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LIFE/RISK
INDUSTRY NEWS
New research from Roy Morgan has shown only 6.1 per cent of risk and life insurance policy holders looking to switch providers are doing so upon the advice of a broker or...
INDUSTRY NEWS
The financial services group said it will sell its Australian life insurance arm to TAL Dai-ichi Life Australia for $725 million after announcing a 4.1 per cent dip in FY...
INDUSTRY NEWS
Suncorp Limited has confirmed the signing of a non-binding Heads of Agreement to sell its life insurance business to TAL Dai-Ichi Life Australia....
INDUSTRY NEWS
The Australian Prudential Regulation Authority has backed life insurers playing a greater role in injured worker rehabilitation subject to a unified approach with other i...
INDUSTRY NEWS
The Australian Securities and Investments Commission has urged giving consumers the right to take legal action against insurers who breach the Financial Services Council’...
INDUSTRY NEWS
Self-regulation would not be an adequate protection if life insurers were permitted to participate in worker rehabilitation, according to mental health body, beyondblue....
INDUSTRY NEWS
The commencement of the Life Insurance Framework has put increased pressure on advisers to re-evaluate cost structures and improve practice efficiency....
INDUSTRY NEWS
While 90 per cent of firms are confident of their capability to respond to crises, only 17 per cent have tested their preparedness, according to a Deloitte study....
INDUSTRY NEWS
The Australian Prudential Regulation Authority has shown concern that poor disability income insurance, reporting that the performance and sustainability of DII products ...
INDUSTRY NEWS
Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....
INDUSTRY NEWS
NEOS Life, a new entrant to the life insurance market, has chosen Pacific Life Re as its partner reinsurer and UnderwriteMe as its underwriting platform....
INDUSTRY NEWS
The change to default group insurance put forward by the Federal Budget could result in a 50 per cent reduction in overall insurance cover inside super, KPMG has warned....
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