insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2020 Actuaries present proposals to save DII market https://www.insurancenews.com.au/life-insurance/actuaries-present-proposals-to-save-dii-market https://www.insurancenews.com.au/life-insurance/actuaries-present-proposals-to-save-dii-market The Actuaries Institute has published for consultation a report proposing sweeping reforms for the ailing retail disability income insurance market...

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Mon, 28 Sep 2020 13:15:00 +1000
MLC creates new life insurance division https://www.insurancenews.com.au/life-insurance/mlc-creates-new-life-insurance-division https://www.insurancenews.com.au/life-insurance/mlc-creates-new-life-insurance-division MLC has created a new Life Insurance Division in a shake-up that new Chief Life Insurance Officer Sean McCormack says recognises its current service experience “is not acceptable”...

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Mon, 28 Sep 2020 13:14:00 +1000
ASIC extends COVID relief for advisers https://www.insurancenews.com.au/life-insurance/asic-extends-covid-relief-for-advisers https://www.insurancenews.com.au/life-insurance/asic-extends-covid-relief-for-advisers A temporary measure to enable financial advisers to provide consumers with affordable services during the pandemic crisis has been extended by six months to April 15 next year...

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Mon, 28 Sep 2020 13:13:00 +1000
Asteron fills new head of life role https://www.insurancenews.com.au/life-insurance/asteron-fills-new-head-of-life-role https://www.insurancenews.com.au/life-insurance/asteron-fills-new-head-of-life-role Suncorp New Zealand has promoted Grant Willis to a newly established Head of Life role at Asteron...

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Mon, 28 Sep 2020 13:13:00 +1000
ASIC offers relief for Victoria’s locked down advisers https://www.insurancenews.com.au/life-insurance/asic-offers-relief-for-victorias-locked-down-advisers https://www.insurancenews.com.au/life-insurance/asic-offers-relief-for-victorias-locked-down-advisers Advisers in Victoria have been given more time to comply with fee disclosure statement and renewal notice obligations under temporary changes made by the Australian Securities and Investments Commissions...

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Mon, 28 Sep 2020 13:11:00 +1000
Report on NZ advisers sparks ‘strong action’ warning https://www.insurancenews.com.au/life-insurance/report-on-nz-advisers-sparks-strong-action-warning https://www.insurancenews.com.au/life-insurance/report-on-nz-advisers-sparks-strong-action-warning A Financial Markets Authority report on New Zealand’s financial advice sector has found weaknesses in areas such as conduct and culture, prompting the regulator to warn it would take “increasingly strong action” against those who fail to remedy the problems...

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Mon, 28 Sep 2020 13:10:00 +1000
Reinsurer appoints Asia Pacific chief for life and health https://www.insurancenews.com.au/life-insurance/reinsurer-appoints-asia-pacific-chief-for-life-and-health https://www.insurancenews.com.au/life-insurance/reinsurer-appoints-asia-pacific-chief-for-life-and-health Bermuda-based PartnerRe has appointed John Mok as CEO, Life & Health Asia Pacific, with effect from February...

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Mon, 28 Sep 2020 13:10:00 +1000