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Showing 91 - 100 of 2176 results for "Insurer"

Young people want more from their life insurance: Research

RIDDHIMA TALWANI  |  TUESDAY, 16 SEP 2025
Young consumers are overlooking life insurance as delayed traditional milestones make it feel less relevant, according to a report by Capgemini Research Institute and LIMRA. The World Life Insurance Report 2026, based on a survey of 6000 people aged ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
The Life Insurance Code Compliance Committee (Life CCC) has found many insurers are still using blanket mental health exclusions despite being required to assess customers' individual circumstances. Releasing its report on life insurers' compliance ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
In addition to "worsening" cybersecurity risks, geopolitical volatility and artificial intelligence (AI) are creating "unacceptable prudential risks" for APRA. APRA member Therese McCarthy Hockey said geopolitical risk has become a "risk accelerant" ...

Brighter Super to add 68k new members

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... conditions that are currently in place and will continue to be administered by Zurich, which is also Brighter Super's group insurer. Following the transfer, Brighter Super will have a total membership of about 348,000. Brighter Super already undertook ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
Life insurers' earnings have more than doubled to $360 million in the 2025 financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
ASIC is warning life insurers to do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review ...

Funds SA finalises investment team overhaul

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... and creating some new ones. The organisation, which manages the investments of 13 different super fund, endowment and insurer clients including Super SA, undertook a major operational review late last year with "the final piece of the puzzle" being a ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
HESTA it will reduce fees for insured members on their current levels of cover after re-appointing AIA Australia as its insurance partner. HESTA chief executive Debby Blakey said the renewed partnership demonstrated the fund's commitment to providing ...

Geopolitics, private credit force insurers to 'shift gears': Janus Henderson

MATTHEW WAI  |  THURSDAY, 7 AUG 2025
Due to a rapidly evolving investment landscape, Janus Henderson Investors said Australian insurers are increasingly reviewing their long-term investment strategies, emphasising dynamic risk management and changing priorities in the face of uncertainty. ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... remediation plan addressing the review's recommendations. APRA is also anticipating a board renewal plan from the life insurer. While the specific details of the findings were not disclosed, KeyInvest has since accepted the findings and taken steps ...