Retail insurance channel sees growth

22-Dec-2017

The retail risk insurance sector went from strength to strength in the 12 months to September 2017, rebounding from three years of declining sales to record $1.4 billion of lump sum new business, according to new dat.. Read More

FSC releases final APL standard

22-Dec-2017

The Financial Services Council (FSC) has finalised its standard for life insurance approved product lists (APLs) and says the amended standard will go further than previous drafts. The FSC announced yesterday th.. Read More

Insurance in super code of practice released

19-Dec-2017

The Insurance in Super Working Group (ISWG) has released its draft code of practice for life insurance held within superannuation. In a statement, the ISWG said the voluntary code would represent “a strong.. Read More

Zurich buys ANZ life business

13-Dec-2017

Zurich has purchased ANZ’s OnePath life insurance business for $2.85 billion as the global life insurer looks to rapidly expand its presence in the “mature Asia-Pacific” market and broaden its bank .. Read More

Australians unsure about group insurance

12-Dec-2017

The majority of Australians were unsure of the extent of insurance coverage they had inside superannuation, meaning life insurers must do more to help consumers understand and adjust their group insurance coverage if.. Read More

FSC says medical data framework needed

11-Dec-2017

Life insurers and doctors must work together to come up with a standard framework around the use of a policyholder’s medical information, as discrepancies between the ways general practitioners and insurance co.. Read More

Opinion - Education fears real and justified

11-Dec-2017

As 2017 draws to a close we are running headlong into a new adviser education environment, something that is striking fear into the hearts of many risk-focused financial advisers. And with good reason. Central .. Read More

AIA adviser distribution head to depart

08-Dec-2017

Life insurer AIA Australia’s head of independent financial adviser (IFA) distribution will depart his role for a more senior position at the group’s head office in Hong Kong. In a statement, AIA conf.. Read More

TAL launches cancer intervention initiative

05-Dec-2017

Life insurer TAL has launched a free early intervention initiative for consumers at risk of skin cancer in a bid to reduce the incidence of the disease, which is responsible for a significant proportion of the life i.. Read More