From 1 October life insurance companies will be subject to upfront capital penalties until the Australian Prudential Regulation Authority is assured they have taken adequ...

A new Actuaries Institute Taskforce report has laid bare the fragility of the disability insurance market and has recommended changes to product ratings, a best interests...

MLC Life acknowledges less than acceptable service experience as it creates specific life division to be led by Sean McCormack....

The Australian Securities and Investments Commission has kicked off the first phase of its review of the Life Insurance Framework with the issuing of Section 33 notices t...

A workplace communications issue has seen the abrupt departure of QBE chief executive, Pat Regan. ...

Consumers experiencing life insurance premium rises need to understand the factors driving them, according to the Financial Services Council. ...

Some members would see an increase in premiums with an average increase of 30% while others would have significant reductions....

An under pressure OnePath has stepped up its efforts to cut its losses on income protection insurance by announcing a 25% increase in premiums for existing customers as w...

It has welcomed the finding from the draft report of the NSW review of Federal Financial Relations to abolish insurance duties. ...

Big insurer, MLC Life has admitted to advisers that it is up to six weeks behind on some key service deliverables as it seeks to deal with IT issues and Melbourne’s COVID...

New research has confirmed what most life/risk advisers already knew – that front-loading discounts on life/risk products to buy market share ultimately works against the...