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Insurance

VicSuper upgrades with AXA insurance

ELISE BURGESS  |  WEDNESDAY, 13 JUL 2011
VicSuper has upgraded its insurance agreement with AXA Australia, building more group insurance and income protection into the offering for the super fund's 250,000 members.

Telstra Super cuts insurance premiums

MATT WOODINGTON  |  FRIDAY, 8 JUL 2011
Telstra Super has made changes to its insurance design, reducing the price of income protection, death and total and permanent disability (TPD) cover.

Omnium updates life quotes web tool

LOREN RUGEBREGT  |  FRIDAY, 8 JUL 2011
Financial planners can now break down life insurance premiums for clients with Omnium's upgraded web-based quoting tool.

Sunsuper overhauls insurance in favour of women

MATT WOODINGTON  |  TUESDAY, 5 JUL 2011
Sunsuper has revamped its insurance offering with increased coverage for all members and notable improvements for women and young people especially.

TPD insurance review closes

ALEX DUNNIN  |  TUESDAY, 5 JUL 2011
Submissions have just closed on a Treasury inquiry into changing the tax deductibility arrangements for TPD insurance sold through super funds, a review that some funds believe could increase member insurance premiums.

Insurers face up to harsh environment

MATT WOODINGTON  |  MONDAY, 4 JUL 2011
Suncorp said it is satisfied with recent reinsurance negotiations and maintained its margin forecast despite being hit by increased costs due to a shift in Australia's risk profile.

Life insurance gap down 33pc

ELISE BURGESS  |  FRIDAY, 1 JUL 2011
The life insurance gap in Australia is down 33%, dropping from $1,000 billion in 2005 to $669 billion in June 2010, based on the survival needs of families and dependants after death according to Rice Warner Actuaries.

HESTA forms new relationship with CommInsure

ELISE BURGESS  |  MONDAY, 27 JUN 2011
HESTA has partnered up with CommInsure to offer income protection to age 67.

Super funds bidding to stem insurance shortfall

MATT WOODINGTON  |  THURSDAY, 16 JUN 2011
Group insurance companies are experiencing a shift in the focus of super fund clients with an increasing impetus on innovation, simplicity and slick claims processes.

RI Advice insurance sales up 300pc

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
Life insurance sales are up by 300 per cent for RI Advice Group since late 2009 with adviser insurance training also surging.