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

Search Results

Showing 11 - 20 of 2301 results for "Life Insurance"

NEOS, TAL honoured at Life Insurance Awards

STAFF WRITER  |  FRIDAY, 1 MAY 2026
... excellence in adviser service and product innovation. At an event in Sydney last night, NEOS took home the 2026 Life Insurance Award for Excellence in Adviser Service, presented by Financial Standard. NEOS was selected as the winner following an online ...

TPD and disability claims behind 88% of life insurance disputes

RIDDHIMA TALWANI  |  THURSDAY, 30 APR 2026
The latest data by APRA found life insurance claims for regulated funds came to 117,219 for the 12 months ending December 2025, down 1.2% from 118,605 in the previous year. Together disability income insurance (DII) and total and permanent disablement ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
The Life Insurance Code of Practice should be strengthened to reflect the growing mental health crisis, better support vulnerable customers and improve the claims-handling process. These are the key themes that emerged in the newly published Life Insurance ...

Cbus names new chief technology officer

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
... officer Mirella Robinson left the super fund in February 2024 to take on the chief technology officer role at MLC Life Insurance.

Genetic testing laws pass parliament

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
New laws that ban the ability to discriminate based on adverse predictive genetic test results in life insurance underwriting have passed parliament. Minister for financial services Daniel Mulino said Australians should not feel discouraged from undertaking ...

Potential US recession in three years: Global insurers

KARREN VERGARA  |  FRIDAY, 27 MAR 2026
... risks. The global survey of 434 chief investment officers and chief financial officers included those who work at life insurance companies. Most surveyed from the Asia Pacific (63%), however, do not expect the US to be in a recession over the medium ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... "fairer and stronger" when they were in government by getting rid of fees on low balances and abolished the mandatory life insurance uptake for those that did not need it. "As you can see, none of those reforms that were introduced by the Coalition had ...

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... years since the two pieces of legislation took effect, ASFA estimated about 5000 Australians per year died without life insurance cover, resulting in their families missing out on nearly $700 million in death benefits. Furthermore, some 11,000 individuals ...

What Australia must do to be at the forefront of financial innovation

MATTHEW WAI  |  FRIDAY, 6 MAR 2026
... supercomputing infrastructure in collaboration with several academic institutions to explore "early signal intelligence" in life insurance claims and disputes, a necessary step in using quantum capabilities safely and responsibly, Longo said. Overall ...

Life insurer sanctioned for invalid access to customer information

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for collecting customers' medical information without valid medical authority for four years. According to the committee, the unnamed insurer collected medical information ...