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Showing 1 - 10 of 2301 results for "Life Insurance"

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
Treasury is seeking feedback on draft regulations that ban the use of adverse genetic test results in life insurance, which come into effect on October 8. The draft regulations under Insurance Contracts Amendment (Genetic Testing Protections in Life ...

TAL appoints two new board members

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... Group and Citibank. "I am honoured to join the TAL board at such an exciting time for the business and for the life insurance industry more broadly," she said. "TAL's commitment to protecting Australians and supporting them and their families when ...

M&G new hire to bolster Australian insto ties

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
... landscape." M&G has customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... is proposing to amend its rules in preparation for recent legislative changes on genetic testing protections in life insurance. Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 passed both houses of ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... sectors, authorised deposit-taking institutions (ADI) have the lion's share of the levy of $114.6 million. Life insurance and friendly societies are allocated $19.1 million. General and private health insurance have $27.2 million and $10 million ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... challenges facing TPD insurance and put consumers' needs at the forefront. The regulators' roundtable of life insurance chief executives, which had representatives from 19 insurers and reinsurers, Treasury and the Council of Australian Life Insurers ...

ACCC approves Zurich's ClearView takeover

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... into effect". In assessing the deal, the watchdog said Zurich and ClearView overlap in Australia in the supply of life insurance products, particularly in the supply of products in the retail adviser channel. It determined "the acquisition may be put ...

Ausbil appointed co-manager for NYSE-listed fund

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... time." NYLIM is an US$807 billion active fund manager and part of the global asset management businesses of New York Life Insurance Company. NYLIM head of US retail Kirk Lehneis said: "At a time when many investors are looking beyond both the US and ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... identifies 11 separate income support streams, including employer sick leave, workers compensation, social security, life insurance, and early access to superannuation. This complexity, combined with a rising demand, is making the system increasingly ...
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