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Insurance

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings.

TAL named top life insurer for 2017

DARREN SNYDER  |  FRIDAY, 16 MAR 2018
TAL and CommInsure each collected three accolades at the Association of Financial Advisers (AFA) Life Company of the Year Awards in Sydney last night, and it was the former which won the top gong.

Advisers reckoning with direct risk sales growth: Research

KARREN VERGARA  |  WEDNESDAY, 7 MAR 2018
Life insurance products sold directly to consumers are gaining prevalence over an area historically dominated by financial advisers and dealer groups, Strategic Insight's latest statistics show.

AXA inks $20 billion deal, pivots insurance business strategy

JAMIE WILLIAMSON  |  TUESDAY, 6 MAR 2018
AXA is adjusting the focus of its global insurance business, beginning with the $20 billion acquisition of a global property and casualty commercial lines insurer. It's a move away from its dominant life business.

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
Life insurers ended 2017 on a positive note, reporting solid investment revenue performance and an improvement in profitability.

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
A renewed focus on health and wellbeing is proving to be the key to engaging members with their life insurance.

BTFG names insurers on expanded APL

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
BT Financial Group advisers will see two insurers added to the BT life insurance approved product list from March, a threefold increase on the current APL.

ANZ adopts life insurance code

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
ANZ will be the first bank-owned retail superannuation fund to adopt the voluntary Insurance in Super Code of Practice.

Suncorp reviews options for life insurance business

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
Suncorp Group is considering all the possible options, including a potential sale of its life insurance business despite a 56% surge in underlying after-tax profit to $39 million reported in its latest financial results.

AMP considers "all alternatives" in life insurance portfolio review

ALEX BURKE  |  THURSDAY, 8 FEB 2018
Following on from its comprehensive reinsurance program for its wealth protection business in 2017, AMP said it is considering "all alternatives" for its life insurance portfolio and is in discussions with "a number of interested parties."