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Life Insurance

Premium rises ‘no way to grow’ industry

06 May 2024

TAL Group CEO Brett Clark has urged life insurers to be less reliant on premium increases to grow, while regulator Suzanne Smith warns the industry faces many challenges that require an “adapt and innovate” mindset...

TAL launches ethics courses for advisers 

29 April 2024

TAL is introducing four new courses for advisers on navigating conflicts, ethical dilemmas, recent client determinations and how embedding ethics can shape their advice and daily business...

APRA details life claims

22 April 2024

The Australian Prudential Regulation Authority has released life claims statistics for last year...

Insurer made to pay for TPD claim delays 

22 April 2024

The Australian Financial Complaints Authority has awarded a policyholder $2000 compensation after finding her insurer has taken too long to assess a total and permanent disability claim...

Further rise in code breaches sparks concern 

15 April 2024

The Life Insurance Code Compliance Committee says the industry needs to step up after breaches rose for the third straight year, growing 9% to 12,314 for the 2022-23 reporting period...