Momentum wins NZ licence to underwrite
19 March 2018
Momentum Life will underwrite its own policies after obtaining a life insurance licence from New Zealand regulatory authorities…
Life Insurance
Cigna NZ welcomes back former CEO
19 March 2018
Cigna New Zealand’s former CEO Gail Costa is to return to her old job…
Advisory firm expands into insurance
12 March 2018
Business advisory firm Ecovis Clark Jacobs has formed a new insurance joint venture, allowing it to expand its accounting, taxation and audit service offering…
Takeovers to cement major players’ market dominance
12 March 2018
Australia’s six largest life insurers will increase their share of inforce premium to almost 88% once the latest round of takeovers is completed, according to a report by market analyst Strategic Insight…
APRA urges super funds to back code
12 March 2018
The Australian Prudential Regulation Authority has urged superannuation fund trustees to sign up to the Life Insurance Code of Practice…
AIA worker health study returns
12 March 2018
AIA Australia will hold its second annual survey of worker lifestyles, clinical indicators, stress and mental health, to understand impacts on wellbeing and productivity…
Super fund signs up for life code
12 March 2018
MTAA Super has signed up for the Insurance in Superannuation Working Group’s Life Insurance Code of Practice…
Report breaks down industry trends
12 March 2018
Smoking trends have changed little in the past five years, according to a Strategic Insights report on the life insurance industry…
APRA releases final revised reinsurance standard
12 March 2018
The Australian Prudential Regulation Authority has released a final revised Prudential Standard LPS 230 following consultation in November…
FPA roadshow focuses on education standards
12 March 2018
The next Financial Planning Association National Roadshow aims to inform members about proposed Financial Adviser Standards and Ethics Authority standards…
Former NAB insurance boss joins Rice Warner
12 March 2018
Former Head of Insurance in Super at NAB Tim Jenkins has joined actuarial firm Rice Warner to become EGM Super…
Investment income lifts industry results
05 March 2018
Life insurers recorded about $712 million in net profit for the December quarter, up from $489 million in the preceding quarter, according to latest figures from the Australian Prudential Regulation Authority…
OnePath looks to support funds and members
05 March 2018
ANZ Wealth has announced a series of initiatives linked to its OnePath business, in a bid to strengthen ties with superannuation funds and their members…
FPA board adds legal expert as ex-CEO leaves
05 March 2018
Jane Bowd has replaced Mark Rantall on the Financial Planning Association board…
O’Dwyer to address FSC conference
05 March 2018
Minister for Revenue and Financial Services Kelly O’Dwyer will speak at the Financial Services Council (FSC) Life Insurance Conference this month…
MLC recruits Reserve Bank information chief
05 March 2018
Sarv Girn has been appointed to the new role of Chief Innovation and Transformation Officer at MLC Life Insurance, starting in May…
Fidelity names new HR boss
05 March 2018
Tanya Hadfield has been appointed Head of People and Culture at Fidelity Life, replacing Stacey McDonald…
ANZ commits to super code
26 February 2018
ANZ says it will possess the first bank-owned retail superannuation funds to adopt the Insurance in Superannuation Code of Practice, to take effect in July…
Adviser banned over poor recommendations
26 February 2018
The Australian Securities and Investments Commission has banned Philip Leake from providing financial services for five years, after he failed to act in life insurance clients’ best interests…
Claims surge dents ClearView profit
26 February 2018
ClearView’s life insurance business made a net profit of $12.5 million in the half-year to December, down 2% due to higher than expected claims…