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Insurance

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
At the Actuaries Summit held in Sydney this week, Professor Anthony Asher of the Institute's Retirement Income Working Group stressed the need to develop a "vibrant annuity market", in line with much of the rest of the world.

NDIS does not replace life insurance

ALEX DUNNIN  |  WEDNESDAY, 22 MAY 2013
The national DisabilityCare system, formerly known as the National Disability Insurance Scheme (NDIS), does not replace the need for life insurance, argues AIA Australia (AIA) in a briefing note to advisers.

UniSuper nearly ready to award $25m insurance contract

ALICE URIBE  |  TUESDAY, 21 MAY 2013
Industry superannuation fund UniSuper is in the final stages of a tender process for its insurance arrangements, with announcement of the new insurer imminent.

Australians priced out of life insurance

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
More than two in five Australians cannot afford basic life insurance a survey suggests.

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
TOWER Limited has sold most of its life insurance business to Fidelity Life in deal worth $189 million.

Mortgage Choice teams up with Allianz to provide insurance

LAURA MILLAN  |  MONDAY, 6 MAY 2013
Mortgage Choice has partnered with Allianz as part of its transition towards becoming a broader financial services business and will provide general insurance.

CommInsure improves coverage for RBF members

LAURA MILLAN  |  FRIDAY, 3 MAY 2013
CommInsure has improved the insurance offering for members of the Tasmania-based Retirement Benefit Fund (RBF)

Major reshuffle in insurance league tables

LAURA MILLAN  |  MONDAY, 15 APR 2013
While AMP retained its top-ranking in the recent Plan for Life research, the numbers suggest big swings in market share and the top ten list.

Insurance cover through super overlooked: survey

LAURA MILLAN  |  TUESDAY, 2 APR 2013
Baby boomers often don't realise that they are insured through their superannuation fund, a TAL survey found when only 31% of people aged 50 to 65 said they have insurance.

CommInsure expands income protection

LAURA MILLAN  |  MONDAY, 18 MAR 2013
CommInsure has come up with a new product that takes income protection one step further, paying totally and permanently disabled clients a 100% of their income.