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Insurance

AMP signs MOU with China Life

COMPANY RELEASE  |  MONDAY, 16 NOV 2009
AMP has become the first foreign financial institution to sign a Memorandum of Understanding for Strategic Cooperation with China Life Insurance Company, the largest insurance group in China and the world's biggest listed life insurance firm.

No let up in ING asset sales

ALEX DUNNIN  |  WEDNESDAY, 11 NOV 2009
ING Australia has built itself into one of the best financial brands in Australia but that is the last thing on the minds of ING's European head office battling to repay their $40 billion in government bail-out debt as fast as they can.

SuperFriend code improves insurance

COMPANY RELEASE  |  THURSDAY, 29 OCT 2009
The Industry Funds Forum Mental Health Foundation, SuperFriend, has developed a set of Code of Practice guidelines aimed at improving the management of insurance claims where mental illness is a contributing factor.

Tower taps UK trends to upgrade insurance

RUTH LIEW  |  THURSDAY, 22 OCT 2009
The life insurer who won the year's largest insurance mandate from a super fund, Tower Australia, has tapped the UK market's latest trends to boost its flagship Accelerate platform.

TPD tax changes could increase premiums: ASFA

MICHAEL HOBBS  |  FRIDAY, 16 OCT 2009
Tax changes around the deductibility of insurance premiums for disability superannuation benefits has been criticised by one industry association that warns insurance premiums may rise.

AIA tops life risk inflows chart

RUTH LIEW  |  FRIDAY, 16 OCT 2009
AIA Australia, formerly AIG Australia, has beaten its competitors by a wide margin to record the largest percentage increases of overall life insurance risk market inflows, new research shows.

MLC targets TV for insurance drive

MICHAEL HOBBS  |  FRIDAY, 16 OCT 2009
MLC is ramping up its insurance awareness strategy with television advertisements that entice viewers to consider their insurance needs and seek advice.

Prevention better than the cure: Asteron

MICHELLE BALTAZAR  |  WEDNESDAY, 14 OCT 2009
Life insurer Asteron spearheads a new preventative healthcare program that aims to slash the cost of insurance to the average Australian and finally put a stop to insurance being seen as a 'grudge expense'.

Aviva enhances Protectionfirst

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
Aviva Australia has upgraded its Protectionfirst range of life, critical illness and income protection products.

TOWER nabs $600m AustralianSuper deal

MICHAEL HOBBS  |  MONDAY, 7 SEP 2009
TOWER has secured a $600 million insurance deal with Australian Super, the country's largest super fund - and the insurer's winning tender could spur the biggest shake-up in the sector this year.