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AMP Bank to simplify fees and products
AMP Bank, the banking arm of Australia’s biggest wealth manager, is revamping its savings products in an effort to provide a...
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Life industry damaged by royal commission
The widespread allegations of misconduct have further damaged an industry whose reputation was already tarnished according to a new...
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AMP sells life insurance business at a discount: Shares fall 24%
Troubled wealth manager AMP said it will sell its Australian and New Zealand life insurance business to London-based insurance...
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General insurance industry bounces back
This year was a a ‘bounce back’ year for the general insurance industry as top line growth was relatively strong and claims...
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Home & Motor pricing resilient
In a note released on Tuesday, Morgan Stanley analyst Daniel Toohey said September quarter numbers showed a modest rise in pricing...
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Allianz altered external reports and may have breached regulatory standards
Allianz has ended its bruising cross-examination at the financial services royal commission with admissions from chief risk officer...
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Reconciling QBE comments with the numbers proves tricky
QBE Insurance Group’s share price on Friday clawed back recent losses following investor fears that the insurer ...
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Life insurers admit to using dodgy medical definitions
Eight of the 10 life insurers at the heart of the insurance bracket of financial services royal commission hearings have come clean...
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IAG and Suncorp see massive spike in small peril claims
In a disappointing surprise for investors, Insurance Australia Group and Suncorp Group delivered their worst half of small...
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Vulnerable customer exploitation takes centre stage at royal commission
The exploitation of vulnerable customers has rocked the financial services royal commission's 51st day in action.
Now...
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Australia sees world's biggest price rise for commercial insurance
The Marsh composite index shows Australia is riding the strongest commercial insurance pricing tailwinds in the world.
...
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Suncorp's life insurance sale starts
Suncorp Group has started its $725 million sale of its life insurance business to TAL Dai-ichi Australia under a share sale...
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