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Insurance

CommInsure boosts retail life offering

NEWS RELEASE  |  WEDNESDAY, 13 OCT 2010
CommInsure has unveiled a number of upgrades to its retail life insurance offering, including the ability for customers to use their super fund to pay for their insurance premiums.

US insurer postpones IPO

JOHN MCDULING  |  THURSDAY, 30 SEP 2010
In a further sign of the fragile state of the US economy, one of the biggest initial public offerings of 2010 was withdrawn overnight.

Tower wins Virgin Money mandate

RUTH LIEW  |  FRIDAY, 24 SEP 2010
One year after Tower Australia secured a $600 million insurance deal with AustralianSuper, the firm has signed on a major partnership with Virgin Money to provide life insurance to the retail market.

CommInsure wins industry fund mandates

MEDIA RELEASE  |  WEDNESDAY, 22 SEP 2010
CommInsure has won two mandates to provide risk insurance services to industry funds Care Super and Vision Super.

Netwealth partners with AIA on insurance

NEWS RELEASE  |  WEDNESDAY, 22 SEP 2010
Netwealth Investments has launched LifeWRAP, a new integrated insurance facility for netwealth platform clients, developed with insurer AIA.

Macq Life Active premiums reach $1 million

NEWS RELEASE  |  THURSDAY, 16 SEP 2010
Macquarie Life Active has surpassed $1 million in premiums, just 10 weeks after launching.

AIA not for sale

MEDIA RELEASE  |  MONDAY, 13 SEP 2010
AIA group executive chairman Mark Tucker has dismissed media speculation that AIA Group's Australian operation is for sale.

No easy fit for health insurance: super

RUTH LIEW  |  FRIDAY, 10 SEP 2010
Super funds offering health insurance as a bundled product would be an ideal evolution of the savings and healthcare industries, but achieving this goal is a long way off - if it ever happens, insurers say.

Man introduces daily liquidity for flagship fund

JOHN MCDULING  |  THURSDAY, 9 SEP 2010
Man Investments Australia switches from weekly to daily liquidity for its Man AHL Alpha (AUD) product, addressing a major priority for investors post GFC - the ability to redeem and access funds.

Group insurance gets own apps

COMPANY RELEASE  |  THURSDAY, 9 SEP 2010
Insurer AIA Australia paves way for more tech-related improvements in group insurance after launching a life insurance online application called LIFEapp and, later this year, an online claims application called eClaims.