Disability income product clients are choosing to hang on to existing policies at a higher rate than previously, according to DEXX&R....

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?...

While investment market performance boosted the industry’s financial performance to $1 billion in FY21, individual disability income insurance continued to report losses....

New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...

While individual disability income insurance products recorded a loss of $0.3 billion over the year to end March, 2021, this was a $1.1 billion improvement on last year’s...

The Australian Prudential Regulation Authority has used its 2020 Year in Review to point to the profitability struggles of the life insurance industry....

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...