The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance....

Superannuation trustees have more work to do with their insurer to improve restrictive definitions, claims handling, and insurance data, according to the corporate regula...

Many of the objectives of the Government’s changes to insurance in superannuation may have been laudable but one of the outcomes has been higher premiums and higher costs...

The corporate regulator’s report on life insurance in superannuation found there was value for money in the products but it also highlighted areas that needed addressing,...

The latest Australian Prudential Regulation Authority has confirmed the value of group insurance within superannuation. ...

Some members would see an increase in premiums with an average increase of 30% while others would have significant reductions....

A lawyer has hit back at claims that insurance inside superannuation is not suitable for mental health conditions as it is “demonstrably incorrect”. ...

Men are significantly claiming more accidents than women, and women have more mental health claims, according to data. ...

Five terminal illness claims and two death claims have already been turned away by Hostplus for members unaware of the PYS changes and the fund believes this is just the ...

While ASIC’s TPD report is an important step to restoring consumer confidence there is still work to be done. ...

ASIC has found that 60% of ‘activities of daily living’ claims are declined and AMP, Asteron, and Westpac had decline rates higher than expected....