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LIFE/RISK
INDUSTRY NEWS
Financial advisers should be granted as much leeway as lawyers in providing assistance with insurance claims, according to the Association of Financial Advisers....
INDUSTRY NEWS
Superannuation funds negotiating new group insurance arrangements will have to prove and certify that they are in the best interests of members....
INDUSTRY NEWS
Members are now able to obtain more insurance cover without the need for underwriting....
INDUSTRY NEWS
In the latest step of the acquisition, AIA Australia will notify CommInsure policyholders of their transfer to the life insurer which is subject to the Federal Court of A...
INDUSTRY NEWS
Nippon Life and National Australia Bank have provided a $650 million capital injection to MLC Life with Nippon Life declaring it will be carefully monitoring developments...
INDUSTRY NEWS
Suncorp has denied the existence of entrenched problems with respect to its total and permanent disability insurance offering but has nonetheless initiated a comprehensiv...
INDUSTRY NEWS
Younger superannuation members and those in insurance policies with more restrictive terms and conditions may be receiving relatively low value for money, according to th...
INDUSTRY NEWS
Commonwealth Bank has announced its divestment of 37.5% equity interest in BoCommLife to MS&AD Insurance Group Holdings has been approved by the China Banking and Insuran...
INDUSTRY NEWS
The partnership will deliver a mix of insurance broking, account and tax services to members of either firm....
INDUSTRY NEWS
Westpac has announced it will sell its General Insurance and General Insurance Services to Allianz for $725 million and has entered into an exclusive 20-year distribution...
INDUSTRY NEWS
As the Australian Securities and Investments Commission kicks off its review of the Life Insurance Framework a new report has defended the value of life/risk commissions....
INDUSTRY NEWS
In yet another sign of the challenging times confronting the life insurance industry in Australia, Hannover Life Re has announced it is exiting the direct group market to...
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...