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Insurance

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.

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.