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Showing 1 - 10 of 245 results for "Mental Health"

AIA Australia reveals stark gender divide in IP claims

KARREN VERGARA  |  TUESDAY, 18 AUG 2026
... old on average, dominated income protection claims at 62%. AIA found women experience a significant impact from mental health and physical health conditions during their peak employment years. "This highlights the importance of early mental health support ...

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA  |  MONDAY, 17 AUG 2026
Australia is in the grips of an unprecedented mental health crisis. It joins a league of other, what anthropologist Joseph Henrich coins as "Western, Educated, Industrialised, Rich and Democratic" or "WEIRD" countries, grappling with the perfect storm ...

Life CCC unveils FY27 priorities

MATTHEW WAI  |  MONDAY, 10 AUG 2026
... committee said. Additionally, in relation to other ongoing priorities, including claims handling delays inquiry and mental health cover, the Life CCC said it will finalise its inquiry into claims handling delays this financial year and will continue ...

Aware hikes fees for former TelstraSuper members

ELIZA BAVIN  |  TUESDAY, 14 JUL 2026
... 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 risen by more than 700% over ...

Future Generation returns top 20%

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
... $100 million to charitable organisations since inception, supporting programs focused on vulnerable children, youth mental health and improving economic outcomes for women.

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
... Life Insurance Code of Practice (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review, initiated by the Council of Australian Life Insurers ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
... Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries Summit 2026, Magill called this a structural shift with TPD being asked to solve an ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... agreed on deteriorating claims experience across group and retail markets, the rising incidence and complexity of mental health-related claims and consumers forced to pay higher premiums as a result. They agreed industry action is most needed in the ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
... Commonwealth Super Corporation have all increased their premiums, some by more than 40%, in response to a surge in mental health claims.

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... is facing significant strain, with a sharp rise in people unable to work due to illness or injury, particularly mental health conditions. New research commissioned by the Council of Australian Life Insurers (CALI) and prepared by SuperFriend demonstrates ...
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