Life insurers in search of new business need to curb irrational practices and income protection benefit periods should be shortened to reduce premium increases, according...

The industry needs to work together to move clients in closed income protection insurance products to more sustainable products and to manage the inforce book, according ...

Despite specialist risk advisers unable to currently grow their businesses, the need for life insurance is emphatic and new advice models will help their future, accordin...

Colonial First State will reduce insurance premiums on its FirstChoice Employer Super, Essential Super, FirstChoice Personal and FirstChoice Wholesale Personal products d...

While investment market performance boosted the industry’s financial performance to $1 billion in FY21, individual disability income insurance continued to report losses....

Risk specialist advisers will have a tough time growing new business as the life insurance market continues to shrink and the cost of advice continues to rise....

Only half of Australian institutional investors say engaging on environmental issues such as climate change or the use of fossil fuels are the most important stewardship ...

The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance. ...

New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...

The Financial Services Council has released the second draft of the life insurance code of practice for public consultation. ...

The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank. ...