31 August 2016 — Life Insurance News 0

AMP wins Life Insurance Company of the Year award

At the 13th Australian Insurance Industry Awards hosted by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Asia Insurance Review AMP was announced Life Insurance Company of the Year. The judges indicated that the award recognized the focus by AMP on...

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05 August 2016 — Life Insurance News 0

Many Australians have poor understanding of insurance risks

An international survey commissioned by Zurich has found that Australians tend to underestimate the risk of death, illness or disability compared to consumers in other developed countries and this is reflected in low levels of life insurance cover. The Oxford University study found that 47% of...

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04 March 2016 — Life Insurance News 0

Zurich Buys Macquarie Life

Zurich Australia Limited has announced that it has agreed to acquire the Macquarie Life insurance business from the Macquarie Group. The transaction, which is subject to regulatory and court approvals, is expected to be completed in the second half of 2016. Under the deal the Australian-based...

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18 December 2015 — Life Insurance News 0

TAL Launches Health Sense – up to 15% discount

TAL has announced a new program which rewards customers who follow a healthy lifestyle. “Health Sense” provides new customers of TAL’s Accelerated Protection range with discounts if their Body Mass Index (BMI) falls within a defined range. The Health Sense range for BMI is between 19...

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01 December 2015 — Life Insurance News 0

AIA Vitality increases discount to 12.5%

From 1st December 2015 customers who take out Vitality with their life, TPD and trauma insurance will enjoy a 12.5% initial discount on their premiums. This is compared to 7.5% previously. Vitality members will also be entitled to new benefits and rewards. Vitality have teamed up...

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23 November 2015 — Life Insurance News 0

MLC “On Track” gives away free smartwatches

MLC have launched a new wellness program called “On Track” which encourages clients to live an active, healthy life, as well as have the opportunity to receive a discount of up to 10% off their premiums for the life of their policy. Clients purchasing a new...

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28 October 2015 — Life Insurance News 0

Nippon Life purchases 80% of MLC

Japan’s largest life insurance company, Nippon Life, has entered into a deal with National Australia Bank to buy 80% of the MLC life insurance business for $2.4 billion. NAB will retain the remaining 20% of the business. The new partnership is expected to take effect in...

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14 September 2015 — Life Insurance News 0

TAL & Zurich win top Canstar Awards

Every year Canstar produces their Star Ratings Report for the Life insurance industry.  It is a mammoth research project comparing the policies offered by 13 insurance companies for term life, trauma, TPD and income protection cover. The results for 2015 have TAL and Zurich taking the...

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