Swiss Re urges more action on life insurance
08 March 2010
A Swiss Re expert has urged Australian life insurers to seize on the lessons of the global financial crisis to improve the promotion of life insurance…
Life Insurance
Axa takeover speculation takes new turn
01 March 2010
A new twist in the battle for Axa Asia-Pacific Holdings centres on a media report claiming AMP has a “Plan B” involving the ANZ Bank if its bid against rival…
Risk insurers wanted ahead of Centric IPO
01 March 2010
Sydney-based financial adviser Centric Wealth has tabled an aggressive expansion policy, seeking greater reach into risk insurance and an eventual public float…
It’s Comminsure’s year at life awards
01 March 2010
CommInsure is the standout performer in the 2009 Life Company of the Year Awards…
OAMPS finds chief for life insurance foray
01 March 2010
Former Axa Australia State Manager for Victoria and Tasmania Michael Meysztowitz will head up OAMPS’ new life insurance division…
Battle for Axa intensifies
22 February 2010
The two suitors for Axa Asia Pacific Holdings have used their quarterly reporting announcements to reiterate that they are seriously in the game…
Australians biggest financial losers
22 February 2010
Australians are increasingly snacking on an unhealthy diet of debt, poor savings and no insurance coverage…
IFSA set to unveil ‘massive’ underinsurance problem
22 February 2010
The Investment and Financial Services Association says it has groundbreaking new data showing that Australian families face a massive financial and lifestyle hit due to underinsurance…
Planners seek CEO
15 February 2010
Recruiters are expected to begin an international search today for a replacement for Jo-Anne Bloch, who has resigned as CEO of the Financial Planning Association…
Tower stays the course
15 February 2010
Investment in technology and a simplified business model are the key objectives for life insurer Tower Australia in the coming year, shareholders were told at last week’s AGM…
Analysts say life is on the up
15 February 2010
The life insurance industry has emerged from the doldrums to face strong growth prospects in the next five years, according to Ibisworld analysts…
Axa tussle enters new round
08 February 2010
The battle for Axa Asia Pacific Holdings’ Australasian businesses enters a new phase this week after AMP’s exclusivity agreement with the French parent company…
Lombardo gets nod from NAB
08 February 2010
The head of the National Australia Bank’s new retail insurance division has been announced.…
Life risk a boon for insurers
01 February 2010
Australia’s appetite for life risk products such as death, income protection and mortgage insurance grew strongly in the year to September 30, with premium inflows up…
Life insurers report good profit growth
01 February 2010
Life insurers have made some decent strides over the past year, according to new figures from the Australian Prudential Regulatory Authority…
Tower reports improved results
01 February 2010
Tower Australia has recorded a 19% rise in inforce risk premium for the December quarter, due in part to a windfall superannuation appointment…
CBA to capitalise on China life prospects
01 February 2010
The Commonwealth Bank of Australia has announced a new life joint venture partnership in China after regulators allowed the first local bank to enter the market…
Average death and disability claim revealed
14 December 2009
The largest ever analysis of death and disability claims in Australia has revealed an average payout of little more than $130,000…
Planners slow on the risk uptake, says survey
14 December 2009
Financial planners could be doing more to advise clients on risk, a survey by research agency Investment Trends has revealed…
Life scholarship winner named
14 December 2009
Tower Australia Technical Product Manager Gavin Lai has been named winner of this year’s Australian Life Underwriters and Claims Association TurksLegal Scholarship…