insuranceNEWS.com.au http://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2010 IFSA counts cost of life cover shortfall http://www.insurancenews.com.au/financial-services/ifsa-counts-cost-of-life-cover-shortfall http://www.insurancenews.com.au/financial-services/ifsa-counts-cost-of-life-cover-shortfall Underinsurance is rife in the life insurance sector and will cost the Federal Government an estimated $1.3 billion over the next decade, according to research…

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Mon, 08 Mar 2010 11:44:00 +1100
APRA finalises changes to life prudential framework http://www.insurancenews.com.au/financial-services/apra-finalises-changes-to-life-prudential-framework http://www.insurancenews.com.au/financial-services/apra-finalises-changes-to-life-prudential-framework The prudential regulator has finalised changes that allow it to supervise groups containing life insurers in the same way as it oversees general insurers…

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Mon, 08 Mar 2010 11:43:00 +1100
AIG sells life unit for $40 billion http://www.insurancenews.com.au/financial-services/aig-sells-life-unit-for-40-billion http://www.insurancenews.com.au/financial-services/aig-sells-life-unit-for-40-billion Crippled insurer AIG has sold its Asian life insurance portfolio as the repayment of US Government debt continues…

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Mon, 08 Mar 2010 11:42:00 +1100
Swiss Re urges more action on life insurance http://www.insurancenews.com.au/financial-services/swiss-re-urges-more-action-on-life-insurance http://www.insurancenews.com.au/financial-services/swiss-re-urges-more-action-on-life-insurance A Swiss Re expert has urged Australian life insurers to seize on the lessons of the global financial crisis to improve the promotion of life insurance…

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Mon, 08 Mar 2010 11:42:00 +1100