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

Insurance

ANZ revamps life insurance offering

KARREN VERGARA  |  FRIDAY, 25 AUG 2017
ANZ's OneCare is enhancing its insurance offering with the introduction of a tiered benefit structure and by helping customers return to work quicker.

Freedom Insurance flags acquisition

KARREN VERGARA  |  THURSDAY, 24 AUG 2017
On the back of reporting strong FY17 results, Freedom Insurance Group announced it is looking to strengthen its position in the life insurance market by expanding into new products and potential acquisitions.

AIA pilots door-to-door claims program

DARREN SNYDER  |  TUESDAY, 22 AUG 2017
Life insurer AIA Australia is piloting a claims program that provides free door-to-door support in the face of significant health events.

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
Operational complexities are holding life companies back from improving and modernising the life insurance industry, and leaving customers very confused as to exactly what they are insured for, a public hearing found.

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.