December 2024
NAB offloads rest of MLC to Nippon, new life insurer Acenda created
MLC Life Insurance will merge with the local subsidiary of Resolution Life to create Acenda, after Nippon Life bought Resolution for $US8.2 billion.
May 2024
‘I spent four months in and out of hospital thanking my old boss for this advice’
After a potentially life-threatening gallbladder condition, Jessica Brady has two goals: Listen to her body, and make sure young people are prepared for the worst.
August 2023
Labor inaction leaves customers wasting money on insurance
The delays by Stephen Jones are leaving Australians stranded in unnecessarily expensive life insurance products or without cover they need, industry warns.
February 2021
How to reduce income protection costs as premiums soar
If you’re facing an increase of up to 70 per cent, you’re not alone. We outline ways to save by working out which features are essential.
December 2020
Pemba-owned Coverforce’s top brass plots MBO
There’s a potential shake-up on the way at the top of Australia’s largest privately owned insurance broker Coverforce.
'Paying for junk': Super insurance gets mixed review
Australians fork out more than $4.1b a year from their super for insurance, APRA says, but value for money can be very hit and miss.
September 2020
Why am I paying insurance commissions and getting no advice?
Reputable firms should be cutting premiums under a fee-for-service arrangement, writes John Wasiliev who answers your questions on super.
New Zealand makes climate reporting compulsory
The island country has become the first in the world to make climate risk reporting mandatory for banks, asset managers and insurers.
February 2020
Hutchison wharves shut down over union insurance, automation
Wharfies will strike for 24 hours over a union income insurance fund that Hutchison complains is triple the cost of the union's own industry fund policy.
Insurers take a dose of the banking blues
In the post-Hayne world, CBA is leading the recovery. But the insurers, faced with a series of external factors, continue to languish.
July 2019
ETU accused of $17m 'wage theft' as IR bill up for vote
The Morrison government has accused the Electrical Trades Union of engaging in millions of dollars in "wage theft" through its worker entitlement fund as it seeks to pass legislation to regulate the funds.
May 2019
ASIC chalks up early win with AMP admission over rewriting polices
The wealth giant has admitted some of its financial planners churned customers into similar, new insurance policies so they could claim higher commissions.