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Life insurance coverage on the rise despite sticky knowledge gap

Life insurance coverage on the rise despite sticky knowledge gap

New research from NobleOak has confirmed the number of Australians with life insurance has risen despite a concerning knowledge gap.
Zurich hit with $37,560 ASIC penalty

Zurich hit with $37,560 ASIC penalty

Major insurer Zurich has been hit with two ASIC infringement notices totalling $37,560 over its handling of trauma claims.
‘Pure-play’ ClearView values IFA distribution

‘Pure-play’ ClearView values IFA distribution

Life insurer ClearView has sold its advice business and exited wealth but continues to focus on IFAs as a distribution cornerstone.
annuities

MetLife urges for strategy “rethink” to achieve comfort in retirement

Yasmine Raso 22 May 2025 No Comments

MetLife Australia has called for a “rethink” of retirement planning strategies, as surging costs see confidence in savings plummet.

Dexx&r Dec2024

Gutting of life/risk advice again hits premium sales

Mike Taylor 7 May 2025 13 Comments

The exodus of life/risk advisers has continued to weigh on the life insurance sales with new premiums down 18.5%, according to Dexx&r.

Figures avoid potholes

Playing policy holey moley and losing

Col Fullagar 28 April 2025 No Comments

Life/risk claims expert, Col Fullagar, analyses a recent court case involving a TPD claim and concludes intransigence delivers no winners.

Ripped paper with Life Insurance written on it

APRA life/risk data short on death benefit detail

Mike Taylor 16 April 2025 3 Comments

The latest APRA data covering life insurance claims has not named or shamed the super funds who have fallen short on death benefits.

Hand pushes white chess piece

A not so fairytale of two life insurers

Col Fullagar 14 April 2025 No Comments

Financial Newswire’s life/risk expert, Col Fullagar tells the tale of how Princess Partial bested the evil CEO, King Ka Ching on TPD.

ASIC website browser image

ASIC sues Hollard over claims handling failure

Mike Taylor 11 April 2025 One Comment

ASIC is continuing its crack-down on insurance claims handling, this time initiating action against general insurer, Hollard.

TAL takes 15.1% of Challenger

Mike Taylor 7 April 2025 2 Comments

Major life insurer TAL, owned by Dai Ichi Life, has taken a 15.1% stake in Challenger in a move seen as lifting its annuities reach.


INDUSTRY NEWS

Retirees need to dial down risk and focus on income

Financial Newswire Contributor 26 May 2025

Industry News

No Comments

For investors nearing retirement this intense market volatility couldn’t be more poorly timed. A big loss now could leave them lacking later in life.

Take life on with Acenda, the new face of MLC Life Insurance.  

Financial Newswire Contributor 19 May 2025

Industry News

No Comments

For over 130 years, MLC Life Insurance has helped Australians protect their futures and the futures of those they love. Now, as Acenda…

Duration’s comeback: A better friend for income and credit

Financial Newswire Contributor 8 April 2025

Industry News

No Comments

We think it is time for income and credit investors to accept duration back into the friend circle…

Trade, tariffs, and the market response

Financial Newswire Contributor 21 April 2025

Industry News

No Comments

Global markets have been rattled following proposed tariff implementations. Fidelity experts weigh in across asset classes and lay out their thinking


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Integrity, ethics, honesty, respect

Claims management bullying – Part 2

Col Fullagar | 7 April 2025Bullying comes in all shapes and sizes and can be particularly insidious when people make life/risk claims, as Col Fullagar explains.
Gloved hands genetic testing

10% of insurance inside super underwritten

Mike Taylor | 25 March 2025Major superannuation fund organisation, ASFA, has confirmed the degree to which insurance inside super avoids adverse genetic testing.
Hourglass

Claims management bullying – Part 1

Col Fullagar | 24 March 2025Life/risk columnist, Col Fullagar, laments that 12 years after he wrote a damning assessment of claims handling, too little has changed.
Ripped paper with Life Insurance written on it

Insurance inside super under threat – Mercer

Mike Taylor | 21 March 2025The impact of governance policies have contributed to placing insurance inside superannuation under threat, according to Mercer.
Gloved hands genetic testing

Will group life trump adverse genetic testing?

Mike Taylor | 20 March 2025Amid the debate over genetic testing, the FAAA has pointed out that those with negative outcomes can still access group cover via super.
Smelly dog

The farting dog

Col Fullagar | 17 March 2025Some smelly situations can arise when advisers seek to place their own interpretations on policy terms and conditions says Col Fullagar.
Piggy bank with Australian bank notes

Super offers life insurance protections for further 6m Aussies: ASFA

Yasmine Raso | 5 March 2025New research from ASFA found insurance inside super provides "critical protection" for six million Australians who would otherwise be uninsured.
Stockspot Super launches

Health insurance a dispensable expense as pressures mount

Yasmine Raso | 4 March 2025New research from Finder has found a growing number of Australians are preparing to cancel their health insurance policies.