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Insurance

Master trusts and industry funds drive risk growth

COMPANY RELEASE  |  MONDAY, 9 FEB 2009
Employer master trusts and industry funds will provide more risk insurance over the next 15 years, according to Rice Warner Actuaries research.

Introducing life cycle insurance: REST

RUTH LIEW  |  FRIDAY, 12 DEC 2008
REST Superannuation has revolutionised life insurance in super by introducing a "life cycle" approach to its death cover - breaking away from the traditional fixed cost or "$1 a week" insurance model.

Aviva covers risky jobs

RUTH LIEW  |  THURSDAY, 11 DEC 2008
Aviva has launched a new Income Daily Living product that insures non-working spouses and Australians in high risk occupations.

Climate change takes priority: Zurich

RUTH LIEW  |  FRIDAY, 5 DEC 2008
Climate change should be at the top of insurers' concerns as it directly impacts product premiums and the bottom lines of insurers worldwide, according to Zurich.

IAG ups Malaysian stake

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
Insurance Australia Group (IAG) has increased its interest in Malaysian joint venture AmAssurance by nearly 15 per cent but is pulling out of the life insurance part of the business.

BT upgrades insurance

MICHAEL HOBBS  |  WEDNESDAY, 3 DEC 2008
BT Financial Group has improved the features of its Westpac Protection Plans and BT Life Protection Plans to provide wider coverage across illnesses.

Life insurance too complicated: survey

MICHAEL HOBBS  |  TUESDAY, 2 DEC 2008
The life insurance industry is missing a significant segment of the Australian market after a new survey found two in five people think insurance is far too complicated and hard to understand.

IUS wins FSS mandate

RUTH LIEW  |  MONDAY, 1 DEC 2008
The $14 billion First State Super has appointed group risk insurer IUS to provide group life and TPD insurance benefits for NSW ambulance officers.

Premium and business growth up: TOWER

MICHAEL HOBBS  |  THURSDAY, 27 NOV 2008
TOWER Australia continues to grow its insurance business posting growth in its in-force premium and new business revenues during the financial year.

AXA ramps up group insurance

MICHAEL HOBBS  |  WEDNESDAY, 26 NOV 2008
AXA Australia group insurance clients are set to benefit from a raft of enhancements across definitions, cover limits and technological capabilities.