Life Insurance

22 May 18, 11:39am
Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
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17 May 18, 10:59am
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
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16 May 18, 3:00pm
Life and health insurers spend 9% of their sales revenue on soft commissions for the advisers who sell their products; FMA warns of conflicts of interest
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3 May 18, 9:36am
ANZ NZ understands why the OIO blocked its planned sale of UDC, CEO David Hisco says, and still aims to sell the finance company but isn't in a hurry
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22 Mar 18, 1:17pm
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
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6 Mar 18, 11:47am
Government commits to reviewing archaic laws criticised for putting consumers on the back foot when dealing with insurers
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30 Nov 17, 3:48pm
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
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1 Nov 17, 5:02am
Fidelity Life board backs proposal for NZ Super Fund to inject new capital into the company through a $100 million deal  
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29 Sep 17, 9:15am
Sovereign customers warned AIA takeover could give incentivised advisers an in to encourage them to switch policies
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21 Sep 17, 10:57am
AIA reaches AU$3.8 billion agreement with ASB's parent CBA to buy Sovereign and CommInsure
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16 Aug 17, 11:16am
Lawyer concerned insurers' archaic practice of good faith risks seeing society take a backwards step when it comes to mental health awareness 
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9 Aug 17, 1:30pm
'Business as usual' for Sovereign while its Aussie parent considers selling it
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19 May 17, 10:43am
Independent complaints body warns: Don't cancel your old life insurance policy until the stand down period of your new one has lapsed
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10 Apr 17, 5:02am
ANZ keen to keep KiwiSaver business to itself, Group CEO Shayne Elliott says, as bank mulls future of its wealth operations
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9 Mar 17, 8:47am
Psychiatrists call for government review on the way life insurers treat people with mental illness; Underwriter explains extent to which industry goes to fairly assess possible risks of mental illness
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20 Feb 17, 4:12pm
Financial advisers' disclosure requirements to be dealt with by regulation not legislation; Govt seeks to remain flexible on the matter
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1 Nov 16, 12:19pm
Jenée Tibshraeny on how life insurance will continue to be 'sold' and not 'bought' without more transparency
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29 Sep 16, 9:11am
How opting for non-underwritten quick and easy life insurance could see you end up paying more for weaker cover
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5 Aug 16, 3:29pm
Suncorp still has reinsurance available to cover its February 2011 Canterbury earthquake costs, unlike its competitors
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6 Jul 16, 2:02pm
Churn, trips to Vegas, and high upfront commissions in the life insurance sector, but what about the banking sector?
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