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Showing 1 - 10 of 1218 results for "Insurers"

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... including through insurer data, to support informed decisions. The intent was welcomed by the Council of Australian Life Insurers (CALI), where chief executive Christine Cupitt said the new expectations were a strong message to signify protection and ...

Aware hikes fees for former TelstraSuper members

ELIZA BAVIN  |  TUESDAY, 14 JUL 2026
... super and insurance industries that are impacting the cost of insurance." Recent data from the Council of Australian Life Insurers (CALI) showed mental health claims now account for one in three claims paid and these claims for people in their 30s have ...

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 ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and insurers, APRA defined geopolitical risks as "the potential for adverse impacts on the financial system from international tension ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The prudential regulator is lifting the governance bar for superannuation funds and insurers with proposed changes to CPS 510, launching a consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft ...

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 ...

Treasury releases adverse genetic test results ban draft regulation

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
... information, consistent with the policy intent. This provides certainty and clarity for consumers, health practitioners and insurers, and supports consistent application of the ban," the statement said. The legislation passed both houses of parliament ...

M&G new hire to bolster Australian insto ties

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
... strengthening M&G's relationships across Australian institutional investors, including official institutions, super funds and insurers. He joins the asset manager from TWC Invest, where he was co-founder and partner, focused on capital raising and distribution ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... Measures) Bill 2025 passed both houses of parliament on April 1. The ban comes into force from October 8. The new law bans insurers from using genetic information such as DNA tests when deciding whether to offer life insurance cover. This includes considering ...

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 ...
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