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Showing 1 - 10 of 15 results for genetic testing

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
Treasury is calling for feedback on the use of genetic testing in life insurance underwriting, citing concerns the existing moratorium is ineffective, negatively impacting medical research efforts, and a lack of compliance from insurers. The government's ...

Impact investing in healthcare: American Century

ANNABELLE DICKSON  |  TUESDAY, 25 AUG 2020
... Century, Jim Stowers, founded the Stowers Institute which is dedicated to uncovering the causes, treatments and prevention of genetic diseases like cancer. The Stowers Institute owns a controlling interest in American Century which sees around 40% of ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... economy," it said. Perhaps the most frightening and science fiction-esque prediction coming out of KPMG and ANU is a rise of genetic manipulation and brain computer interfaces over the next two decades; computer-chips implanted in our brains that will ...

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
A moratorium on genetic testing in the life insurance industry means that Australians can get up to half a million dollars of life cover without disclosing genetic tests. The Financial Services Council approved a moratorium on genetic tests in life ...

FSC to enact binding standard on genetic testing

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The life insurance industry is pushing ahead with the rollout of new rules on genetic testing despite a delay. There had been plans to launch a new Life Insurance Code of Practice from July 1, but during the feedback period the Financial Services Council ...

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
... result will no longer prevent anyone taking out life insurance, she added. According to comparison site Finder, genetic testing can have a "significant impact" on life insurance policies. "When you take out a life insurance policy, including disability ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... moratorium on genetics testing to make sure people can get up to $500,000 of life cover without having to disclose an adverse genetic test result, FSC senior policy manager Nick Kirwan said. FSC chief executive Sally Loane said the ultimate goal is for ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
Majority of life insurance companies fear the availability of genetic testing to consumers will be more disadvantageous and complex, and will have a negative impact on their business, a new survey shows. Strategic Insights' survey of retail, direct ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
... at this morning's FSC Life Insurance Conference, urging the need to respond to the rapid advancement and importance of genetic science. The FSC's standard governing the use of genetic tests by life insurers was developed in 2002 - an area the industry ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
Increased affordability of genetic testing and rising public interest in ancestral lineage and health could threaten Australia's life insurance industry, according to the Actuaries Institute. The latest paper from the industry body suggests that even ...
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