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Insurance

Reinsurance talent runs dry

ELISE BURGESS  |  MONDAY, 12 DEC 2011
Australia's reinsurance industry is running low on job candidates, particularly analysts and actuaries, resulting in companies turning their focus offshore to other markets.

AIA Australia launches life product upgrade

ELISE BURGESS  |  THURSDAY, 8 DEC 2011
Life insurance provider AIA Australia has upgraded its priority protection product to include severe diabetes as a crisis event under its benefits listings in response to skyrocketing cases in the Australian population.

Post-retirement risk in Australia: IMCA

CLAIRE MCGREAL  |  TUESDAY, 6 DEC 2011
The issue of post-retirement risk as a major challenge facing the financial services industry, was in the spotlight at the recent Investment Management Consultants Association conference in Sydney.

AMP sells insurance arm to Suncorp

CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
AMP has sold its General Insurance Distribution business to Suncorp, in a move that sees Suncorp secure the business for the long-term.

One-third advisers switch insurance providers: survey

ELISE BURGESS  |  FRIDAY, 11 NOV 2011
One-third of financial planners have stopped using at least one insurance provider in the last 12 months due to poor support and service.

CareSuper cuts income protection premiums

MATT WOODINGTON  |  THURSDAY, 20 OCT 2011
CareSuper has secured improved insurance premium rates for income protection cover through CommInsure.

Gen Y prefers face-to-face insurance

ELISE BURGESS  |  MONDAY, 17 OCT 2011
Gen Y Business Owners opt for financial advice when it comes to business insurance despite online being their main source of research and other forms of financial servicing, according to a new study.

MLC Insurance platform cuts turnaround by 70pc

ELISE BURGESS  |  THURSDAY, 13 OCT 2011
The newly-launched MLC Insurance solution targets the entire advice industry, particularly independents, with insurance turnaround times to be slashed by 70% said MLC, which combines Aviva features with new insurance services.

Life insurance sales close in on $10bn

ELISE BURGESS  |  TUESDAY, 11 OCT 2011
Life insurance risk market inflows climbed 10% in the 12 months to June 2011 from $8.9 billion to $9.8 billion with TAL, Zurich and AIA recording the three highest inflows. Group risk had a rougher year with mixed results.

AIA Australia scoops Insurance Industry awards

CLAIRE MCGREAL  |  WEDNESDAY, 5 OCT 2011
AIA Australia has come up trumps at this year's insurance industry awards, scooping a number of prizes for its Priority Protection product range.