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Showing 201 - 210 of 2302 results for "Life Insurance"

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and over currently own about 40% of insurers' assets under management. For the top ...

AIA restructures retail insurance unit

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
... company said it also aims to leverage the increasing demand for high-quality life, health, and wellbeing guidance. Life insurance profits in Australia have surged to $1.2 billion, doubling in the year to June 30, primarily due to growth in superannuation ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
Life insurance profits in Australia have soared to $1.2 billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23 ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... an investment option within HUB24 Invest or HUB24 Super before the end of the year, he said. Allianz Australia Life Insurance chief executive Adrian Stewart said, "for the first time ever advisers will have access to a guaranteed income for life which ...

ReCALIbrate grant winners announced

CHLOE WALKER  |  MONDAY, 9 OCT 2023
... Association Australia (FAAA) Congress in Adelaide. Each ReCALIbrate recipient will also be paired with a senior female life insurance industry leader and can have two in-person or virtual meetings. The purpose of these meetings will be to provide a forum ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... retirement. Taking on the self-professed responsibility to solve the retirement income dilemma, Allianz Australia Life Insurance chief executive Adrian Stewart said the insurer is revolutionising perceptions about retirement solutions and its implementation ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
The life insurance industry climbed 4% to $18.4 billion in the year to June 2023 despite the number of risk advisers fleeing the industry. The latest data from Plan For Life shows that TAL continues to hold the lion's share of the group insurance and ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
From tomorrow, the responsibility for the Life Insurance Code of Practice (Life Code) will transition from the Financial Services Council (FSC) to the Council of Australian Life Insurers (CALI). Launched last year, CALI is the brainchild of a collective ...

TAL offers super funds financial literacy tools for employers

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... finances control their life; 39% know very little about insurance inside super; 45% couldn't calculate how much life insurance cover they'd need; and 39% don't know how to modify their cover. Of those surveyed, 86% work in white collar industries.

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
MLC Life Insurance has introduced several discount changes that can save new and existing retail customers up to 50% across various products. For financial advisers and new clients, MLC Life has applied a range of discounts across different products ...