Life Insurance
03 June 2024
Life insurers and friendly societies are expected to chip in about $22.1 million to fund the Australian Prudential Regulation Authority’s supervision of the sector next year, Treasury says...
03 June 2024
Pacific Life Re has signed a reinsurance agreement with Japan’s Tokio Marine & Nichido Life Insurance to cover in-force whole-of-life policies...
03 June 2024
New Zealand’s Financial Markets Authority has urged advisers to address lapses identified in its review of compliance with the regulatory regime...
03 June 2024
SWA Financial Planning’s Nathan Purnell has won the Gwen Fletcher Memorial Award for the first study semester of this year...
27 May 2024
Zurich has developed artificial intelligence models to support the underwriting process for life applications with mental health disclosures...
27 May 2024
Insurers have appointed Paul Reid as their new industry representative on the Life Code Compliance Committee...
27 May 2024
Australians are more worried about the future than other nationalities, especially when it comes to financial inequity and climate change, according to a MetLife survey of consumers in 12 markets...
27 May 2024
Challenger will extend its reinsurance partnership with Mitsui Sumitomo Primary Life Insurance Company...
27 May 2024
ClearView Wealth says Michael Alscher has been reappointed as a non-executive director...
27 May 2024
Asteron Life underwriting manager Kathie Tutty has been promoted to chief underwriter...
20 May 2024
The federal budget has failed to address cost challenges facing advisers, Financial Advice Association Australia says...
20 May 2024
TAL says it paid $4.2 billion in claims benefits to more than 50,000 policyholders and their families in the year to March...
20 May 2024
Brand trust, digital features and claims processes are areas requiring close attention from life insurers, according to research firm Investment Trends...
20 May 2024
Instanda and UnderwriteMe say their new collaboration will provide life clients in Australia and other key markets efficiencies across distribution and operational channels...
13 May 2024
Advisers say the Compensation Scheme of Last Resort in its current set-up poses an “existential threat” to the profession, in their strongest criticism yet of the financial redress program...
13 May 2024
A policyholder who said his insurer misleadingly sold him trauma cover via an unsolicited call from his bank has lost his bid to have his premiums refunded...
13 May 2024
The Financial Services Council has announced the formation of the Digital Advice Expert Group to support provision of online advice to consumers...
13 May 2024
ClearView Wealth says it performed “broadly in line” with expectation during the quarter ending March...
13 May 2024
Life insurer TAL is seeking 11 candidates for its next graduate program...
06 May 2024
Life insurers need to improve their approaches to family violence, consumer advocate the Financial Rights Legal Centre says...