Rising Income Protection costs cause APRA to warn insurers
In an open letter to all life insurers and friendly societies, the Australian Prudential Regulatory Authority (APRA)…
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ASIC and APRA release individual insurance company claim statistics
APRA and ASIC have combined to release claims data for individual life insurance companies. This follows the…
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TAL wins top Life Insurance Company Award for second year running
TAL have received the prestigious 2018 Insurance Company of the Year Award from Strategic Insight and the…
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Premium Relief for those affected by Floods and Bushfires
The same four insurers who announced premium relief to drought affected farmers in NSW and Queensland have stepped…
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Insurers need to pay claims faster, according to consumer reviews
Analysis of hundreds of reviews left on the Insurance Watch website over the last 12 months has…
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OnePath and ClearView top 2018 Consumer Choice Awards
Consumers have voted OnePath as overall winner and ClearView as runner-up in the 2018 Consumer Choice Awards….
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AMP sells its Australian Life Insurance business to Resolution Life
After a 169 year history of providing life insurance in Australia, AMP has announced it will quit…
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Banks vacate the Life Insurance Market as Overseas Insurers move in
Even before the 2018 Royal Commission began, dramatic changes were afoot in the Australian life insurance market….
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Premium relief for farmers offered by two more insurers, AIA and Zurich
Zurich and AIA have announced premium waivers for drought affected farmers. They join TAL and OnePath who…