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Showing 121 - 130 of 219 results for "Life Insurance Industry"

Online Aussie consumer giant enters life insurance market

ALEX BURKE  |  THURSDAY, 25 JAN 2018
One of Australia's leading online consumer brands is entering the life insurance industry via a distribution partnership. Under the agreement with life insurance distributor Greenstone Financial Services, Kogan.com (Kogan) will offer life insurance ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... websites. FSC chief executive Sally Loane said: "The Life Insurance Code of Practice demonstrates the life insurance industry's commitment to improving standards and strengthening consumer protections. This document is a clear declaration of the level ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
... APRA-authorised life insurers stood at 29, and granted only one new life insurance licence over the period. The life insurance industry remains highly concentrated, with the top five life insurers accounting for 81% of gross industry assets, APRA said. ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... genetic testing and rising public interest in ancestral lineage and health could threaten Australia's life insurance industry, according to the Actuaries Institute. The latest paper from the industry body suggests that even a slight increase in the number ...

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... $1.9 billion. The report, which analyses the sale and inflows of life insurance risk premiums, said the life insurance industry continued to grow albeit now at a much more modest pace than in the past. All life insurers reported increases in inflows ...

Lack of expertise driving down competition: APRA

ALEX BURKE  |  MONDAY, 18 SEP 2017
... that were expected of such financial activities," APRA said. The situation was broadly similar in the life insurance industry, where the five largest insurers account for over 80% of gross industry assets as at June 2017. "This level of concentration ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
Operational complexities are holding life companies back from improving and modernising the life insurance industry, and leaving customers very confused as to exactly what they are insured for, a public hearing found. TAL group chief executive and managing ...

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... illness, such as cancer and stroke. Clark said: "We look forward to continuing to work with the FSC, other life insurance industry members and superannuation fund trustees on the next iteration of the code to continue driving improvements in our industry ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
... websites. FSC chief executive Sally Loane said: "The Life Insurance Code of Practice demonstrates the life insurance industry's commitment to improving standards and strengthening consumer protections. This document is a clear declaration of the level ...

APRA and ASIC launch insurance claims pilot

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... jointly launched the pilot phase of an initiative to raise standards of public claims reporting in the life insurance industry. The goal of the initiative, initially mooted in ASIC's REP 498 report in October 2016, is for the two regulators to collect ...