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Insurance

Gen insurance posts 61pc fall in NPAT

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
APRA-regulated general insurance companies suffered a total 61 per cent drop in net profit after tax to $2.1 billion due to higher claim costs and lower interest rates last year although the industry's total assets rose 0.7 per cent to $92.7 billion ...

Lifewise website nets 8,500 hits

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
Insurance awareness website, Lifewise, attracted around 8,500 unique visits in three months.

MLC wins life insurer of the year

COMPANY RELEASE  |  MONDAY, 3 AUG 2009
MLC has won the 2009 Life Insurance Company of the Year by the Australia & New Zealand Institute of Insurance and Finance (ANZIIF) for the fourth time in six years.

Media Super hires ING as insurer

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
Media Super has appointed ING Life as its new insurer for death and total and permanent disability insurance cover, and its income protection cover.

Aviva insurance in super business jumps 12pc

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
Aviva's new lump sum protection policy business has risen by almost 12 per cent over two years to almost 15 per cent - reflecting a growing trend for customers to get insurance through super.

CommInsure launches insurance WriteAway

MICHELLE BALTAZAR  |  WEDNESDAY, 22 JUL 2009
CommInsure has launched WriteAway, a new straight through processing platform for risk insurance that could provide financial planners with an underwriting decision within 20 to 30 minutes.

Better insurance tech from IRESS

COMPANY RELEASE  |  THURSDAY, 16 JUL 2009
CommInsure and IRESS have unveilled a new service that includes real-time insurance premium validation and the delivery of in-force policy information to the adviser desktop.

Zurich manager wins Aon Benfield Scholarship

COMPANY RELEASE  |  FRIDAY, 10 JUL 2009
Victor Caballero of Zurich Financial Services has won the Aon Benfield Scholarship for 2009 - a joint scholarship from the Australian and New Zealand Institute of Insurance and Aon Benfield Australia.

More mortgage brokers to sell insurance

RUTH LIEW  |  FRIDAY, 10 JUL 2009
First Aussie John announced he would "shake up" the insurance market, now Mortgage Choice is boosting its presence in life insurance too.

Aussie John cracks insurance market

RUTH LIEW  |  THURSDAY, 25 JUN 2009
John Symond, the Aussie Home Loans founder who transformed the home loans market in the 1990s, has set his sights on shaking up another sector and this time, it's direct insurance.