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Insurance

TAL maintains profits, amid record claims

STAFF WRITER  |  FRIDAY, 16 MAY 2014
Despite record claims payouts life insurer TAL has maintained its profit levels for the 12 months to 31 March.

BT Life targets SMEs with insurance product

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
BT has launched an insurance solution that gives income protection to small businesses owners and key personnel.

Zurich moves on from group insurance

LAURA MILLAN  |  THURSDAY, 8 MAY 2014
Zurich Life has withdrawn from the group life insurance sector, acknowledging that it lacks the scale to penetrate the market.

Insurers upping risk to combat low yields

MARK SMITH  |  THURSDAY, 8 MAY 2014
Global insurers are looking to increase risk to combat low yields, according to the third annual Goldman Sachs Asset Management (GSAM) survey of the sector.

Victoria abolishes stamp duty on life insurance

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
The states of Victoria and the ACT have abolished the stamp duty on life insurance products.

CommInsure launches tailored SMSF insurance product

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
CommInsure will launch a life insurance product tailored to members of self-managed superannuation funds (SMSFs) next week.

MetLife to make 32 appointments

LAURA MILLAN  |  THURSDAY, 1 MAY 2014
MetLife will open a Melbourne office, with plans to hire more than 30 new staffers across claims, product and pricing, client relationship and finance.

Research house launches direct ratings system

LAURA MILLAN  |  MONDAY, 28 APR 2014
Independent researcher Defaqto has launched a ratings system addressed at consumers who want to purchase financial products without going through an adviser.

AIA Australia launches daily risk information for planners

STAFF WRITER  |  WEDNESDAY, 16 APR 2014
Life insurer AIA Australia has launched a new administrative tool that will provide daily risk 'Datafeeds' for XPLAN to assist in the management of life insurance policies.

Premium increases boost life risk inflows 11.5%

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
Overall life insurance risk market inflows increased by 11.5% during 2013, following major retail and group insurers' decision to increase premiums rates to face the industry's challenges.