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Showing 61 - 70 of 1213 results for "Insurers"

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

Young people want more from their life insurance: Research

RIDDHIMA TALWANI  |  TUESDAY, 16 SEP 2025
... benefits delivered through a seamless experience rather than clunky disconnected add-ons can enable further adoption. "Life insurers must deliver early, tangible value like monetary rewards, progress tracking, and meaningful nudges to build momentum ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
The Life Insurance Code Compliance Committee (Life CCC) has found many insurers are still using blanket mental health exclusions despite being required to assess customers' individual circumstances. Releasing its report on life insurers' compliance ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... of failure within entity systems, processes and dependencies. Its efforts will first target superannuation trustees, insurers and smaller banks. "We are on record with the super system that there are some things to improve, like multi-factor authentication ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... role in driving profitability, as did investment service activity of $613 million. Compared to the last quarter, life insurers reported solid growth in revenue and profit. They also boasted stellar performance compared to the end of 2023 when they collectively ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
ASIC is warning life insurers to do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
... members in the years ahead," Blakey said. "We also want to recognise the high-quality proposals received from a range of insurers as part of our tender process and would like to thank them for their strong interest and their time and effort in submitting ...

Geopolitics, private credit force insurers to 'shift gears': Janus Henderson

MATTHEW WAI  |  THURSDAY, 7 AUG 2025
Due to a rapidly evolving investment landscape, Janus Henderson Investors said Australian insurers are increasingly reviewing their long-term investment strategies, emphasising dynamic risk management and changing priorities in the face of uncertainty. ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... upholding a robust prudential framework and exercising active supervision, giving confidence to policyholders that their insurers can fulfil their obligations. "APRA will continue to take suitable action if insurers fail to meet its expectations." In ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... a new housing resilience rating system should be complemented by supporting material so that households, builders and insurers can easily identify upgrades that would improve a property's resilience. "People's experience of climate change will depend ...