LIFE/RISK

INDUSTRY NEWS

A new whitepaper developed by ClearView is arguing that policy-makers have railed to understand life/risks commissions and the significant risks associated with removing ...

INDUSTRY NEWS

Super funds could face legal problems once group insurance for inactive accounts is switched off on 1 July, as members who were unaware they were losing their cover may s...

INDUSTRY NEWS

A major insurer has backdated an update of two of its outdated medical definitions, meaning consumers who had their claim rejected previously may be able to get a new dec...

INDUSTRY NEWS

Australians are at risk of losing their life insurance cover when superannuation changes come into effect in July, as AIA Australia, Commonwealth Superannuation Corporati...

INDUSTRY NEWS

AMP Limited has announced that its Group Chief Financial Officer will be staying on until the company manages to complete the sale of its life business to Resolution Life...

INDUSTRY NEWS

Zurich has flagged growing its business on the back of completing its acquisition of ANZ’s OnePath life insurance business....

INDUSTRY NEWS

Disability insurance is continuing to significantly drag on the bottom lines of the major insurers despite goodwill “discrete goodwill write-offs”...

INDUSTRY NEWS

While the new design and distribution obligations for retail insurance products will impact insurers more, sellers of retail insurance products will still see some new re...

INDUSTRY NEWS

Digital technology’s clash with legacy infrastructure and the spread of 5G mobile networks are among risks identified by Swiss Re Institute in its latest insurance risk r...

INDUSTRY NEWS

Actuarial research and ratings house, Rice Warner has pointed to the disability insurance problems facing the major insurers and the vexed question of best interests vers...

INDUSTRY NEWS

ASIC will likely require some insurance code of practice provisions are strengthened before it approves the code, and these requirements may extend to other industry bodi...

INDUSTRY NEWS

TAL has moved to consolidate its retail offering following its acquisition of Suncorp’s Asteron business and will take Asteron Retail off-sale from 1 July and trim staff ...

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