Group risk inflows have now plateaued after three years of strong growth in premium inflows, according to DEXX&R....
Low income earners, females, and young people are the groups most adversely impacted by retirement benefits erosion, according to KPMG....
The insurance in super code draft has made a down payment towards the reforms needed, Maurice Blackburn believes....
The ISWG’s draft Life Insurance in Superannuation Code of Practice requires any opt out or cessation arrangements to be straightforward and transparent. ...
CommInsure has announced the launch of a new income protection platinum product along with changes to its total and permanent disablement and trauma cover offerings....
The Insurance within Superannuation Working Group is looking to establish a cross-industry standard for profit-sharing arrangements....
The Australian Prudential Regulation Authority has confirmed the continuing dominance of the big five in the life insurance sector....
The Actuaries Institute has expressed concern that the average delay in superannuation funds and their insurers dealing with total and permanent disability claims is two ...
ASFA has found that while receiving an insurance payout is not a rare event under insurance costs the government more than $1 billion annually....
The 2017 World Insurance Report by Capgemini and Efma has touted the importance of innovation within the insurance industry....
The life insurance industry needs to change as many people are cancelling their policies due to premium shocks, Rice Warner believes....
Major insurer TAL has urged changes to the rules requiring two medical practitioners to certify terminal illness and life expectancy....
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 ...