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Insurance

MetLife reports 2015 earnings slump

ALEX BURKE  |  TUESDAY, 9 FEB 2016
MetLife has released its full year 2015 results, showing a 16% decrease in operating earnings to US$5.5 billion ($7.7 billion).

Synchron debuts new risk advice solution

ALEX BURKE  |  TUESDAY, 9 FEB 2016
Synchron has revealed the prototype of the fixed term level life insurance product it has developed jointly with AIA Australia.

AIA and Boost Juice partner for insurance benefits

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
AIA Australia has announced premium discounts for customers who participate in the AIA Vitality program, and has partnered with Boost Juice to deliver further benefits.

Buffett brings adviser PI products to Australia

ALEX BURKE  |  TUESDAY, 19 JAN 2016
Warren Buffett's Berkshire Hathaway Specialty Insurance Company (BHSI) has announced it is introducing professional indemnity products in Australia, including one for financial planners.

Asteron creates LIF-ready adviser commissions

ALEX BURKE  |  MONDAY, 18 JAN 2016
Asteron Life has announced a new selection of adviser commission options for its life insurance products.

OmniLife adds industry fund risk products

ALEX BURKE  |  THURSDAY, 14 JAN 2016
Omnium-operated risk research tool OmniLife has added industry fund risk insurance products, giving advisers further comparative insight into the super risk market.

Risk sales plunge in 2015

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
Annual sales in the risk market dropped by 23.7% in the year to September 2015, according to Plan for Life research.

Prime Super awards insurance mandate to CommInsure

MARK SMITH  |  TUESDAY, 12 JAN 2016
Prime Super has appointed CommInsure as its new group insurer following a competitive tender process.

ASIC consults on LIF powers

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
Financial advisers and the life insurance industry are being asked to consult the Australian Securities and Investments Commission (ASIC) over plans that would give the regulator power to set a maximum level of upfront and ongoing commission payments ...

Nippon Life says MLC will bolster falling profits

ALEX BURKE  |  MONDAY, 14 DEC 2015
Japanese life insurer Nippon Life has reported an 8% drop in ordinary profit to $2.9 billion in the six months to September 30, 2015.