Life Insurance
03 August 2026
The Financial Services Council has made several recommendations on the supervision of advice licensees following the failures of the Shield and First Guardian investment schemes...
03 August 2026
A claimant who argued her post-traumatic stress disorder was separate from an earlier anxiety and depression diagnosis has lost her bid for a higher total and permanent disability benefit...
03 August 2026
Zurich is to complete its acquisition of life insurer ClearView Wealth this quarter after the Supreme Court of NSW approved the $415 million buyout’s scheme of arrangement...
03 August 2026
Financial Advice Association Australia says its congress this year aims to examine key issues including regulation and technology...
27 July 2026
About 93% of ClearView Wealth shareholders have voted in favour of Zurich’s $415 million buyout offer...
27 July 2026
An insurer conducted an inadequate investigation of a policyholder’s earnings before alleging he made misrepresentations when applying for income protection cover, the financial services ombudsman has found...
27 July 2026
Former Zurich claims manager Fifita Ngaue has rejoined the insurer as Australian senior head of retail life claims...
27 July 2026
Willis Re has launched a global life reinsurance practice offering independent advisory and broking services to life insurers, reinsurers, and pension and annuity providers...
20 July 2026
Recovery of paid benefits is a “significant step” and “only available to an insurer in extraordinary circumstances”, the financial services ombudsman says in a dispute ruling...
20 July 2026
The industry has been reminded to contact customers through multiple channels after a life insurer failed to notify applicants of its decisions not to offer cover...
20 July 2026
Financial Advice Association Australia has hit out at the corporate regulator over a projected rise in 2025-26 levies...
20 July 2026
Only one in three Australians understands their life insurance and the benefits provided, a survey by the industry peak body has found...
13 July 2026
Australians are living longer but spending more of their later years managing chronic illness, according to research from life insurer Zurich...
13 July 2026
An insurer does not have to include a claimant’s sales commission earnings when calculating his income protection payments, the financial services ombudsman has ruled...
13 July 2026
Nominations have opened for this year’s Future2 grants program supporting community projects that improve financial wellbeing and literacy...
06 July 2026
Code changes alone will not address mental health claim cost pressures, Peter Kell has warned in wrapping up his review of the Life Insurance Code of Practice...
06 July 2026
A man who reduced his trauma cover but then wanted a higher claim payment has won a dispute before the financial services ombudsman, which says the insurer was partly responsible for a misunderstanding...
06 July 2026
Financial Advice Association Australia has introduced a risk adviser category in its awards program this year, recognising the growing importance of specialist life insurance guidance...
29 June 2026
The Federal Court has ordered Mercer Super to pay $10.3 million in penalties for failing to tell the corporate regulator about its internal investigations into significant issues...
29 June 2026
A claimant who argued his life insurer’s definition of cancer was too narrow has lost his bid for benefits...