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Insurance

AFA and Beddoes announce consumer choice award winners

ALEX BURKE  |  WEDNESDAY, 15 JUN 2016
The Association of Financial Advisers and the Beddoes Institute have announced the preliminary award winners of the 2016 Consumer Choice Awards.

Group risk business climbs as individual sales fall

ALEX BURKE  |  THURSDAY, 2 JUN 2016
The latest DEXX&R research suggests in-force group business is on the rise while fewer consumers are purchasing individual products.

Group risk premium inflows up 6.9%

MARK SMITH  |  FRIDAY, 27 MAY 2016
Overall group risk premium inflows increased 6.9% in the 12 months to the end of March 2016, the latest numbers from Plan For Life show.

AIA launches adviser wellness program

DARREN SNYDER  |  WEDNESDAY, 25 MAY 2016
Life insurer AIA Australia has launched a 12-week executive wellness program targeted at financial advisers to enhance their business value and personal effectiveness as business owners.

ANZ rings in insurance updates

DARREN SNYDER  |  MONDAY, 23 MAY 2016
ANZ Wealth has announced a range of updates to its insurance offerings with key focuses on affordability, product awareness and simplicity, and the relationship between financial advisers and their clients.

IOOF announces group insurance mandate

ALEX BURKE  |  MONDAY, 23 MAY 2016
IOOF has announced it has renewed its relationship with a leading group insurer.

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
Despite the need to increase capital adequacy ratios, the life insurance industry has reported a steady increase in net profit, according to APRA's latest quarterly statistics for the sector.

Life insurers paid $6.9bn in claims in 2015

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
Mainstream life insurance companies paid out a total of just over $6.9 billion in claims in 2015, according to figures from The Risk Store.

TAL launches online policy upgrade service

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
TAL has launched an online service to allow paperless upgrades of life, TPD and critical illness insurance policies.

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
CBA chief executive Ian Narev has defended his company's life insurance arm in a letter to Senator Chris Ketter, noting he wrote to five affected customers recently.