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Insurance

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
Global life insurer MetLife will cease to write individual insurance policies in the United States, having established a new firm to house its domestic retail life and annuity insurance divisions.

Steady increase for life insurance premium flows

KARREN VERGARA  |  MONDAY, 10 JUL 2017
Life insurance premium inflows inched 2.1% in the 12 months to March, the latest analysis from Strategic Insight shows.

Cbus slashes insurance premiums

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
Industry super fund Cbus has signed a new insurance deal with TAL that will see premiums decrease substantially.

MLC Life partners to accelerate underwriting process

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
The underwriting process is about to get easier for customers of MLC Life Insurance as the firm becomes the first in Australia to offer UK underwriting rules engine UnderwriteMe.

Industry fund reduces insurance premiums

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
An industry super fund will reduce its insurance premiums by 6% and has pledged to lock the reductions until 2020.

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1.

TAL intensifies mental health strategy

KARREN VERGARA  |  MONDAY, 3 JUL 2017
Life insurer TAL is expanding its mental health capabilities by creating a new executive role and partnering with an expert in the field.

AIA refreshes Vitality program

KARREN VERGARA  |  THURSDAY, 22 JUN 2017
AIA Australia has enhanced its life insurance offering with the launch of OneLife, aiming to help members achieve healthier lifestyles via its Vitality program.

MLC Life adapts to meet shifting expectations

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2017
The increasing importance of big data in the world of life insurance has seen MLC Life launch its new consumer-facing website, revealing the cornerstone of an ongoing digital transformation strategy.

The changing face of underwriting

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2017
Facial analytics may play a key role in calculating future life insurance premiums thanks to a North Carolina technology firm claiming its platform returns lifespan estimates more accurate than traditional methods.