ASIC plays with insurance populism
ASIC is creating a jackpot of claims payouts at the cost of an unsustainable private disability insurance market.
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ASIC says life insurance code would be stronger with regulator backing
Industry self-regulation of the life insurance industry will work, says the Financial Services Council.
Insurers forced to 'pay to play': ClearView
Listed insurer ClearView claims insurance companies pay millions of dollars a year in shelf-space fees to appear on product lists.
ASIC clears CommInsure of pressuring GPs
The Commonwealth Bank's life insurance arm, CommInsure, has been cleared in a second major report.
Share data with consumers or it could dry up
Governments, banks, energy suppliers, supermarkets and other holders of customer's personal data need to change the way they look at data to maintain their social licence to hold it, the head of the Productivity Commission says.
Nib boss eyes 1970s health fund participation
Nib shares rose 8 per cent in early trading after the health insurer bucked the industry trend of falling policyholders.
Government urged to move on outdated insurance products
The government must pursue insurance legacy product rationalisation more vigorously.
Australians tap super funds for insurance
Around 800,000 Australians plan to make changes to their life insurance over the next two years without a financial adviser.
Westpac cleared on claim rejections
None of BT's 141 rejected total and permanent disability claims over the past three years were incorrectly denied, a review has concluded.
What's driving the life insurance M&A surge
The trend towards foreign buyers entering the Australian market will continue as regulatory headwinds grow.
