Sat, 4th Apr 2026

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 4th Apr 2026" was published on April 3, 2026.

April 3, 2026 · Insurance News Wrap

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Summary

In this week's Financial Services Online insurance news wrap-up, AIA Australia reshuffles its leadership in an effort to refine their group insurance products, including the appointment of new chief Chris Healey and the creation of a new division for super fund partnerships. Meanwhile, the merger of MLC Life and Resolution Life Australia into Acenda brings controversy with over 200 job losses, stirring criticism from the Finance Sector Union. The Australian Prudential Regulation Authority reports a significant increase in life insurance underwriting profits, alongside a dip in individual lump sum risk. A new innovative insurance offering, 'Flex Complex', is introduced by Flex to address complex strata risk, providing coverage for buildings with history of struggles due to high risk factors. Stay updated with more insights from the Australian insurance industry next week on Financial Services Online.n

Episode Description

In this week's Financial Services Online insurance news wrap-up, AIA Australia reshuffles its leadership in an effort to refine their group insurance products, including the appointment of new chief Chris Healey and the creation of a new division for super fund partnerships. Meanwhile, the merger of MLC Life and Resolution Life Australia into Acenda brings controversy with over 200 job losses, stirring criticism from the Finance Sector Union. The Australian Prudential Regulation Authority reports a significant increase in life insurance underwriting profits, alongside a dip in individual lump sum risk. A new innovative insurance offering, 'Flex Complex', is introduced by Flex to address complex strata risk, providing coverage for buildings with history of struggles due to high risk factors. Stay updated with more insights from the Australian insurance industry next week on Financial Services Online.n

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