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life/risk
Insurance
Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...
Insurance
The Royal Commission has heard that Allianz is checking past compliance issues to see if they should have been reported to a regulator, in addition to its approximately 1...
Insurance
The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....
Insurance
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...
Insurance
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...
Insurance
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...
Insurance
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...
Insurance
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...
People and Products
OnePath has extended support for retail clients making a mental health claim through their total and permanent disability insurance. ...
Insurance
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...
People and Products
MetLife Australia has launched a digital life insurance claims platform, making it easier for members to lodge and track claims....
Insurance
TAL has announced that it will waive insurance premiums for drought affected farmers in New South Wales and Queensland, effective from 1 September, 2018....
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 ...