brett clark

Life/Risk

TPD to be next issue to watch for insurers

Total and permanent disability products are next on the list for insurers to look at to ensure they do not become unsustainable like income protection....

Features

The new era of income protection

The life insurance industry’s losses have stemmed mostly from unsustainable income protection products, Jassmyn Goh writes, but will the new products help end bad habits?...

Life/Risk

Risk advisers need to make clear insurance expectations

Risk advisers need to ensure their clients know that level premiums are not a guarantee and what to expect when their first-year discounts expire, according to life insur...

People & Products

TAL launches new income protection products

The life insurer is offering two long-term options to provide benefits to age 65 and a short-term option to over one, two, or five year periods. ...

Life/Risk

IP premiums continue to increase but new products to help

The industry needs to work together to move clients in closed income protection insurance products to more sustainable products and to manage the inforce book, according ...

Life/Risk

TAL welcomes focus on legacy life products

The life insurer supports the Government’s plan announced in the Budget to develop a streamlined mechanism to transfer life insurance customers from old legacy products t...

Features

How everything has changed before the LIF is even reviewed

From the implementation of the FASEA regime through to the recommendations of the Royal Commission, Mike Taylor writes, a lot had changed before the Australian Securities...

Life/Risk

There is a future for level premiums: panel

Fixed term level premiums will give more certainty for clients and will become the norm in the future but there has not been a proper level premium for a fixed term produ...

Features

LIF, life and tough times for insurers

Mike Taylor writes that less than 12 months out from the Australian Securities and Investments Commission’s review of the Life Insurance Framework, the Australian life in...

Life/Risk

TPD ADL regime up for change

Amid suggestions by the Australian Financial Complaints Authority that the Activities of Daily Living regime is “very tough”, the major insurers have flagged key changes ...

Superannuation

TAL cements dominance in super sector with new mandate

TAL has reasserted its market dominance within the group insurance sector, with LGIAsuper announcing the company would take over its insurance mandate just weeks after Re...

Life/Risk

TAL to pull Asteron retail off-sale

TAL has moved to consolidate its retail offering following its acquisition of Suncorp’s Asteron business and will take Asteron Retail off-sale from 1 July and trim staff ...

Life/Risk

TAL and Suncorp acquisition complete

TAL Dai-Chi Life Australia has finally finished its acquisition of Suncorp’s Australian life insurance business, announcing this afternoon that the process was complete....