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Showing 11 - 20 of 2299 results for "Life insurance"

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 ...

Strategic simplification lifts ClearView's profits

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... "disciplined strategic simplification and transformation" as the driver of the growth. Underlying NPAT for the life insurance business was up 59% at a margin of 11.2% (up 3.2%) to $24.1 million. Gross premium revenue was $215.6 million, a 13% increase ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... demand for our service, and with a new Banking Code now in force, and major reforms underway across general and life insurance, this is a pivotal moment for the financial services sector to lift standards and deliver more consistent, accessible and customer-focused ...