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

Insurance

Life insurance claims revamped at industry fund

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
An industry superannuation fund and its insurer have launched an online life insurance claim tool that enables quicker payments and helps identify return to work and rehabilitation services for members.

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
Speculations are that the Swiss National Bank (SNB) could follow up its recent verbal interventions with actual ones ahead of the near certainty that the European Central Bank (ECB) would boost its stimulus programme come 3 December.

Zurich restructures retail life insurance

ALEX BURKE  |  FRIDAY, 27 NOV 2015
Zurich has restructured its retail life insurance services, including reducing term and total and permanent disablement rates.

GE Capital to exit Australia

ALEX BURKE  |  THURSDAY, 26 NOV 2015
GE Capital, the financial services arm of General Electric, will fully exit the Australian region.

AIA hybrid program signs 1,000 advisers

ALEX BURKE  |  TUESDAY, 24 NOV 2015
Over 1,000 advisers have signed on to AIA Australia's transition to hybrid program.

MLC takes axe to life insurance premiums

DARREN SNYDER  |  MONDAY, 23 NOV 2015
MLC has announced it is cutting premiums for two life insurance products by up to 15% as part of a reinvigoration aimed solely at attracting new customers.

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
More Australian banks will follow NAB's exit from manufacturing life insurance, according to Rice Warner chief executive Michael Rice.

MetLife reports 61pct global earnings slump

ALEX BURKE  |  THURSDAY, 12 NOV 2015
MetLife has announced its third quarter results, revealing a 61% decrease in operating earnings to US$705 million ($986 million).

MLC to vary premiums with fitness smartwatch

ALEX BURKE  |  TUESDAY, 10 NOV 2015
MLC will introduce a new initiative to track real-time customer fitness data and vary premiums accordingly.

TAL improves group member verification

ALEX BURKE  |  TUESDAY, 10 NOV 2015
TAL has improved the efficiency of its member identification and verification process.