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Insurance

Life consumers influenced by premium pricing

KARREN VERGARA  |  FRIDAY, 9 JUN 2017
An overwhelming majority (84%) of Australians purchase life insurance based on the cost of premiums, according to life insurer NobleOak.

Review life insurance ahead of super reforms: BT

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
With the end of financial year and 1 July superannuation reforms fast approaching, advisers shouldn't overlook the value of life insurance arrangements inside superannuation.

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
ASIC launched a new instrument cementing the maximum amount of fees and ongoing commissions advisers can charge on life insurance products as part of industry-wide reforms.

AMP improves life insurance offering

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
Newly-launched improvements to AMP's life insurance offering are aiming to give advisers and customers greater flexibility and choice.

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.