insuranceNEWS.com.au - Life Insurance

Competition commission probes Zurich-ClearView deal

Mon, 27 Apr 2026 04:00:02 GMT

Zurich Financial Services’ move to buy listed life insurer ClearView Wealth is being assessed by the competition watchdog...

Insurer wrong to apply tumour exclusion, ombudsman says

Mon, 27 Apr 2026 03:59:49 GMT

A policy exclusion for pituitary gland tumours does not apply to a man who had brain surgery, the financial services ombudsman has ruled...

Advisers back education revamp with call for quick change

Mon, 27 Apr 2026 03:59:34 GMT

Financial advisers want the federal government to move “as soon as possible” on a revamp of the profession’s education requirements...

APRA consults on reporting standard updates

Mon, 27 Apr 2026 03:59:23 GMT

The Australian Prudential Regulation Authority is seeking feedback on proposed changes to three life reporting standards as part of its move to a new data collection system...

ALUCA reveals awards finalists

Mon, 27 Apr 2026 03:59:07 GMT

Contenders for the Australasian Life Underwriting and Claims Association’s annual excellence awards have been chosen...

Challenger sees ‘strong momentum’ in Q3

Mon, 27 Apr 2026 03:58:43 GMT

Wealth manager Challenger’s life business delivered a 19% rise in sales to $1.7 billion for the third quarter...

TAL to ‘accelerate’ cloud, AI use with Microsoft

Mon, 27 Apr 2026 03:58:33 GMT

TAL has made more investments in artificial intelligence under a new five-year partnership with Microsoft, expanding the two companies’ working relationship...

Lawyers warn of rise in sport concussion claims

Mon, 20 Apr 2026 04:57:15 GMT

Insurers face “evolving implications” as medical understanding of head injuries linked to contact sports improves, Barry Nilsson says...

Customer told to settle overpayment after double dip

Mon, 20 Apr 2026 04:57:06 GMT

An insurer was correct to pause income protection payments once it discovered a policyholder was also receiving compulsory third party benefits, the industry ombudsman has ruled...

Financial services bodies back adviser education overhaul

Mon, 20 Apr 2026 04:56:57 GMT

The federal government’s proposed reform of adviser education requirements has won the backing of the Joint Associations Working Group – a bloc of 11 financial services and advice peak bodies...

Future2 programs ‘making a real difference’

Mon, 20 Apr 2026 04:56:45 GMT

The Future2 Foundation says its annual grant program supported more than 1200 people last year...

Upper house gives final nod to genetic testing law

Mon, 13 Apr 2026 05:04:49 GMT

Life insurers will be banned from using genetic test results for underwriting purposes after the Senate voted to pass legislation implementing the reform...

Industry mental health stance a backwards step, reviewer says

Mon, 13 Apr 2026 04:34:41 GMT

Life insurers’ proposed changes to mental health cover represent “a step back” from the industry’s current commitments, code reviewer Peter Kell says in an interim report...

Crash injuries ‘caused by crime, not epilepsy’

Mon, 13 Apr 2026 04:34:34 GMT

A driver who was jailed after a high-speed car crash has lost a claim dispute that hinged on whether his injuries were caused by an epileptic seizure or criminal activity...

AIA tool ‘overcomes barriers’ to group insurance transfers

Mon, 13 Apr 2026 04:34:23 GMT

AIA has introduced a tool that aims to streamline insurance administration for financial advisers moving clients’ super into a platform account...

TAL backs annual consumer finances index

Mon, 13 Apr 2026 04:34:16 GMT

TAL has partnered with research house McCrindle to study consumers’ financial planning and preparedness...

Court backs $140 million group ‘overcharging’ settlement

Mon, 30 Mar 2026 03:40:35 GMT

The Federal Court has approved a $140 million settlement to a class action alleging overcharging of group insurance premiums...

Zurich revises cover for AFL players amid concussion ‘uncertainty’

Mon, 30 Mar 2026 03:40:27 GMT

Zurich has confirmed changes to its group insurance program for Australian Football League players after media reported it no longer includes head trauma...

AFCA rules out more compensation for widow

Mon, 30 Mar 2026 03:40:18 GMT

TAL and super fund IOOF adequately compensated a widow for delays assessing a terminal illness benefit, the financial services ombudsman has ruled...

Genetic test ban awaits Senate nod

Mon, 30 Mar 2026 03:40:07 GMT

Australia is close to banning the use of genetic test results in life insurance underwriting after proposed laws cleared the House of Representatives last week...