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...

Data needs to be collected on the fees paid to lawyers on group life insurance claims, according to the Association of Financial Advisers....

The Australian Securities and Investments Commission’s Federal Court case against major insurer, TAL, will test the circumstances and extent to which life insurers can ga...

New sales of individual life risk have reached their lowest value over the last five years, falling 11 per cent from $1.3 billion to $1.1 billion over the 12 months to Ma...

There’s a new kid on the block in retail insurance, with Integrity Life yesterday launching into the market, with a key selling point being its lack of legacy constraints...

Life risk industry veteran, Michael Molesworth, has warned that underwriters and claims assessors need to be subject to more stringent education requirements or risk comm...

Within two months of the Banking Royal Commission’s insurance hearings decimating Freedom Insurance, its chief executive, Craig Orton, has announced he will step down for...

The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....

The Australian Securities and Investments Commission has signalled it will not be pressing to ban life/risk commissions at least until after it has reviewed the effective...

MetLife has secured the insurance mandate of Tasplan, following a tender process which will see the insurer deliver group life offerings to the fund’s 145,000 members....

Zurich has adopted UnderwriteMe’s Underwriting Rules Engine as it undergoes an overhaul and rebrand of its adviser-facing portal. ...

The Royal Commission has been urged to hold the board members of ClearView to account for breaches of directors’ duties relating to the activities of its direct life/risk...

New research has shown that retail insurance cover customers could be “seriously damaging” their wealth through inappropriate indexation of premium costs....

Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...