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

Search Results

Showing 81 - 90 of 1239 results for "Insurers"

AMP platform flows jump 61.6%

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025
... our innovative retirement income solution, AMP Lifetime Super. " It also provided an update on its proceedings against insurers for historical remediation programs. It had already received $44 million in September and has now reached an agreement to ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

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 ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... industry as a whole. "The insurance claims process is a complex one involving multiple parties, including the trustee, insurers and ourselves," Bhatia told the committee. "The issues highlighted recently are sector-wide and will require all stakeholders ...

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 ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... like a natural and logical fit. Banks have all but ditched wealth management and are unlikely to come back to it. Life insurers on the other hand seem so siloed and don't have the touchpoints super funds have with members. The current assumption ...

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 ...