Life Column - Australia: Life grapples with underinsurance

May 2011
Asia Insurance Review;May2011, p23
Trade Publication
Information about the 2nd Financial Services Council's (FSC) Life Insurance Conference which was held in Sydney, New South Wales in 2011 is presented. Senator Mathias Cormann discussed need for a balance between regulations for consumer protection and affordability of financial products. Geoff Summerhayes, chief executive officer (CEO) at the company Suncorp Life focused on problem of underinsurance in the country and challenges for the industry.


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