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Life Insurance

Life industry faces 'rough ride' from pandemic disruption: S&P

30 March 2020

Australia's life insurers and its Asia Pacific counterparts are in a for a "rough ride" as the coronavirus pandemic wreaks havoc on the global financial markets, S&P Global Ratings has warned...

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TAL changes underwriting guidelines to reflect pandemic risk

30 March 2020

New TAL life policyholders may be offered "modified terms" after the insurer moved to change its underwriting guidelines to take into account risks arising from the coronavirus pandemic...

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TAL waives pandemic exclusion from super-linked policies

30 March 2020

TAL has agreed to waive the pandemic exclusion that comes with policies that are sold through its four superannuation funds partners – TWU Superannuation Fund, NGS Super, UniSuper and Prime Super...

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WA adviser hit with four-year ban

30 March 2020

A WA adviser has been banned from the industry for four years over his failure to comply with financial services laws...

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Challenger moves to cushion life business from virus fallout

30 March 2020

Challenger has announced measures to ensure its life business is sufficiently capitalised to weather the financial market volatility caused by the coronavirus pandemic...

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Early super offer 'could leave some uninsured'

30 March 2020

Australians taking up an offer to access up to $10,000 of their retirement savings tax-free this year are advised to be careful not to trigger automatic cancellation of their superannuation insurance...

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AMP withdraws guidance, says Life sale on track

30 March 2020

AMP has withdrawn the earnings guidance it issued just last month, but says the sale of its life insurance business is still on track to be completed by the end of June...

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