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Showing 121 - 130 of 2209 results for "Insurer"

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... to a significant surge in claims, particularly for mental health and musculoskeletal conditions. According to the life insurer, there was a 166% increase in retail TPD claims for musculoskeletal conditions between 2018 and 2023. The increase in mental ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

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 ...