Investment, risk product results drag on sector profit
01 December 2025
The life industry reported lower earnings in the September quarter as investment returns slumped and key risk products performed weakly...
Life Insurance
Senators weigh genetic test ban
01 December 2025
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
01 December 2025
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
01 December 2025
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
01 December 2025
Senators passed a bill last week amending “wording issues” in financial adviser qualification laws...
Peak body launches academy
01 December 2025
Financial Advice Association Australia has established a training centre to address the shortage of advisers...
ClearView completes move to cloud platform
01 December 2025
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’
01 December 2025
MetLife is striving to address the underinsurance challenge facing Australia, according to president and CEO Michel Khalaf...
Premiums down across board, researcher finds
24 November 2025
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
24 November 2025
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
24 November 2025
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
24 November 2025
Financial Advice Association Australia named annual industry award winners at its conference last week...
PPS fills distribution head role
24 November 2025
Specialist life insurer PPS Mutual has appointed Daniel Waller as head of distribution following the retirement of Brian Pillemer...
MetLife marks 20th anniversary
24 November 2025
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
24 November 2025
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”...
Stella partners with Zurich to launch ‘female-focused’ life cover
17 November 2025
Stella Insurance, which specialises in cover tailored for women, says it will partner with Zurich to distribute life insurance in Australia from January...
Film worker wins disability payment dispute
17 November 2025
A film production worker has won a disability payment dispute and will receive compensation after showing she worked more hours than the insurer accepted...
Roundtable examines ‘profound’ rise in mental health claims
17 November 2025
Zurich this month hosted a third roundtable to discuss trends in the diagnosis and treatment of mental health conditions...
CSLR 2027 levy estimate up a ‘staggering’ 82%
17 November 2025
The Compensation Scheme of Last Resort estimates it will require at least $137.5 million to pay eligible claims in the year to June 2027...
Mental health claims ‘too hard, too slow’, AFCA warns
10 November 2025
The life industry must step up as mental health claims continue to rise, the Australian Financial Complaints Authority told a member forum last week...