insuranceNEWS.com.au - Life Insurance

Industry urged to improve support for Indigenous customers

Mon, 08 Dec 2025 03:34:40 GMT

The Life Code Compliance Committee has found gaps in support for Indigenous customers after a review of three insurers that represent two-thirds of the market...

No refund for ‘understandably upset’ funeral policyholder

Mon, 08 Dec 2025 03:34:33 GMT

A customer who paid more in funeral insurance premiums than she could receive in benefits has lost her bid for a refund...

Regulator reveals financial adviser exam results

Mon, 08 Dec 2025 03:34:25 GMT

The Australian Securities and Investments Commission says 308 people sat last month’s financial adviser exams and 67.5% of them passed...

NZ adviser ‘misled clients’ for commission benefit

Mon, 08 Dec 2025 03:34:03 GMT

Christchurch-based Hope Group Limited’s licence has been cancelled after regulators found “serious conduct issues” involving its sole director and financial adviser Junpu Wang...

TAL rolls out client dashboard

Mon, 08 Dec 2025 03:33:39 GMT

TAL has launched a digital tool to help advisers manage their clients’ policies...

Investment, risk product results drag on sector profit

Mon, 01 Dec 2025 04:07:18 GMT

The life industry reported lower earnings in the September quarter as investment returns slumped and key risk products performed weakly...

Senators weigh genetic test ban

Mon, 01 Dec 2025 04:07:12 GMT

Legislation outlawing the use of genetic test results in life underwriting will be examined by senators after being introduced in federal parliament last week...

Cbus trustee penalised $23.5 million for claims delays

Mon, 01 Dec 2025 04:07:05 GMT

Superannuation fund trustee United Super has copped a $23.5 million penalty over delays processing death and disability insurance claims...

Licence frozen over ‘key person’ breach

Mon, 01 Dec 2025 04:06:55 GMT

Focused Financial Advice’s licence has been temporarily suspended after it failed to notify the corporate regulator of changes to its “key person and responsible manager” arrangement...

Advisers relieved at fix to qualifications rule

Mon, 01 Dec 2025 04:06:33 GMT

Senators passed a bill last week amending “wording issues” in financial adviser qualification laws...

Peak body launches academy

Mon, 01 Dec 2025 04:06:20 GMT

Financial Advice Association Australia has established a training centre to address the shortage of advisers...

ClearView completes move to cloud platform

Mon, 01 Dec 2025 04:06:11 GMT

ClearView Wealth has finished moving its in-force portfolios to a new insurance platform, wrapping up slightly ahead of schedule...

MetLife working to ‘remove friction’

Mon, 01 Dec 2025 04:06:02 GMT

MetLife is striving to address the underinsurance challenge facing Australia, according to president and CEO Michel Khalaf...

Premiums down across board, researcher finds

Mon, 24 Nov 2025 03:59:46 GMT

Life premiums sold both direct and through advisers have fallen over the past year, according to research house Rainmaker Information...

Cancer patient loses claim dispute over disclosure failure

Mon, 24 Nov 2025 03:59:34 GMT

A woman with lung cancer has lost her bid for a life insurance payout after she failed to disclose medical tests she had...

Regional premium tipped to top $2 trillion

Mon, 24 Nov 2025 03:59:22 GMT

Written life premium in the Asia-Pacific market is forecast to rise to $US1.6 trillion ($2.48 trillion) in 2029 from $US1.2 trillion ($1.86 trillion) this year, according to GlobalData...

Advisers celebrate profession’s top performers

Mon, 24 Nov 2025 03:59:06 GMT

Financial Advice Association Australia named annual industry award winners at its conference last week...

PPS fills distribution head role

Mon, 24 Nov 2025 03:58:54 GMT

Specialist life insurer PPS Mutual has appointed Daniel Waller as head of distribution following the retirement of Brian Pillemer...

MetLife marks 20th anniversary

Mon, 24 Nov 2025 03:58:43 GMT

MetLife Australia is celebrating 20 years since launching in the country by recognising the contributions of its partners and customers...

Compare Club eyes life expansion

Mon, 24 Nov 2025 03:58:28 GMT

Compare Club aims to expand its life insurance operations, with EGM Brendan See saying acquisitions of intermediaries are a “core part of our growth strategy”...