TAL to take minority stake in Challenger
07 April 2025
Life insurer TAL has agreed to buy MS&AD Insurance Group Holdings’ 15.1% stake in listed Australian wealth group Challenger for ¥80 billion ($909.28 million)...
07 April 2025
Life insurer TAL has agreed to buy MS&AD Insurance Group Holdings’ 15.1% stake in listed Australian wealth group Challenger for ¥80 billion ($909.28 million)...
07 April 2025
iExtend has appointed Michael Hull as COO, welcoming his “extensive and broad” business background...
07 April 2025
Life industry insurtech UnderwriteMe has appointed Andrew Doran as CEO...
31 March 2025
A review of life insurers’ compliance with the industry code of practice has found improvements and areas requiring further attention...
31 March 2025
Financial Advice Association Australia has criticised last week’s federal budget, saying it provides “very little for financial services, let alone financial advisers” and fails to address the rising cost of providing advice...
31 March 2025
A regulator’s review of the superannuation industry’s death benefit claims handling has found failings including excessive delays, bad customer service and ineffective procedures...
31 March 2025
An adviser lobby group has attacked the federal government’s next tranche of advice reforms, saying the proposals are “pretty disappointing” after more than three years of work to improve accessibility and affordability of financial help...
31 March 2025
Queensland adviser Grant Thomson has been banned from providing financial services for five years after he recommended levels of insurance coverage that incorporated mortgages clients had yet to obtain...
24 March 2025
The federal government has begun consulting on proposed laws comprising the second tranche of its financial advice reforms...
24 March 2025
Financial Advisers Association Australia has raised concerns over the proposed ban on the use of genetic test results in life underwriting...
24 March 2025
AIA has urged the federal government to consider tax incentives to encourage take-up of life insurance and related financial advice...
24 March 2025
Life insurers may need a better way of explaining how stepped premiums are calculated, the Australian Financial Complaints Authority told a member forum...
24 March 2025
Super Consumers Australia has called for a review of group insurance to “close the gaps” in service...
17 March 2025
The corporate regulator has taken legal action against AustralianSuper over its alleged failure to process and pay thousands of death benefit claims “as soon as practicable”...
17 March 2025
A policyholder who argued his life insurer should pay $500,000 for lost investment earnings after overcharging his premiums has lost a case before the Australian Financial Complaints Authority...
17 March 2025
The proposed ban on the use of genetic test results in life underwriting should start immediately after federal parliament passes the draft bill, consumer advocates say...
17 March 2025
Reinsurance Group of America says Alissa Holz will become CEO for Australia and New Zealand next month...
10 March 2025
Life insurers will no longer ask questions about sexual preferences and practices during underwriting assessments, under changes to the industry’s code of practice...
10 March 2025
The Council of Australian Life Insurers will hold a conference in Sydney next month – its first since the peak body was formed in 2022...
10 March 2025
MLC Life Insurance head of group claims Tamara Bailey has urged the industry to do more to address women’s insurance needs...