KARREN VERGARA  |  THURSDAY, 21 SEP 2017   12:39PM
Life insurers need "common sense" when designing more affordable products that are sustainable for consumers and will create sustainable businesses for financial advisers, according to a new ANZ whitepaper.
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AIA acquires CBA life insurance businesses
JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion.
AMP launches LIF-ready resource
KARREN VERGARA  |  WEDNESDAY, 20 SEP 2017
AMP launched an online Life Insurance Framework (LIF) resource aiming to prepare advisers for the 1 January 2018 legislative changes.
CommInsure strengthens income protection offering
JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
As per CommInsure's commitment to regularly review its offering, the life insurer launched a new income protection product and enhanced its existing TPD and trauma products.
The risk of under-insurance is real: ASFA
EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
Ignore the noise, the benefits of insurance in super far outweigh the negatives for claims recipients and the budget bottom line alike, the Association of Superannuation Funds of Australia believes.
The rise and impact of insurtech
JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2017
Legacy systems and antiquated business models of the global insurance industry are beginning to see significant disruption, prompting traditional insurers to up their game to get ahead of the curve and presenting prime opportunities for collaboration ...
Group insurance inaction is "robbery": Inquiry
KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Group insurers not doing enough to prevent the growing problem of employees owning multiple superannuation funds and life insurance premiums is equivalent to theft, according to today's life insurance parliamentary inquiry.
Freedom Insurance sells stake in NobleOak
EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
Life insurance distributor Freedom Insurance Group is selling a stake in its issuer NobleOak Life after finalising a $7 million sale of its non-core investment in the company.
Tower lodges cross appeal to NZ High Court
JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2017
After having a proposed takeover by Suncorp subsidiary Vero Insurance declined by New Zealand regulators, Tower has lodged a cross appeal against the decision.
Group insurance premium arrangements unclear: ISWG
KARREN VERGARA  |  MONDAY, 4 SEP 2017
The lack of understanding and poor transparency around premium adjustment mechanisms have emerged as major concerns in the latest Insurance in Superannuation Working Group discussion paper.
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