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Insurance

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
MLC will introduce an insurance rollover offer to external superannuation funds.

Westpac to refund unwanted insurance

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Westpac will refund premiums paid for insurance customers did not need following an ASIC review.

Zurich cleans up at Plan For Life awards

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Zurich has won in three categories at Plan For Life's 2015 Direct Life Insurance awards.

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
National Australia Bank (NAB) has agreed to sell 80% of MLC's insurance business for $2.4 billion, but it estimates it will lose over $1.5 billion in the transaction.

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion.

Standing up for risk advisers

ALEX GAMBOTTO-BURKE  |  MONDAY, 26 OCT 2015
The Association of Financial Advisers remained a part of the Life Insurance Framework discussions to avoid a "lottery" in the Senate, according to chief executive Brad Fox.

Klipin inks New Zealand insurance job

LAURA MILLAN  |  MONDAY, 26 OCT 2015
Senior industry executive Richard Klipin will relocate to New Zealand and will become the chief distribution officer of the country's largest life insurer.

AMP wealth earnings down post-Genesys closure

ALEX BURKE  |  FRIDAY, 23 OCT 2015
AMP's wealth management arm has seen a 49% dip in net cashflow in the third quarter to September 2015 (compared to the previous corresponding period).

AIA launches adviser support service

ALEX BURKE  |  FRIDAY, 23 OCT 2015
AIA Australia has launched its Business Growth Hub, a service aimed at supporting advice business owners.

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
In a highly competitive market, group insurers are looking beyond lowering prices to attract large fund clients.