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Life/Risk
Despite some improvements in risk product profits, group lump sum and group disability income insurance made losses over the year to September. ...
Life/Risk
Disability income product clients are choosing to hang on to existing policies at a higher rate than previously, according to DEXX&R....
Features
The life insurance industry’s losses have stemmed mostly from unsustainable income protection products, Jassmyn Goh writes, but will the new products help end bad habits?...
Life/Risk
While investment market performance boosted the industry’s financial performance to $1 billion in FY21, individual disability income insurance continued to report losses....
Life/Risk
New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...
Life/Risk
While individual disability income insurance products recorded a loss of $0.3 billion over the year to end March, 2021, this was a $1.1 billion improvement on last year’s...
Life/Risk
The Australian Prudential Regulation Authority has used its 2020 Year in Review to point to the profitability struggles of the life insurance industry....
Life/Risk
From 1 October life insurance companies will be subject to upfront capital penalties until the Australian Prudential Regulation Authority is assured they have taken adequ...
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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....