insuranceNEWS.com.au - Life Insurance

Industry profit, underwriting result drop

Mon, 31 Aug 2026 04:24:19 GMT

The life industry made a $318 million after-tax net profit from continuing operations in the June quarter, down from $374 million a year earlier, according to a prudential update...

AFCA clears insurer’s response to communication error

Mon, 31 Aug 2026 04:24:11 GMT

The industry ombudsman has backed a superannuation trustee that failed to tell a member a $225,000 increase in her total and permanent disability cover was subject to exclusions...

Asteron Life continues NZ board shuffle

Mon, 31 Aug 2026 04:23:24 GMT

Asteron Life NZ has appointed four non-executive directors as parent Acenda Group moves to combine the insurer with Resolution Life New Zealand...

NZ activists seek end to genetic profiling in underwriting

Mon, 31 Aug 2026 04:23:04 GMT

MPs passed legislative changes in 2024, but no follow-up consultation on regulations has occurred...

Monvia salutes big year for revenue, strategy

Mon, 31 Aug 2026 04:22:39 GMT

Life insurance software provider Monvia says 2025-26 was “a defining year” as earnings outperformed expectations ahead of the business listing last month on the Australian Securities Exchange...

NobleOak looks to ‘next growth phase’ as earnings surge

Mon, 31 Aug 2026 04:22:05 GMT

NobleOak Life says growing partnerships is among its priorities in coming months as it builds on its FY26 financial performance...

GDG life business ‘delivers record year’

Mon, 31 Aug 2026 04:21:48 GMT

Financial services company Generation Development Group has posted a 21% rise in full-year underlying net profit to $40.7 million and a 23% increase in revenue to $178.7 million...

TAL joins skin cancer awareness drive

Mon, 31 Aug 2026 04:21:11 GMT

The Cancer Council and TAL will roll out a youth-focused sun safety media campaign in November under a new three-year partnership tackling skin cancer...

‘Big step’: Mulino moves on new class of adviser

Mon, 24 Aug 2026 04:38:05 GMT

A new class of life adviser will be created under the federal government’s Delivering Better Financial Outcomes reform...

Zurich upbeat after sealing deal on ClearView

Mon, 24 Aug 2026 04:37:57 GMT

Zurich says finalising its acquisition of ClearView Wealth is an “exciting moment” for the insurer...

Adviser’s non-disclosure put policyholder at risk: AFCA

Mon, 24 Aug 2026 04:37:05 GMT

An advice company that did not disclose a client’s medical history when arranging insurance must compensate the woman after her claim was denied...

Challenger earnings rise on strong life sales

Mon, 24 Aug 2026 04:36:54 GMT

Listed wealth manager Challenger has posted a full-year normalised net profit after tax of $468 million, up 3% on 2024-25...

TAL elevates GM to chief customer officer

Mon, 24 Aug 2026 04:36:40 GMT

TAL consumer and growth GM Alexis Denby will become chief customer and health officer from October 1...

AIA teams with Beyond Blue on mental health intervention

Mon, 24 Aug 2026 04:36:21 GMT

AIA has announced a partnership with mental health advocate and support group Beyond Blue...

Disability pensioner left in dark over funeral cover premium rises

Mon, 17 Aug 2026 03:48:21 GMT

A funeral insurance customer who was not told her policy had stepped premiums will receive a partial refund...

Acenda names new Asteron Life chair ahead of group shake-up

Mon, 17 Aug 2026 03:48:07 GMT

Acenda Group says experienced leader Barbara Chapman will become chair of Asteron Life New Zealand next month...

TAL ‘evolving’ to meet growing mental health challenge

Mon, 17 Aug 2026 03:47:55 GMT

TAL says mental illness is an “era-defining priority” as more Australians experience depression and other psychological ailments...

Code monitor to probe income payment delays, IDR

Mon, 10 Aug 2026 04:50:52 GMT

Inquiries into income benefit payment delays and internal dispute resolution processes will begin in coming months after a surge in life code breaches...

Income rule means no benefit for unlucky attack victim

Mon, 10 Aug 2026 04:50:44 GMT

The victim of an unprovoked assault will not receive a payout for missing work because he did not have positive income during his policy period, the industry ombudsman has ruled...

New adviser aims to plug protection gap

Mon, 10 Aug 2026 04:50:34 GMT

Property-focused InvestorKit Group has expanded into insurance with the launch of Solace Life...