CALI taps veteran leader for key life code role
New hire emphasises strong code of practice in the sector
Source: insurancebusinessmag.com
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Insurance News – Australia life insurance industry to surpass $30 billion in 2028, forecasts GlobalData
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Source: livenews.co.nz
ASIC, APRA slam premium hikes
Life insurers are underhandedly hiking premiums in a way that is misleading and fails to explain why they are rising, according to APRA and ASIC, warning that they will take regulatory action if practices do not improve.
Source: financialstandard.com.au
Australian life insurers embrace government consultation on genetic test use in insurance
The life insurance sector in Australia has expressed strong support for the Federal Government's recent move to initiate a consultation paper aimed at...
Source: proactiveinvestors.com.au
Treasury mulls reforming use of genetic test results by life insurers
Treasury is calling for feedback on the use of genetic testing in life insurance underwriting, citing concerns the existing moratorium is ineffective, negatively impacting medical research efforts, and a lack of compliance from insurers.
Source: financialstandard.com.au