New data suggests that the group life market has finally stabilised after three years of premium repricing....
The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....
The Royal Commission has heard that a CommInsure customer was denied a claim following breast cancer treatment, despite two doctors confirming to the insurer that her pro...
The Royal Commission has heard that CommInsure ran misleading and deceptive ads, with Commissioner Kenneth Hayne QC suggesting that its reprimand for doing so by ASIC was...
In a hearing littered by admissions of wrongdoing by Clearview, the Royal Commission has heard the insurer’s chief and risk officer, Gregory Martin, detail how the firm b...
The Royal Commission has heard of the issues which gave rise to ClearView closing its Direct business including ‘random incentive days’ and trips to Queenstown, New Zeala...
The Royal Commission has pointed to flaws and inconsistencies in the regulatory environment around life insurance, including that there is no penalty capable of being imp...
TAL’s agreement with Suncorp to acquire the latter’s Australian life insurance business is binding as of today, subject to regulatory approvals in Australia and Japan and...
First Super has declared that “small is beautiful”, as its growth option’s annual returns for the last financial year outperformed those of some funds that are 50 times i...
TAL has announced that it will waive insurance premiums for drought affected farmers in New South Wales and Queensland, effective from 1 September, 2018....
Colonial First State retained CommInsure as its group insurer despite it performing poorly against a number of industry benchmarks but that may change following the sale ...
New research from Roy Morgan has shown only 6.1 per cent of risk and life insurance policy holders looking to switch providers are doing so upon the advice of a broker or...
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 ...