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

Insurance

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
ASIC has accepted an enforceable undertaking (EU) from ACE Insurance following an investigation into one of its divisions, Combined Insurance.

ClearView FUA hits $8bn

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
ClearView has announced its 2016 interim results, which show funds under advice have risen 9% to $8.1 billion.

Suncorp appoints new C-suite for restructured business

ALEX BURKE  |  TUESDAY, 23 FEB 2016
Suncorp has consolidated its separate business channels and appointed nine senior executives to lead the restructured company.

PPS launches life insurance mutual offering

ALEX BURKE  |  THURSDAY, 18 FEB 2016
South African financial services firm PPS has launched PPS Mutual in Australia, providing access to a retail life risk mutual offering.

Zurich launches LIF support initiative

MARK SMITH  |  THURSDAY, 18 FEB 2016
Zurich Financial Services Australia is launching a life insurance framework (LIF) support package for financial advisers, via a national roadshow.

Combined Insurance to cease new Australian business

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
Combined Insurance has announced it will cease writing new Australian business on April 22.

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA).

AIA revamps digital strategy

MARK SMITH  |  MONDAY, 15 FEB 2016
AIA Australia hopes to change the way people engage with life insurance by personalising products and focusing on storytelling.

New TAL scheme offers discounts for healthy living

MARK SMITH  |  THURSDAY, 11 FEB 2016
TAL has teamed up with a former British Navy officer and physiologist in launching a new program that offers life insurance discounts for clients with a healthy lifestyle.

LIF expected before parliament this week

ALEX BURKE  |  THURSDAY, 11 FEB 2016
The Life Insurance Framework is expected to be put to the House of Representatives by Assistant Treasurer Kelly O'Dwyer this week.