Income Protection.co.nz News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasn’t a factor, AMP’s Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industry’s job to kill preconceptions... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity, according... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and June 2012,... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store. The... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance sales,... read more

NSW Insurance broker suspended
May 22 :: A Menai-based insurance broking firm has had its licence suspended for seven months following surveillance conducted by the Australian Securities and Investments Commission (ASIC).... read more