MetLife partners with industry fund for digital tool
HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
MetLife Australia partnered with an $8 billion industry superannuation fund to launch its digital life insurance tool designed to speed up claims tracking and lodgment for fund members.
Life insurers take the Royal Commission stand
HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
Some of Australia's prominent life insurers are preparing for time in the Royal Commission witness box, after case studies were announced for the sixth round of public hearings.
Life insurance sector strengthens
KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show.
TAL partners with mental health NFP
KARREN VERGARA  |  TUESDAY, 21 AUG 2018
TAL is joining forces with a not-for-profit organisation to help raise greater awareness on mental health issues affecting the younger generation.
Foreign owners take over life insurance: KPMG
KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Foreign companies continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows.
Life insurance loyalty waning
JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
More than 240,000 life insurance policyholders switched provider in the 12 months to June 2018, while a further 766,000 considered switching.
TAL acquires Suncorp Life
JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
Following a strategic review, Suncorp will sell its life insurance business to TAL.
Group insurers pressed for resources
KANIKA SOOD  |  MONDAY, 30 JUL 2018
Group insurers are finding themselves pressed for resources as they race to meet the Federal Government's July 2019 deadline to cull the default opt-ins for group insurance.
Life insurers cautious about My Health Record
HARRISON WORLEY  |  MONDAY, 30 JUL 2018
As My Health Record draws criticism and scrutiny, life insurers are cautious as to the merits of the initiative and its potential implications for the industry.
FSC aggregates insurance industry data
KANIKA SOOD  |  THURSDAY, 26 JUL 2018
The Financial Services Council is launching a multi-million-dollar data project that will aggregate and distribute life insurance industry data.
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