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Insurance

Insurance inflows up 12.9% in a year

LAURA MILLAN  |  THURSDAY, 4 DEC 2014
Risk market inflows were up 12.9% for the twelve months to September 2014, with most companies reporting increases in business.

TAL boosts profit in half-year result

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Dai-ichi Life-owned TAL has posted an underlying profit of $78 million for the six months to September 2014, up from $46 million in the same period last year.

Insurance industry has trust issues

MARK SMITH  |  THURSDAY, 13 NOV 2014
Australian insurance companies rank second last for the level of trust their customers have in them, according to a new survey by EY.

TAL lobbies for annuity regulation change

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Life insurer TAL has argued in favour of regulatory changes to income stream products in a detailed response to the Treasury's 'Review of retirement income stream regulation' discussion paper.

FEATURE: Risk at risk

JAMES FERNYHOUGH, LAURA MILLAN  |  FRIDAY, 7 NOV 2014
In the wake of the group insurance crisis, super funds are one-by-one renegotiating their contracts with their life insurers. As a result, premiums are rising significantly, in many cases bringing them in line with retail premiums. This is causing some ...

AIA signs life insurance deal with RAC

STAFF WRITER  |  WEDNESDAY, 5 NOV 2014
AIA Australia has signed a four-year deal with RAC to offer life insurance cover to its 800,000 members.

MetLife partnership extend group insurance to SMEs

MARK SMITH  |  MONDAY, 3 NOV 2014
MetLife Insurance will partner Steadfast, the largest network of general insurance brokers in Australasia, to extend MetLife's group life cover to Australian small to medium-sized enterprises (SMEs).

APRA releases group insurance best practice guide

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
The Australian Prudential Regulation Authority (APRA) has released the final prudential practice guidelines providing guidance on good practices for insurers in relation to group insurance arrangements.

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
Mercer has unveiled its much-anticipated longevity insurance solution, which it has called a 'world-first' and a 'retirement game changer'.

Suncorp completes insurance review after breaches

JAMES FERNYHOUGH  |  WEDNESDAY, 29 OCT 2014
Suncorp has finalised an independent review and remediation of compliance systems across its life and general insurance businesses.