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Showing 41 - 50 of 2324 results for "life insurance"

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 ...

Zurich Financial Services to acquire ClearView

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... expert's review. ClearView chair Geoff Black said: "We believe Zurich and ClearView are highly complementary brands in life insurance and that, if the scheme is implemented, Zurich will be a great custodian to continue delivering ClearView's ...

Acenda announces two C-suite appointments

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
... across the insurance industry and joined MLC Life in September 2024. He has previously served as group executive of life insurance at ClearView Wealth, where he led the life insurance business for three years. Kerr also held senior leadership roles at ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... Commonwealth Financial Planning (CFP), Financial Wisdom Limited (FWL) and CMLA. The claim related to certain CMLA life insurance policies recommended to clients by financial advisers. The action alleged CFP and FWL or their financial advisers breached ...

Allianz Retire+ updates AGILE, slashes fees

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... and managing director, to concentrate on farming. Stewart was also a non-executive director at Allianz Australia Life Insurance.

Genetic testing ban may drive up insurance cost, premiums: FAAA

KARREN VERGARA  |  WEDNESDAY, 28 JAN 2026
... the proposal to ban life insurers' use of genetic testing results will have an adverse impact on the cost of life insurance and premiums for all Australians. In a submission, the association highlighted the potential "material impact on life insurance ...