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Showing 1 - 10 of 107 results for "Australian Life"

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... lower the premium, increase the excess, or do both." APRA and ASIC are now engaging separately with the Council of Australian Life Insurers (CALI) to determine what steps can be taken at an industry level to improve disclosure, including accurate premium ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
New research commissioned by the Council of Australian Life Insurers (CALI) shows the number of people receiving professional life insurance advice remains low, despite a third showing interest. The survey polled over 1000 Australian workers aged between ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... testing results to continue to be governed by the Life Insurance Code of Practice, now overseen by the Council of Australian Life Insurers (CALI), and the Disability Discrimination Act 1992. If there were government intervention, the consultation also ...

ReCALIbrate grant winners announced

CHLOE WALKER  |  MONDAY, 9 OCT 2023
Five female advisers have received $2000 each from the Council of Australian Life Insurers (CALI) as it looks to boost the number of women in risk advice. The inaugural ReCALIbrate recipients include Zurich Assure financial adviser Kristen Genter, Platinum ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... Insurance Code of Practice (Life Code) will transition from the Financial Services Council (FSC) to the Council of Australian Life Insurers (CALI). Launched last year, CALI is the brainchild of a collective of life insurers who believe the sector should ...

Project to tackle dwindling number of risk advisers

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
... relationships, and provides critical protection when it's most needed." Earlier in the month, The Council of Australian Life Insurers (CALI) also launched a program which aims to entice more women into the life insurance industry. The industry body ...

CALI launches scholarship to boost female risk advisers

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
The Council of Australian Life Insurers (CALI) has launched a program that aims to entice more women into the life insurance industry. The industry body said its inaugural ReCALIbrate program will provide $2000 in grants to support the attendance of ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... who have supported us." "This is not the news we'd hoped to share however the significant challenges of the Australian life market coupled with the realities of growing a business from the ground up mean that it is necessary. It is vitally important ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... defaults and performance testing," he said. In the case where a consumer does not engage an adviser, the Council of Australian Life Insurers (CALI) wants to see life insurers allowed to provide limited life insurance advice. "This should only happen ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... Australia and abroad, and author of several books. In 1997, Harrison was tasked with reinventing Zurich's Australian life insurance business; it is now the third-largest life insurer in Australia, according to Plan for Life data. Most recently, Harrison ...
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