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Insurance

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.

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.