Income Protection NZ :: News
Insurance News from Income Protection NZ
Income Protection NZ is pleased to present the latest financial news headlines.
To read an entire news item, simply click on the headline.
News items on this page are prepared by our editorial team as summaries of publicly available news reports and
official announcements. See linked news sources where available. The following news items are for informational purposes only and are
not independent journalism.
Disability Claims Account for Majority of Life Insurance Disputes in 2025
11 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has released data indicating that disability income insurance (DII) and total and permanent disablement (TPD) claims were responsible for 88% of all life insurance disputes in 2025. This significant figure underscores the challenges policyholders face when navigating claims related to disability coverage.
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Hostplus and MetLife Australia Renew Group Insurance Partnership
11 May 2026: Paige Estritori
Hostplus, one of Australia's leading superannuation funds, has announced the extension of its group insurance partnership with MetLife Australia until June 2028. This renewed collaboration aims to enhance the insurance services provided to Hostplus members, focusing on improved claims processing, underwriting, and overall member experience.
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TAL and Acenda Recognised as Leading Life Insurers in 2026
11 May 2026: Paige Estritori
In the recently announced 2026 Life Insurance Awards by Money magazine, TAL and Acenda have been recognised as the top life insurers in Australia. TAL secured the title of Life Insurer of the Year across group and direct insurance categories, while Acenda was named Life Insurer of the Year in the advised category.
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APRA's New Capital Framework for Longevity Products: What It Means for Retirees
11 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced significant reforms to the capital treatment of longevity products, including annuities, aiming to bolster the retirement income market. These changes, set to take effect on 1 July 2026, are designed to encourage innovation and improve the availability of products that provide Australians with financial security in retirement.
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Surge in Life Insurance Disputes Linked to TPD and Disability Claims
11 May 2026: Paige Estritori
Recent data from the Australian Prudential Regulation Authority (APRA) reveals a significant rise in life insurance disputes, with total and permanent disablement (TPD) and disability income insurance (DII) claims accounting for 88% of all disputes in the 12 months ending December 2025. This trend underscores ongoing challenges within the industry, particularly concerning the management and assessment of disability-related claims.
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Signs of Revival: Australian Life Insurance Market's Upturn in Q2 2025
11 May 2026: Paige Estritori
After enduring six years of decline following the Royal Commission, Australia's life insurance market is showing promising signs of recovery. In the second quarter of 2025, the sector experienced a 20.7% increase in new business volumes, marking a significant turnaround and offering a glimmer of hope for the industry's future.
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The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
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