ASIC sends warning to insurers
The corporate watchdog is vowing to put a microscope over the entire life insurance sector using in-depth data.
FSC's Loane regrets bungled claims
The peak body for life insurers admits consumers have been let down and their trust shattered following recent scandals around claims mishandling.
ANZ, NAB review life after CBA scandal
CBA's life insurance scandal has sent shockwaves through the industry, prompting other industry giants to review declined claims and out of date policy definitions.
Insurers give thumbs up to CTP review
NSW compulsory third party insurance has been a problematic area for insurers in the past two years as claims soar.
CBA told to 'start taking ethics seriously'
The peak body representing retail shareholders in Australia has called for the Commonwealth Bank to "start taking ethics seriously".
Nothing to see here, BT boss tells staff
Commonwealth Bank's life insurance unit may be reeling from its now tainted claims record, but others in the industry are also seeking to gu...
Nomura scores role in Macquarie Life deal
Expect to see Nomura's name back in the announced M&A; league table after the Japanese bank steered Zurich Australia's acquisition of Macquar...
Private insurers left to bear $5b in cyclone costs
The government is likely to resist pressure from insurers to cover cyclones risks in northern Australia after a report said it could cost $5...
Liberal MP rejects his party's life insurance reforms
Liberal MP Bert van Manen has dumped on his own party's plans to change rules governing the way life insurance advisers are paid.
ANZ considered wealth unit IPO
ANZ Banking Group has ruled out a near term spin-off and listing of its life insurance and wealth business and will instead look to sell the...
