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Insurance

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
Commonwealth Bank has offloaded its stake in a Chinese life insurance joint venture for $668 million.

Insurtechs must work with incumbents: EY

KANIKA SOOD  |  TUESDAY, 22 MAY 2018
Australian insurtechs are more of a complementary addition to the existing insurance value chain than disruptors, according to a new study by Ernst & Young.

MLC Life enhances mental health offering

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The life insurer will extend its Best Doctors offering to allow customers access to a mental health service designed to provide a second medical opinion for diagnosis and treatment plans.

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
ANZ Wealth is making inroads with its newly launched mental health initiatives, including innovative and preventative programs aiming for the life insurer to play a more active role in the space.

ANZ considering buy-back with life insurance paycheck

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
ANZ's first paycheck from the December sale of its life insurance arm to Zurich has arrived and the bank is considering buying back up to $1.5 billion in shares, on top of its current buyback program.

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
An overwhelming number of people who work in life insurance believe the industry needs government backing so it can properly regulate.

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million.

Tradies test predictive underwriting

KARREN VERGARA  |  FRIDAY, 13 APR 2018
ANZ Wealth's new artificial intelligence-powered underwriting capability has completed a successful test phase with a group of tradespeople.

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
AIA Australia is urging the Federal Government to allow life insurers to fund early intervention and treatment for mental health conditions.

CommInsure, OnePath enhance digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
Applying for life insurance and making claims is now much easier for financial advisers and customers of CommInsure and OnePath.