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Showing 81 - 90 of 206 results for "Life Insurance Industry"

FSC to enact binding standard on genetic testing

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The life insurance industry is pushing ahead with the rollout of new rules on genetic testing despite a delay. There had been plans to launch a new Life Insurance Code of Practice from July 1, but during the feedback period the Financial Services Council ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... Royal Commission's impacts have not yet made their way into the figures. "Market reporting on the life insurance industry shows that trends over the last five years have continued, with overall life insurance premium inflows down 9% but overall risk ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... Hanrahan said the final report's life insurance recommendations were significant. "Since, 2001 the life insurance industry has special arrangements, so things like not treating claims handling as a financial service and funeral insurance not being ...

Synchron renews calls on risk advice separation

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... life insurers recognise just how vital risk advisers are to clients, to the ongoing sustainability of the life insurance industry and to Australia and so we are encouraging them to join us in our call for the separation of risk advice from financial ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... grounds. The sixth round of the Royal Commission in September 2018 exposed significant issues with the life insurance industry that are now in the process of being covered by the code. This included the coercive sale of funeral insurance and direct life ...

NEOS Life expands to the west coast

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... joined from AIA Australia where he was a senior business development manager. Botha's experience in the life insurance industry includes working as a financial adviser and business development manager. John Griffiths will work closely with Botha ...

MLC Life welcomes board member

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
... backing and significant investment of Nippon Life means the insurer is committed to "leading Australia's life insurance industry in technology and innovation in order to deliver a great experience for our customers while being responsive to their changing ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
... Australian consumers with the interests of the genetics research community and the sustainability of the life insurance industry." The survey found only a small minority of people were prepared to pay a little extra to subsidise others, with $5 the amount ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... by the AFCA-administered independent body called Life Code Compliance Committee. "Every aspect of the life insurance industry is under the microscope following the poor behaviour brought to light during the Royal Commission," she said. "We owe it to ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... sooner," FSC chief executive Sally Loane said. The PJC has instead focused on "cultural issues within the life insurance industry" rather than considering consumers who need help, Loane added. As a solution, the committee recommended that ASIC undertake ...