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Insurance

Suncorp Life boss to step down

LAURA MILLAN  |  MONDAY, 29 JUN 2015
Suncorp Life's chief executive will step down from his role on September 30 after seven years at the helm of the group's insurance business.

Alternative income sources could benefit retirees

ALEX BURKE  |  MONDAY, 29 JUN 2015
Imputation bonds or insurance bonds could be a good alternative to annuities or account based pensions in a context of low rates and new rules for aged care means-testing.

Trowbridge salutes risk reforms package

ALEX BURKE  |  FRIDAY, 26 JUN 2015
Life Insurance and Advice Working Group (LIAWG) chair John Trowbridge has applauded the industry-led risk reforms package.

Risk reforms ignore key adviser concerns

ALEX BURKE  |  THURSDAY, 25 JUN 2015
Risk advisers expressed concern that the industry-led risk reforms package ignores the problem of vertical integration and client-driven policy churn.

Industry moves away from upfront commissions

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
Australia's life insurance advisers and providers have reached an agreement to transition from high upfront commissions to alternative remuneration models.

High-risk pursuits may undermine super funds' solvency

DARREN SNYDER  |  THURSDAY, 25 JUN 2015
Superannuation funds and life insurers are feeling pressure to chase yield and are pursuing higher-risk investment strategies that could ultimately undermine their solvency.

Life risk sales falling

ALEX BURKE  |  TUESDAY, 23 JUN 2015
Individual death, total permanent disability (TPD) and trauma insurance sales fell by 8% to $280 million in the March quarter, according to research by DEXX&R.

Kaplan launches online insurance courses

STAFF WRITER  |  TUESDAY, 23 JUN 2015
Kaplan Professional has launched seven online insurance courses.

Millennial women rejecting insurance jobs

ALEX BURKE  |  THURSDAY, 18 JUN 2015
Insurance is the least attractive financial services employment sector for women born between 1980 and 1995, according to PwC research.

Buffett insurer partners with IAG

ALEX BURKE  |  TUESDAY, 16 JUN 2015
Warren Buffett-chaired Berkshire Hathaway has entered a strategic partnership with Insurance Australia Group (IAG).