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Insurance

Life insurance revenue down 13.9%

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
Life insurance industry revenue declined by over $2 billion in the 12 months to June 30, according to the latest Quarterly Life Insurance Performance Statistics from APRA.

Behaviour key to increased insurance sales

MATT WOODINGTON  |  FRIDAY, 2 SEP 2011
Behavioural investing can help financial planners increase insurance take up in Australia, as well as improving the reputation of the industry, according to MetLife senior vice president, Joe Jordan.

MLC to launch new flagship insurance product

ALISON BEVEGE  |  WEDNESDAY, 24 AUG 2011
MLC is to launch a new insurance product in October, which it says will be their flagship offering.

AIA Australia creates Asia role, new CEO

ALISON BEVEGE  |  TUESDAY, 23 AUG 2011
Life insurance group AIA Australia has appointed chief executive Damien Green to a Hong Kong-based role where he will grow AIA Group business across the region.

Insurers want wireless relationship

ELISE BURGESS  |  FRIDAY, 29 JUL 2011
Life and general insurers plan to enter the wireless space and build smartphone applications to build interactive relationships with consumers, new research shows.

ANZ launches new life cover for over 50s

MATT WOODINGTON  |  WEDNESDAY, 27 JUL 2011
ANZ is offering capped premiums as part of its new direct life insurance package for over fifties, which is designed to provide immediate post death expense cover.

Fund flows push life risk market to $9.5b

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
Life risk insurance is enjoying steady growth and group risk sales have jumped as large deals change hands, latest figures show.

Zurich launches program to match demographic trends

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
Zurich has kick-started the new financial year, releasing a fully formed insurance offering designed for greater client retention and hybrid policy cover, with plans for new applications within weeks.

TAL continues insurance upgrade

ELISE BURGESS  |  THURSDAY, 21 JUL 2011
TAL, formally Tower Australia, continues to reshape its insurance products, offering new features on its group life products to streamline adviser processes.

Tower upgrades quoting systems

ELISE BURGESS  |  WEDNESDAY, 20 JUL 2011
Tower Australia has upgraded its technology and underwriting processes based on risk adviser feedback, including broader trade income protection terms.