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LIFE/RISK

INDUSTRY NEWS

APRA deputy chairman claims insurers ignored the regulator’s warnings and ended up with self-inflicted wounds including premium increases of up to 150 per cent....

INDUSTRY NEWS

APRA has revealed a number of insuers are in run-off mode because they are no longer viable....

INDUSTRY NEWS

Life insurer TAL declared it now provides “almost 100 per cent” equal pay for both male and female employees through its organisation....

INDUSTRY NEWS

Clients who forget to disclose even minor details of their medical past face having their insurance cover cancelled under new laws, a lawyer warns....

INDUSTRY NEWS

There has been a jump in appetite for life insurance among Australians, particularly among generation X, TAL research showed. ...

INDUSTRY NEWS

The WFI and Lumley Insurance brands will formally shift to the Insurance Australia Group (IAG) after the latter received regulatory approval for the purchase of those bus...

INDUSTRY NEWS

If life insurance policies fail to meet the client’s – and adviser’s – expectations, certain questions must be answered, Col Fullagar writes. ...

INDUSTRY NEWS

The current underinsurance crisis is forecast to worsen, as life insurance policies become a casualty of tighter household budgets, an academic believes....

INDUSTRY NEWS

Advisers must be extremely diligent about ensuring they fulfill their duty of care, as two recent court cases have shown. David Glen runs through the post-FOFA adviser ch...

INDUSTRY NEWS

AIA Australia will offer direct life to consumers under a deal with Bendigo Bank to offer bank branded insurance products. ...

INDUSTRY NEWS

Retail giant, Coles, is expanding its financial services offering to include life insurance, with MetLife underwriting the venture. ...

INDUSTRY NEWS

BT Financial Group senior executive, Deanne Stewart, has been appointed as the Australian chief executive of major insurer, Metlife....

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