Swiss Re Institute’s new study forecasts global life savings premium to grow to USD 4 trillion by 2033

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Swiss Re Institute has released A retirement lifeline: Capturing the insurance opportunity in the private savings market, a publication that highlights the opportunity for life insurers to become a lifeline for global... Read more continue reading

Australian insurers rethink shifts in investment strategies driven by inflation and rising rates, new report finds

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Janus Henderson Investors (ASX / NYSE: JHG) has released key findings from its 2023 Janus Henderson Insurance Asset Management Report. The research report offers a deep dive into the evolving... Read more continue reading

MLC Life Insurance launches new cancer screening support

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MLC Life Insurance has announced a new addition to its award-winning Vivo program, the Aware questionnaire by Osara Health. This revolutionary 2-minute questionnaire is designed to encourage cancer screening and... Read more continue reading

CPD: Responsible underwriting 2.0, creating trust, affordability, and claims confidence

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Introducing responsible underwriting 2.0 When viewed from a technical perspective, it is tempting to characterise life insurance as revolving almost entirely around the interplay between product design, pricing, underwriting and... Read more continue reading

Life insurance profits double, premiums rise, KPMG industry review shows

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Australia’s life insurance industry doubled its profits to $1.2bn in the 12 months to 30 June 2023, KPMG’s annual market review reveals. The cost of premiums for individual-advised disability income... Read more continue reading

BlackRock study: Global insurers adapting to the new market regime

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Global insurers are adapting to a challenging macro environment in 2023, according to BlackRock’s 12th annual Global Insurance Report. To do so, they are adopting a strategic asset allocation (SAA)... Read more continue reading

MLC Life Insurance launches new retail pricing campaign

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In an environment of rising household costs and affordability pressures, MLC Life Insurance has launched a campaign to promote its competitive new business pricing. The campaign highlights the value being... Read more continue reading

MLC Life Insurance welcomes Albanese Government support for life insurance covering 24 million Australians

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As Treasury opens consultation on its draft legislation for the objective of superannuation, MLC Life Insurance has welcomed the government’s commitment to insurance in super, underlining its importance to helping... Read more continue reading

The Council of Australian Life Insurers launches ReCALIbrate: A chance for women to reshape life insurance

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On 6 September 2023, the Council of Australian Life Insurers (CALI) launched ReCALIbrate: a chance for women to reshape life insurance. The inaugural program will provide $2,000 grants to five... Read more continue reading

MLC Life Insurance first Australian insurer to offer AI-guided mental health support

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MLC Life Insurance continues to improve its total customer experience, as the first Australian life insurer to offer customers AI-guided mental health support, and the first in the world to... Read more continue reading