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| | FRIDAY, 29 MAY 2020 12:39PMAustralian life insurers posted a net loss of $1.8 billion for the year ending March, taking a significant hit from the previous year's profits of $759 million, according to APRA statistics for March quarter.|
|The life insurer and its philanthropic foundation will partner with Foodbank to provide 186,000 meals to Australians from July this year to next summer as COVID-19 increases the demand for food relief.|
|Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if people lost ...|
|One of Australia's life insurers has taken a range of measures to assist customers who have been negatively affected by the effects of COVID-19.|
|The chief executive of Catholic Super and Equipsuper has shared new data revealing a sharp increase in enquiries on life insurance and updates to death nominations for essential workers.|
|Life insurance startups saw their share of total and early-stage funding to insurtechs shrink, as total investment in the sector dropped in the March quarter.|
|Overall risk insurance market inflows declined in 2019 breaking what was a decades long history of increases, year on year they were down by 4.5%.|
|In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard.|
|Key players in Australia's life insurance sector are preparing to face a grilling by parliamentarians via videoconference next week.|
|This week's joint report from ASIC and APRA into life insurance and claims handling found superior consumer outcomes for group life insurance, leading a prolific law firm to suggest risk advisers add little to no value.|
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As COVID-19 exposes entrenched problems in society, the ability to scale social impact investments in Australia holds significant promise to drive progress towards solutions, a new report reveals.
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Despite COVID-19 restrictions easing across the country, applications for the Early Release of Super scheme have shown no sign of slowing, according to APRA's weekly data.
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Vasco Trustees and ASIC had grave concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings.
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State Street has relaunched an international equities fund for local investors looking for a climate change and ESG focused portfolio, with a new benchmark.
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