![AMP chief executive Craig Meller: "These results were overshadowed by a poor performance in wealth protection."](/web/20170209152123im_/http://www.smh.com.au/content/dam/images/g/q/v/d/3/r/image.related.wideLandscape.620x349.gu96ix.png/1486621200340.jpg)
Life insurers feel the heat with AMP losses, Suncorp retreat
Life insurers are feeling the impact of the crisis engulfing the $44 billion sector, with AMP hitting shareholders with a $344 million full-year loss and Suncorp signalling it is considering exiting the sector altogether.