30 October 2017
The proposed insurance code of practice for superannuation trustees should have “regulatory solutions” involving the Australian Securities and Investments Commission, AustralianSuper says…
30 October 2017
Life insurers must address the implications of genetic testing, which is likely to become more widespread as costs fall, according to a discussion paper from the Actuaries Institute…
30 October 2017
Australian Prudential Regulation Authority Chairman Wayne Byres has flagged long-term changes in the financial sector as more life insurers are sold into foreign ownership…
30 October 2017
AMP’s wealth protection business grew its assets under management by $211 million to $125.3 billion in the third quarter…
30 October 2017
ANZ subsidiary OnePath recorded life insurance inforce premium of $1.61 billion in the year to September 30, little changed from $1.6 billion the previous year…
30 October 2017
S&P Global Ratings has lifted its outlook on MLC to stable from negative, based on the life insurer’s robust capitalisation and solid operating performance…
30 October 2017
The Financial Planning Association (FPA) has announced this year’s award finalists…
23 October 2017
Challenger has reported life annuity sales of almost $1.1 billion for the quarter to September 30, up 6.2% on the corresponding period last year…
23 October 2017
Australian females have the highest life expectancy on record, according to the latest national figures…
23 October 2017
ANZ is continuing to seek a buyer for its life insurance arm following the partial sale of its OnePath wealth business to IOOF for $975 million…
23 October 2017
AIA Group has reported a 20% rise in new business to $US824 million in the third quarter to August 31, underpinned by strong growth in China and the rest of Asia…
23 October 2017
TAL Life has won Strategic Insight Actuaries & Researchers’ annual overall direct life insurer award…
23 October 2017
AIA Vitality members can now give their weekly $5 reward vouchers for hitting exercise targets to one of three charities: the Black Dog Institute, Cancer Council Australia or Diabetes Australia…
23 October 2017
Comparator Lifebroker has started offering round-the-clock quotes in real time through a Facebook Messenger chatbot called Alfred…
16 October 2017
A $100 million class action has been filed against Westpac Banking Corporation, alleging bank life insurance customers pay higher premiums than on similar policies sold via the independent channel…
16 October 2017
The Financial Ombudsman Service has released tables comparing life insurers and other financial service providers’ likelihood of disputes for the year to June 30…
16 October 2017
MLC Life has guaranteed it will not increase premium rates for retail life insurance customers until at least October 1 next year…
16 October 2017
Artificial intelligence, robots and other forms of sophisticated technology must be part of life insurers’ strategies in a rapidly changing industry, advisory group DST says…
16 October 2017
After several months acting in the role, Dan Waller has been appointed Head of Wealth and Life Intermediaries at Suncorp company Asteron Life…
16 October 2017
MetLife has appointed Matt Lippiatt as Head of Retail Sales, a new role in the retail life insurance operation that will launch to advisers and brokers next year…