insuranceNEWS.com.au - Life Insurance

Premiums down across board, researcher finds

Mon, 24 Nov 2025 03:59:46 GMT

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

Mon, 24 Nov 2025 03:59:34 GMT

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

Mon, 24 Nov 2025 03:59:22 GMT

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

Mon, 24 Nov 2025 03:59:06 GMT

Financial Advice Association Australia named annual industry award winners at its conference last week...

PPS fills distribution head role

Mon, 24 Nov 2025 03:58:54 GMT

Specialist life insurer PPS Mutual has appointed Daniel Waller as head of distribution following the retirement of Brian Pillemer...

MetLife marks 20th anniversary

Mon, 24 Nov 2025 03:58:43 GMT

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

Mon, 24 Nov 2025 03:58:28 GMT

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

Mon, 17 Nov 2025 04:00:58 GMT

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

Mon, 17 Nov 2025 04:00:51 GMT

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

Mon, 17 Nov 2025 04:00:41 GMT

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%

Mon, 17 Nov 2025 04:00:15 GMT

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

Mon, 10 Nov 2025 03:50:57 GMT

The life industry must step up as mental health claims continue to rise, the Australian Financial Complaints Authority told a member forum last week...

Group premium class action to settle for $140 million

Mon, 10 Nov 2025 03:50:47 GMT

The parties in a class action over alleged overcharging of group insurance premiums have agreed to an in-principle settlement of $140 million...

Charges lawsuit reaches $22.5 million settlement

Mon, 10 Nov 2025 03:50:39 GMT

Life advice clients who alleged they were charged excess premiums have secured an in-principle settlement of $22.5 million, their law firm Shine Lawyers says...

Advice gap, psychological issues pile pressure on nation: CALI

Mon, 10 Nov 2025 03:50:28 GMT

Australia’s financial safety net is straining under the weight of mental health costs, according to research commissioned by the Council of Australian Life Insurers...

Stroke victim denied payout over ‘forgotten’ heart checks

Mon, 10 Nov 2025 03:50:16 GMT

A life policyholder who did not disclose cardiology tests has lost a dispute with his insurer before New Zealand’s insurance ombudsman...

TAL teams up to help those who ‘slip through the cracks’

Mon, 10 Nov 2025 03:49:47 GMT

TAL has partnered with mental health service provider SANE to support more vulnerable Australians...

ClearView ‘well placed’ after transformation program

Mon, 10 Nov 2025 03:49:39 GMT

ClearView Wealth says it has entered a new growth phase after exiting wealth management to focus on being a life insurer...

Adviser urges reform to tap youth market

Mon, 10 Nov 2025 03:49:08 GMT

A minimum commission to cover advisers’ costs and quicker application processes could widen access to life insurance for young people, according to Bombora Advice MD Niall McConville...

Mental illness strains safety net: actuaries

Mon, 03 Nov 2025 02:47:08 GMT

The Actuaries Institute has called for immediate action to reduce the burden of mental illness on the financial safety net that includes private life insurance and state-based workers’ compensation...