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Insurance

Aviva grants free child life insurance

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
More than 58,000 existing Aviva customers are set to benefit from its decision to provide free automatic life insurance for children who are inflicted with a defined critical illness.

Insurance stays afloat

RUTH LIEW  |  TUESDAY, 21 OCT 2008
The insurance industry may have been bashed by the troubles in the financial markets - but one researcher believes that most players are safe due to strong regulations, technology investments and sound portfolio management.

Language is key to sell insurance

MICHAEL HOBBS  |  THURSDAY, 16 OCT 2008
The way financial advisers discuss their business and speak to prospective clients heavily impacts how much life insurance they are able to sell, according to renowned UK financial adviser, Bhupinder Anand.

MLC locks premium rates

RUTH LIEW  |  WEDNESDAY, 15 OCT 2008
MLC is locking its insurance level premium rates for the next five years and refreshing its product disclosure statements in its latest endeavour to draw fresh clients.

AIG secures extra A$54bn in liquidity

ALEX DUNNIN  |  FRIDAY, 10 OCT 2008
The future of AIG Life Australia might be assured, but the US government has been forced to extend the lifeline extended to AIG in the US by another A$54 billion.

AIG Australia to be retained

ALEX DUNNIN  |  TUESDAY, 7 OCT 2008
AIG international has advised the market and policyholders that it will be retaining a majority interest in its Asian insurance companies, including its Australian life insurance operation AIG Life Australia.

TOWER buys InsuranceLine

MICHAEL HOBBS  |  FRIDAY, 3 OCT 2008
TOWER Australia ramps up its market share in the direct-to-market life insurance sector after it acquired InsuranceLine, one of the largest direct distributor of life insurance products in the country.

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place.

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
AEGON is expecting to suffer losses from its $466 million exposure to Lehman Brothers.

ANZIIF launches website

MICHAEL HOBBS  |  FRIDAY, 19 SEP 2008
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) is launching a website to encourage young insurance professionals to get involved with industry events and new developments.