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Insurance

Nine in 10 Australians can't get no insurance satisfaction: survey

LAURA MILLAN  |  WEDNESDAY, 5 MAR 2014
Only a select few among working Australians are on top of their insurance needs, leaving the door wide open for financial advisers who have mastered the ins and outs of good insurance.

AIA pays advisers to move to hybrid commission

LAURA MILLAN  |  THURSDAY, 27 FEB 2014
AIA Australia will pay advisers who move to a hybrid commission model, despite the Australian Securities and Investments Commission (ASIC) concerns on inappropriate insurance switching.

Life insurance losses drag AMP results

LAURA MILLAN  |  THURSDAY, 20 FEB 2014
AMP has attributed its 2% fall in net profit from $689 million in 2012 to $672 million in 2013 to difficulties in its life insurance business.

Gen Ys engaged with life insurance

LAURA MILLAN  |  MONDAY, 17 FEB 2014
Young Australians appear to be engaged with the importance of insurance, as new research reveals that with 48% of GenYs do not use outside influences when making a decision about their life insurance policy.

Asteron Life wins Super Rugby naming rights

STAFF WRITER  |  FRIDAY, 14 FEB 2014
Asteron Life has partnered with the Australian Rugby Union (ARU) in signing a three-year naming rights sponsorship of the Super Rugby series, which will be known as the 'Asteron Life Super Rugby Tournament' in Australia.

APRA to scrutinise group insurance risk

JAMES FERNYHOUGH  |  WEDNESDAY, 12 FEB 2014
Group insurance risk management will be top of the agenda in a number of thematic reviews to be carried out by the Australian Prudential Regulation Authority (APRA), according to the regulator's general manager Greg Brunner.

Direct insurance taints consumer views on life insurance

LAURA MILLAN  |  TUESDAY, 4 FEB 2014
Bad experiences with direct life insurance companies are tainting consumers' views of life insurance in general, according to Synchron director John Prossor.

Risk Premium inflows up 9.6% in 2013

MARK SMITH  |  FRIDAY, 24 JAN 2014
Risk Premium inflows increased 9.6% year on year in the 12 months to 31 December, according to the latest figures from Plan For Life.

Aon creates new financial division

LAURA MILLAN  |  THURSDAY, 23 JAN 2014
Aon Risk Solutions has integrated its four existing financial businesses into an expanded segment called Financial Specialties.

APRA issues warning on group risk

ALEX DUNNIN  |  MONDAY, 13 JAN 2014
Insurance regulator the Australian Prudential Regulation Authority (APRA) has issued a warning that while the overall life insurance is in reasonable financial shape, sustained pressure on the group risk sector is becoming a strategic threat that insurers ...