17% decline in life/risk cover over 5 years

17% decline in life/risk cover over 5 years

Regulatory and economic conditions have been improving for life insurers but the insurance gap has not reduced.
Some life insurers under-reporting code breaches

Some life insurers under-reporting code breaches

Life insurers have been warned to report code breaches accurately amid evidence that some may be under-reporting their shortcomings.
Resolution Life acquires Suncorp’s NZ Life business

Resolution Life acquires Suncorp’s NZ Life business

The company which acquired AMP LIfe, Resolution Life, has now acquired Suncorp's NZ life insurance business, Asteron Life.
Hand with magnet attracting talent

MetLife introduces new leave benefits for employees

Yasmine Masi 3 April 2024 No Comments

After its recognition by the Diversity Council Australia, MetLife Australia has introduced a raft of new employee leave benefits.

Ripped paper with Life Insurance written on it

Women more affected when waiting for TPD insurance claims

Yasmine Masi 7 March 2024 No Comments

MLC Life Insurance has found women have less savings than men if a disability stops them from working, highlighting the flaws in TPD product design.

Old book

Insurers urged to redesign products to combat domestic violence

Yasmine Masi 6 March 2024 No Comments

A report from the CWES urged insurers to redesign their products and lobby for regulatory change to combat domestic violence in Australia.

Count GHG Private Wealth Digital Transformation

ClearView claims clear air after exiting Wealth

Mike Taylor 23 February 2024 No Comments

Life insurer ClearView has claimed vindication of its exit from financial advice pointing to an improving bottom line.

Man astride a pendulum

OWN TO ANY – THE CLOCK HAS TOCKED

Col Fullagar 19 February 2024 4 Comments

Nearly three years after APRA intervened in the individual disability income arena the consequences are still being felt.

AIA Appointments executives CFO

AIA appoints new CFO & people chief

Patrick Buncsi 15 February 2024 No Comments

AIA Australia has appointed financial industry veterans Susan Turner and Anna Livingston to its executive leadership team

Senior Quantitative hire appointment NTAM

TAL updates Risk Academy program for 2024

Yasmine Masi 13 February 2024 No Comments

TAL has released its 2024 course program for its Risk Academy platform, offering educational services for financial planners.


INDUSTRY NEWS

Empower your super admin offering with empathy infused tech

Financial Newswire Contributor 12 April 2024

Industry News

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Empower your super admin offering with empathy infused technology solutions for better member outcomes.

Exploring the facts behind lifetime annuity myths

Financial Newswire Contributor 1 April 2024

Industry News

No Comments

Annuities have evolved and changed over the years making them quite different to what they used to be. Whilst they still pay income for life, today’s

INVESTING IN GEN AI & GLP-1: WHY 2024 WILL BE A “SHOW ME” YEAR

Financial Newswire Contributor 1 April 2024

Industry News

No Comments

Find out how Alphinity Global continues to find exciting “show me” investment opportunities across an alphabet soup of megatrends as they continue to

Active bond ETFs shine as growth slows and inflation recedes

Financial Newswire Contributor 8 February 2024

Industry News

No Comments

The macro backdrop remains constructive for fixed income. Yields typically fall after interest rates peak and historically, this has coincided with…


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Count GHG Private Wealth Digital Transformation

ClearView claims clear air after exiting Wealth

Mike Taylor | 23 February 2024Life insurer ClearView has claimed vindication of its exit from financial advice pointing to an improving bottom line.
Man astride a pendulum

OWN TO ANY – THE CLOCK HAS TOCKED

Col Fullagar | 19 February 2024Nearly three years after APRA intervened in the individual disability income arena the consequences are still being felt.
AIA Appointments executives CFO

AIA appoints new CFO & people chief

Patrick Buncsi | 15 February 2024AIA Australia has appointed financial industry veterans Susan Turner and Anna Livingston to its executive leadership team
Senior Quantitative hire appointment NTAM

TAL updates Risk Academy program for 2024

Yasmine Masi | 13 February 2024TAL has released its 2024 course program for its Risk Academy platform, offering educational services for financial planners.
Gloved hands genetic testing

FAAA backs life insurer self-regulation on genetic testing

Mike Taylor | 8 February 2024The FAAA has backed life insurers being able to self-regulate on genetic testing albeit subject to three-year regulatory reviews.
Life insurance cost of living crunch NobleOak

Aussies opt to keep life policies despite cost of living crunch: Survey

Patrick Buncsi | 7 February 2024More than 40% of Australians are worried about their current finances, with particular concern that their families would struggle without their income
genetic testing

Life insurance access key in genetic testing debate

Yasmine Masi | 1 February 2024The Actuaries Institute signalled its support for federal legislation to regulate genetic testing related to fair access to life insurance.
Keyboard with finger pressing red Market Dominance button

AMP mandate reinforces TAL’s dominance

Mike Taylor | 23 January 2024TAL's market share dominance has been reinforced by the company winning the AMP Superannuation mandate.