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Insurance

Kinetic Super improves insurance offering

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
Industry super fund Kinetic super is upgrading its insurance offering to maximise members' insurance protection at times when they can afford it and reduce it or switch it off when they can't.

Zurich revamps life insurance products

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
Zurich is offering "generous" rate reductions and discounts on a number of its life insurance products in a major upgrade since acquiring Macquarie Life.

MLC launches claims processing platform

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
MLC Life Insurance launched a platform that it believes will process claims more efficiently.

MetLife raises bar on group insurance awareness

KARREN VERGARA  |  MONDAY, 29 MAY 2017
Group life insurer MetLife launched a national campaign to ensure every working Australian is aware of built-in life insurance available through superannuation.

Insurance giant partners to combine life and health

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
One of Australia's largest life insurers is entering a joint venture with a not-for-profit health fund and a financial services provider to launch a new combined life and health insurance brand.

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
Life insurance companies reported a 146% boost in revenue, but failed to improve bottom line performance in the 12 months to March, according the latest APRA performance statistics.

Australians pass on life insurance

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
Australian parents experience anxiety about their family's future but remain woefully unprepared for the long-term financial burdens associated with the event of a death.

Life insurance market flat: Research

KARREN VERGARA  |  MONDAY, 22 MAY 2017
The life insurance market experienced weak growth in the last three years despite the significant amount of marketing effort and money spent on rejuvenating the industry, a new report shows.

Reporting overhaul to hit insurer profits

KARREN VERGARA  |  MONDAY, 22 MAY 2017
More than 450 listed insurers' bottom lines will be significantly affected by a new global accounting standard overhauling how premiums and claims are reported.

Insurance counteracting ageing population risks

KARREN VERGARA  |  FRIDAY, 19 MAY 2017
Governments increasingly withdrawing support for retirees and ageing populations is a worrying global trend, but presents an emerging opportunity for the insurance industry to fill the gap, new research from reinsurer Swiss Re shows.