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Life Insurance

Life showing signs of recovery

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…

Axa managers move across to AMP

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…

Insurers ignoring women at their peril

14 March 2011

Insurers are ignoring women with their marketing campaigns, even they are heavily involved with making decisions on financial services…

Life new business premiums down

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…

Timely life insurance conference for industry

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…

FSC wants volume payments to stay

28 February 2011

The Financial Services Council has joined the fight against banning volume-related payments to financial advisers…

Strong result from AIA

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…

Virgin moves into life insurance

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…

Axa reports strong life insurance sales

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…

ClearView restructuring pays off

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…

Strong demand for life insurance businesses

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…

Macquarie Life wins five stars

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…