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

Search Results

Showing 21 - 30 of 49 results for "Council of Australian Life Insurers"

Annual ReCALIbrate recipients named

ANGELIQUE MINAS  |  WEDNESDAY, 8 OCT 2025
The 2025 recipients of the Council of Australian Life Insurers' (CALI) third annual ReCALIbrate program have been announced. The five beneficiaries are Whitsunday Wealth financial adviser Zoe Kennedy, Parachute Cover life insurance specialist Natalie ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... meaningful protection that gives Australians the confidence to take life on." Recent data from the Council of Australian Life Insurers highlighted that mental illness payouts have ballooned to over $2.2 billion in the past year, positioning mental health ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... hindering people with mental health conditions from securing life insurance. It comes after the Council of Australian Life Insurers signalled a review of the Life Code, commencing on October 1, following the increase in payouts for mental illness. The ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
The Council of Australian Life Insurers (CALI) has appointed Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards life insurers ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
... young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between the age of 18 and 34 are considering life insurance due to change in financial circumstances ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said mental health is now the leading cause of total and permanent disability (TPD) claims, making up almost ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... funds, insurers, administrators and other industry associations the Super Members Council, the Council of Australian Life Insurers and the Financial Services Council. Former chair of the Superannuation Complaints Tribunal Jocelyn Furlan chaired the broad ...

Regulators note advances in life insurers' practices

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
... stability." However, all life companies have now adopted the new premium labels developed by the Council of Australian Life Insurers - 'variable premium' replaces 'level premium' and 'variable age-stepped premium' replaces 'stepped premium'. "These new ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... importantly, it will provide more Australians with financial confidence in retirement." The Council of Australian Life Insurers (CALI) chief executive Christine Cupitt commented that with Australians living longer, they are spending more time in retirement ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
The Council of Australian Life Insurers (CALI) released new best practice guidance on family and domestic violence that sets new benchmarks for life insurers to better understand and engage with victim-survivors. The detailed framework will help Australian ...