A new survey has confirmed what most life/risk advisers already know, that clients dislike insurers which bury them in paperwork and inflict sizeable premium increases....
APRA figures have shown an 11.5 per cent year-on-year rise in the Australian life insurance industry’s net policy revenue to $17.9 billion in the September 2018 quarter....
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...
AMP Limited has pointed to an Australian Securities Exchange decision as vindicating the nature of its insurance sale transaction with Resolution Life....
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...
As the insurers scramble to navigate increasing mental health concerns, the Australian Psychological Society has called on them to “urgently” address discrimination again...
The Federal Government has been urged to drop the minimum age for automatic insurance cover inside superannuation to 21, rather than age 25....
The Association of Superannuation Funds of Australia has told the Royal Commission that if the Government wants the insurance inside superannuation code to be mandatory i...
The Australian Lawyers Alliance wants the Royal Commission to inject more transparency into insurance within superannuation to create awareness of sub-standard policy ter...
Actuarial research house Rice Warner has accused the Productivity Commission of misinterpreting its findings with respect to insurance inside superannuation....
Life insurance companies are now under a legal obligation to provide consistent data on claims and disputes to the Australian Prudential Regulation Authority and the Aust...
The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...