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Insurance

Individual cover through super, key to insurance recovery

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
The real opportunity for the insurance industry lies in encouraging consumers to enhance their default life risk cover within their superannuation, MetLife and Financial Services Council (FSC) research has concluded.

FEATURE: Facing the perfect storm

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
Australia's life insurance sector has experienced an increase in claims and policy lapses in the last few years. The confluence of factors pressuring the group and retail insurance market has created a perfect storm that has seen insurers' profits plummet.

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The Global Federation of Insurance Associations (GFIA) has rejected the G20 proposal that top insurers hold more capital from 2019 to cover potential to the financial system.

TAL takes over from AMP as biggest life insurer

JAMES FERNYHOUGH  |  THURSDAY, 20 MAR 2014
TAL has taken over from AMP/AXA as Australia's biggest life insurer after years of market dominance by the latter, research by DEXX&R has shown.

AustralianSuper insurance premiums to rise by 35%

LAURA MILLAN  |  FRIDAY, 14 MAR 2014
AustralianSuper will substantially increase its death and total and permanent disability (TPD) insurance premiums due to rising policy costs.

CommInsure wins AFA/PFL Life Company of the Year

LAURA MILLAN  |  THURSDAY, 13 MAR 2014
CommInsure has won the AFA / PFL Life Insurance Company of the Year Platinum award, as well as the Investment Bond award.

PROFILE: MetLife head of distribution Michael Gooddall

MARK SMITH  |  WEDNESDAY, 12 MAR 2014
In a financial services career spanning more than thirty years, Michael Goodall has held senior jobs in superannuation, financial planning and banking; but he tells Mark Smith that it was his time away from the industry that has best helped him put that ...

MetLife doubled group risk market share in 2013

LAURA MILLAN  |  MONDAY, 10 MAR 2014
MetLife Insurance doubled its group risk premium inflows and group insurance market share in 2013, Plan For Life research found.

ClearView launches online health reward system

LAURA MILLAN  |  FRIDAY, 7 MAR 2014
ClearView Wealth has launched a program that gives discounts on insurance policies to clients who prove that they take care of their health.

AIA launches fitness program available via advisers

LAURA MILLAN  |  THURSDAY, 6 MAR 2014
AIA Australia has launched a fitness program that will be sold to clients who purchase an insurance policy via financial advisers.