australia Head of Adviser Services Pina Sciarrone…
Advisers fighting ‘rearguard action’ on FOFA
01 August 2011
Association of Financial Advisers CEO Richard Klipin admits the Future of Financial Advice campaign is now a rearguard action and advisers need to lead the debate in the future…
Life insurance sales up 8.7% in March year end
01 August 2011
Life insurance sales for the year ending March were up 8.7% to $2.27 billion, according to research house Plan For Life…
Insurance to cover after life expenses
01 August 2011
ANZ has launched a new life insurance product aimed at the 50-plus age group to cover expenses after death…
Time to focus on the consumer again – AIA
25 July 2011
The Australian life insurance industry must starting focusing more strongly on customers, AIA Australia CEO Damien Green says…
Zurich cuts premiums for older customers
25 July 2011
Zurich Life Australia has reduced the premiums on its death, trauma and permanent disability products for older consumers…
AMP reshuffles financial services managers
25 July 2011
AMP has revamped its financial services business, which includes life insurance, to create eight divisions…
Super fund mergers will mean fewer insurers
25 July 2011
The number of insurers in the group life insurance market will reduce if the trend of superannuation fund consolidation continues, Tower Australia MD Jim Minto has warned…
UK marketing specialist for FPA
25 July 2011
The Financial Planning Association has hired a UK marketing specialist, Lindy Jones, to run its new consumer advertising campaign…
Top CBA exec replaces Norris
25 July 2011
Commonwealth Bank CEO Ralph Norris is to retire in November and will be replaced by Group Executive Business and Private Banking Ian Narev…
AFA continues FOFA rage
18 July 2011
Association of Financial Advisers CEO Richard Klipin says he hasn’t given up the fight against the Future of Financial Advice reforms…
FPA attacks industry fund’s ‘disgraceful’ campaign
18 July 2011
The Financial Planning Association wants the Industry Super Network to stop its advertising campaign against adviser payments…
Life insurance not a priority for Gen X & Y
18 July 2011
Life insurance is still a low priority for Generations X and Y, according to new research commissioned by the Financial Services Council for its Lifewise campaign…
Asteron selected for Colonial FirstChoice platform
18 July 2011
Asteron has joined with Colonial First State to offer life insurance through superannuation via the FirstChoice investment platform…
Platforms have growing role in selling life insurance
18 July 2011
Investment platforms are becoming an important distribution model for life insurers, according to Tower Australia CEO of Group Life Andrew Boldeman…
Axa keeps VicSuper insurance contract
18 July 2011
Axa Australia will continue to provide life insurance to VicSuper members and will offer a number of enhancements as part of the new contract…
Tower upgrades online underwriting systems
18 July 2011
Tower Australia has used adviser feedback to make a number of major changes to its quoting and electronic application systems…