LIFE/RISK

INDUSTRY NEWS

The Australian Securities and Investments Commission wants more power to deal directly with insurance claims handling issues....

INDUSTRY NEWS

MLC Life Insurance chief executive, David Hackett has admitted the company’s income protection book moved into loss recognition in 2015, prompting significant premium inc...

INDUSTRY NEWS

A guidance note on group insurance data to improve consumer outcomes has been jointly released by life insurance and super bodies....

INDUSTRY NEWS

Public and private enterprises in the finance industry had not responded to the adverse impacts of cyber risk on economic wellbeing and national security....

INDUSTRY NEWS

Life insurance competition has resulted in innovation in products, underwriting, customer services, and adviser training....

INDUSTRY NEWS

A new white paper has warned that the Life Insurance Framework risks the loss of a generation of highly experienced planners unless appropriate strategies and supports a...

INDUSTRY NEWS

The Australian Prudential Regulation Authority has confirmed the advertising campaigns mounted by plaintiff law firms are driving higher insurance claims experience....

INDUSTRY NEWS

The AFA has renewed its call for all life/risk to be underwritten at time of purchase with a scathing assessment of direct insurance and its risks....

INDUSTRY NEWS

Australian Unity has posted a 16 per cent increase in profit after tax for the six months to December, 2016....

INDUSTRY NEWS

Maurice Blackburn has attacked CommInsure over its claims handling report, saying the types of claims selected for review were selective....

INDUSTRY NEWS

The Australian Prudential Regulation Authority has confirmed it is investigating whether breaches occurred in CommInsure’s handling of a whistle-blower....

INDUSTRY NEWS

AIA delivered strong results for 2016 and saw a 50 per cent rise in members of its Vitality programme....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 5 days ago