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Insurance

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
Actuaries have calculated mortality rates among Australians who use annuities. It is research they hope will help develop retirement income products including CIPRs.

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year.

Planning firm among healthiest Australian workplaces

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
Financial services companies fared well in AIA's latest healthiest workplace survey, with a 21-year-old firm recognised as Australia's healthiest small workplace.

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
New Zealand life insurers are paying the highest commissions to financial advisers in the world and the nation's Reserve Bank is concerned about the conduct risk it is creating.

Pilot program to boost AIA staff mental health

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
A new corporate health program trialled at AIA will allow the life insurer's staff to track their mental health progress.

TAL launches health insurance products

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
TAL launched an adviser-focused health insurance offering by way of an expanded strategic partnership with nib.

NEOS continues growth trajectory

KARREN VERGARA  |  TUESDAY, 27 NOV 2018
Since launching in mid-2018, life insurance start-up NEOS Life is making strides with the launch of a new product and expedited its underwriting decision times.

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
Life insurers should be banned from asking consumers if they have undertaken a genetic test, Financial Standard's latest readership survey reveals.

Zurich partners for future of work and insurance

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
Zurich has entered a three-year study partnership with Oxford University to develop a means of ensuring workers are effectively protected and supported in an increasingly fragmented labour market.

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
The Financial Services Council has released a new draft life insurance code of practice that makes 30 changes to the code in place since 2017.