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Showing 1 - 10 of 44 results for "Council of Australian Life Insurers"

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
... customer vulnerability, claims handling, and sales practices. The review, initiated by the Council of Australian Life Insurers (CALI), commenced in October 2025, was spearheaded by former ASIC deputy chair Peter Kell. Explaining the findings of the report ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
The Council of Australian Life Insurers (CALI) said it will argue a strong case for exemption for life insurance lead generation to not be swept up into a blanket ban designed to address misconduct in other parts of the financial system. The government ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... also said the government should share CSLR funding responsibility, a suggestion echoed by the Council of Australian Life Insurers. "It is unreasonable to expect that the cost should fall solely on compliant participants or targeted groups of consumers ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... chief executives, which had representatives from 19 insurers and reinsurers, Treasury and the Council of Australian Life Insurers (CALI), discussed several issues facing TPD insurance. Participants overwhelmingly agreed on deteriorating claims experience ...

CALI calls for government to help fund CSLR

MATTHEW WAI  |  WEDNESDAY, 20 MAY 2026
The Council of Australian Life Insurers (CALI) is calling on the government to help fund the burgeoning Compensation Scheme of Last Resort (CSLR) to stop putting "undue" pressure on Australia's risk advisers. The government has announced the shared ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... illness or injury, particularly mental health conditions. New research commissioned by the Council of Australian Life Insurers (CALI) and prepared by SuperFriend demonstrates around 8.5 million Australians accessed some form of income support in the ...

TPD and disability claims behind 88% of life insurance disputes

RIDDHIMA TALWANI  |  THURSDAY, 30 APR 2026
... advised individuals disputing 934 of the claims. A study released in July last year by the Council of Australian Life Insurers (CALI) found mental health was the leading cause of TPD claims, making up almost one in three claims paid. The $2.2 billion ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
... which kicked off on 1 October 2025. In response, he received 14 submissions in total. The Council of Australian Life Insurers (CALI) chief executive Christine Cupitt commented the independent review is an important part of the industry's promise ...

Genetic testing laws pass parliament

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... use of predictive genetic test results when assessing a person's application for cover. The Council of Australian Life Insurers (CALI) said it has long supported the responsible use of genetic test results to empower people to better manage their health ...

CALI pushes for advice reforms as Australians turn to AI

RIDDHIMA TALWANI  |  TUESDAY, 17 MAR 2026
... insurance advice, underscoring the need for the government to deliver on its advice reforms, the Council of Australian Life Insurers (CALI) said. Research by CALI found three in five Australians trust financial advice received from AI-powered programs ...
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