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ALLY SELBY  |  MONDAY, 28 SEP 2020   11:48AM
New research from actuary Plan For Life has found that overall group risk premium inflows fell 15% over the 12 months to June, with fresh legislation to blame.
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More clarity on life insurance best interest duty needed: Research
ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
An Actuaries Institute Taskforce has made sweeping recommendations for broad changes to Australia's retail disability income insurance market, including providing examples of Best Interest Duty in life insurance.
Australian Ethical rejigs insurance
ANNABELLE DICKSON  |  TUESDAY, 15 SEP 2020
Australian Ethical has made a raft of changes to the terms and conditions in its superannuation insurance offering.
MS sufferer fights CommInsure definition
ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
A woman who has multiple sclerosis (MS) is fighting to have CommInsure recognise her condition, calling into question the various definitions life insurers use.
Front loaded discounts lead to worse outcomes
ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
Front loaded discounts in the retail life insurance market reel in clients but are found to be more costly over the long term and leads to lapses in policies, according to Rice Warner.
Wealthy Aussies panic buy life insurance
ANNABELLE DICKSON  |  MONDAY, 17 AUG 2020
High net worth investors have resorted to panic buying life insurance products as a result of the COVID-19 pandemic despite low trust in the providers, according to the latest research from GlobalData.
Law firm slams insurer mental health policies
ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs.
Tough year at Challenger
KANIKA SOOD  |  TUESDAY, 11 AUG 2020
Challenger this morning reported $416 million in statutory net loss for FY20, as its investments fell by $750 million during the COVID-19 pandemic.
Maurice Blackburn slams FSC
ALLY SELBY  |  MONDAY, 10 AUG 2020
Law firm Maurice Blackburn has slammed the Financial Services Council over its renewed campaign to allow insurers to call the shots on medical claims.
Life insurance at tipping point: Industry leaders
ALLY SELBY  |  FRIDAY, 31 JUL 2020
Life insurance leaders have pushed for immediate and authentic change, lest current legacy business models and products hinder the growth and sustainability of the industry.
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