Westpac books $1.37b loss on sale of Westpac Life
Westpac will book a total after tax loss of $1.37 billion on the sale of its life insurance business to TAL.
Life/risk expert Col Fullagar acknowledges the challenges facing financial advisers in recommending new IDII products to their clients.
Super stapling undermining insurance cover
The Government needs to review superannuation fund stapling because it risks imposing further disadvantage on women and other vulnerable groups.
MLC Life Insurance has announced the appointment of Jane McGovern as its new chief risk officer.
Resolution Life Australasia has completed of the acquisition of AMP Ltd’s remaining 19.13% equity interest in Resolution Life Australasia.
Data reinforces life/risk policy failures
The life/risk insurance data for the March quarter has reinforced the degree to which policy and regulatory changes have fallen short of objectives.
With the future of the LIF on the line will the new CALI succeed in having the voice of life insurers heard in Canberra?
The exit of the major life insurers leaves the Financial Services Council with a significant decline in membership and a revenue black hole.
A new representative body for the life insurance industry has been formed to take the reins from the FSC.
Resolution Life Australasia has appointed Paul Tarlinton and Graeme Edwards to senior leadership roles in the region.
