While the new design and distribution obligations for retail insurance products will impact insurers more, sellers of retail insurance products will still see some new re...

The standardisation of group insurance terms and conditions could help achieve some of the Banking Royal Commission’s recommendations, a leading insurance law firm has sa...

Shifting community standards and expectations are driving eight new trends in life insurance which may cost policyholders over $1 billion, according to a new report....

Urgent reform is needed to prevent insurers unfairly denying claims, according to the Australian Lawyers Alliance. ...

Plaintiff law firm, Maurice Blackburn has labelled the Financial Services Council’s failed bid to have life/risk insurers allowed involvement in worker rehabilitation as ...

AIA Australia and New Zealand has called for reforms to life insurance legislation to allow insurers to fund early intervention and treatment for mental health conditions...

A senior parliamentarian has quizzed the Australian Securities and Investments Commission on whether insurers have simply converted the payment of shelf space fees to ‘tr...

The Australian Securities and Investments Commission deputy chairman, Peter Kell has accused insurers, advisers and others in the life/risk industry of blame-shifting and...

The Minister for Revenue and Financial Services, Kelly O’Dwyer has directly questioned the validity of profit-sharing arrangements between insurers and major superannuati...

The Association of Financial Advisers has acknowledged passage of the LIF legislation and says it is now time for insurers, super funds and ASIC to pull their weight on r...

The Financial Planning Association says competition between life insurers themselves cannot be ignored as a contributor to consumers making policy changes....

Parliamentarians need to understand that the major life insurers, not advisers, set and control the dynamics of the life insurance industry, according to the AIOFP....

New survey data collected by Money Management reveals that advisers expect insurers to grow their direct sales — something that will lead to a decline in adviser numbers....

Insurers still involved in remuneration arrangements regarded as conflicted can expect a tough approach from ASIC....