Life Insurance
14 March 2011
The Australian life insurance industry is showing signs of recovery from the global economic malaise with profits rising and total expenses dropping, according to the latest Australian Prudential Regulation Authority statistics…
14 March 2011
A number of Axa’s senior financial advice managers will be transferring to AMP at the end of the month after the Supreme Court approved the merger last week…
14 March 2011
Macquarie Life has launched an online educational site for advisers to help explain medical illnesses…
14 March 2011
Fidelity Life has received only a small number of life insurance claims from the second Christchurch earthquake…
14 March 2011
Tower NZ has been forced to buy more reinsurance cover following the latest earthquake in Christchurch…
14 March 2011
Insurers are ignoring women with their marketing campaigns, even they are heavily involved with making decisions on financial services…
07 March 2011
Axa Asia Pacific Holdings shareholders have overwhelmingly voted for the merger with AMP…
07 March 2011
New life insurance business annual premiums were down 3.34% for the year ending December 31, according to research house Dexx&r…
07 March 2011
The Financial Services Council Life Insurance Conference next month will provide the industry with regulatory updates and industry trends, according to CEO John Brogden…
28 February 2011
The Financial Ombudsman Service has released comparative tables on major financial services companies for the first time…
28 February 2011
The Association of Financial Advisers has attacked Assistant Treasurer Bill Shorten for ignoring the lack of life insurance held by Australians…
28 February 2011
The Financial Services Council has joined the fight against banning volume-related payments to financial advisers…
28 February 2011
AIA has reported a 54% increase in net profit to $US2.7 billion ($2.6 billion) for the year ending November 30…
28 February 2011
Both CommInsure and Tower Australia have been named Association of Financial Advisers Life Company of the Year…
21 February 2011
Virgin Money has moved into the life insurance market with a range of low-cost products created for it by Tower Australia…
21 February 2011
Axa Asia Pacific Holdings has reported good growth in its individual life insurance business in Australia and Asia for the 12 months ending December 31…
21 February 2011
AMP’s contemporary wealth protection business operating earnings dropped 11% to $138 million for the 12 months ending December 31, 2010…
21 February 2011
Financial services specialist ClearView has reported an after-tax profit of $2.9 million, for the six months ending December 31 – up 709% compared to the corresponding period in 2009…
14 February 2011
The demand for adviser life insurance businesses remains strong due to the lack of opportunities in the open market, according to a company specialising in buying and selling adviser…
14 February 2011
Macquarie Life will be focusing on claims management this year to maintain its service levels to advisers after being awarded five stars in the Beaton Benchmarks Life Insurance…