Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 1239 results for "Insurers"

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... role in driving profitability, as did investment service activity of $613 million. Compared to the last quarter, life insurers reported solid growth in revenue and profit. They also boasted stellar performance compared to the end of 2023 when they collectively ...

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 ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
... members in the years ahead," Blakey said. "We also want to recognise the high-quality proposals received from a range of insurers as part of our tender process and would like to thank them for their strong interest and their time and effort in submitting ...

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
... upholding a robust prudential framework and exercising active supervision, giving confidence to policyholders that their insurers can fulfil their obligations. "APRA will continue to take suitable action if insurers fail to meet its expectations." In ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... a new housing resilience rating system should be complemented by supporting material so that households, builders and insurers can easily identify upgrades that would improve a property's resilience. "People's experience of climate change will depend ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
The Council of Australian Life Insurers (CALI) has appointed Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards life insurers ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
... young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between the age of 18 and 34 are considering life insurance due to change in financial circumstances ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
More Australians are leaving work permanently due to mental ill health than ever before with insurers paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... said it led detailed collaboration and consultation with the superannuation sector on the new standard, involving funds, insurers, administrators and other industry associations the Super Members Council, the Council of Australian Life Insurers and the ...