Life Insurance
Life insurance company admits to misleading customers on inflation adjustments
The life insurance company Cigna has admitted making false and misleading representations to customers, in court proceedings brought by the Financial Markets Authority.
AMP Life 'zombie sale' angers policyholders, calls for review
There are calls for an urgent review of the Insurance Act after the recently approved sale of AMP Life to a tax haven-based life insurance owner that specialises in buying so called 'zombie funds'. Audio
Largest life insurers working to lift trust after report
Life insurers need to do more to be trusted by consumers, if they want more people to buy their policies. Audio
AMP Life sale in jeopardy after regulator refuses to approve deal
The sale of AMP's New Zealand and Australia life insurance businesses to a British company is in jeopardy after the RBNZ refused to give its approval. Audio
Insurance crackdown may not stamp out bad behavior: CEO
As the government moves towards a crackdown on sales incentives offered by life insurance companies, the Chief Executive of one insurer is warning this may not stamp out bad behavior detrimental to… Audio
Life insurance industry slammed for prioritising profits over people
A damning report into the life insurance sector has found some cases where people were charged for expired policies or sold policies they didn't need. Kim Savage reports. Audio
Impact of AMP's life insurance exit
AMP's managing director Blair Vernon on all the changes ahead, including selling on AMP's life insurance business in NZ and plans to spin out its New Zealand wealth management arm, through an initial… Audio