INSURANCE

Life/Risk

Australian Life Insurance Distribution will be required to adhere to additional compliance conditions after ASIC found the company had failed to comply with several condi...

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Life/Risk

Both revenue and assets show decline in the most recent APRA life insurance industry data....

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Financial planning

Cancer-afflicted former DST Global Solutions Australian CEO Ian Mathieson sues company over failure to maintain insurance coverage....

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Financial planning

The company which delivered Australian financial advisers an application to run risk insurance quotes on both Apple and Android devices, Omnium, has launched a similar of...

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Life/Risk

Midwinter will be introducing a new addition to its insurance module which it claims will provide financial advisers with adequate research on legacy insurance products b...

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Life/Risk

Col Fullagar looks at the recent changes to the insurance definition of a heart attack and considers possible impacts on the financial advice process....

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Life/Risk

For insurers to survive and thrive they must pursue a program of continuous and customer-led innovation, writes Duncan West....

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Life/Risk

The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store....

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Life/Risk

Insurers and financial advisers must work together throughout the emotion-charged insurance claims process if they are to truly benefit the client and avoid the the frust...

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Life/Risk

APRA says it will consider granting insurers transition time to higher capital standards on a case-by-case basis....

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Life/Risk

Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance sal...

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Financial planning

Clients respect financial advisers who keep their expectations realistic in the face of market gyrations....

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Life/Risk

In order to address the issue of 'churning' in life insurance, the responsibility should fall on the underwriter to determine whether to continue with an insurance policy...

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Financial planning

Suncorp announces $275 million simplification push including decommissioning legacy policy systems....

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Policy & Regulation

Opposition Financial Services spokesman Mathias Cormann has paid credit to the Association of Financial Advisers's role in FOFA negotiations and reiterated his opposition...

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