Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Insurance

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
Group disability income insurance has turned a corner for life insurers, recording strong earnings after years of mediocre performance, APRA's FY17 life insurance statistics show.

Insurers require urgent start-up collaborations

KARREN VERGARA  |  MONDAY, 14 AUG 2017
Life insurers are urgently realising the need to be more customer-focused by collaborating with new entrants to the industry once deemed a threat.

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
AMP is ramping up its reinsurance strategy in an effort to release $500 million in capital from its life insurance business and curb volatile earnings in a "challenging industry."

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
TAL is going above and beyond the minimum requirements of the life insurance code of conduct and calling others in the industry to follow suit.

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
Commonwealth Bank confirmed in its annual results presentation that third parties are discussing an acquisition of the bank's life insurance business.

AIA announces pricing changes

KARREN VERGARA  |  MONDAY, 7 AUG 2017
AIA Australia is adjusting its level premiums and stepped life rates as well as offering further discounts for new clients.

Industry fund reduces insurance premiums

KARREN VERGARA  |  THURSDAY, 3 AUG 2017
An industry super fund with $2.1 billion in assets under management is reducing its premiums on its income protection policy.

Technology and mergers threaten insurers

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2017
One-in-two insurers are experiencing a 'sink-or-swim mentality' in an industry undergoing rapid technological changes and facing the competitive threat of up-and-coming insurtechs.

AIA grows health insurance offering

KARREN VERGARA  |  TUESDAY, 1 AUG 2017
AIA is expanding its Vitality health insurance offering with the launch of a new brand.

Effective data management key to engagement: ISWG

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
The Insurance in Superannuation Working Group is seeking to enhance member insurance outcomes by improving access to timely and relevant information.