Insurance industry study shows coverage knowledge generation gap

Insurance Industry

The research indicated that Australians in Generation Y know more about coverage than their parents. The results of a new study conducted by TAL have just been released, and are indicating that when it comes to knowledge about the insurance industry and how to properly apply it to their best advantage. This is particularly the case in terms of life policies, as those who are younger are most likely to have them. The research showed that Australians within the Generation Y age group are more likely to say that they…

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IBISWorld updates report on life insurance industry in Australia

Insurance News on Insurance Market Calculations

Report suggests the industry is struggling due to lingering economic woes Market research and analysis firm IBISWorld has made updates to one of its reports concerning the state of the life insurance industry in Australia. The report had initially noted that the industry has been showing signs of progress due to growing demand for traditional life insurance coverage. The firm has updated the report to show that this demand is not being reflected in the life insurance industry’s revenue performance. IBISWorld suggests that poor revenues seen throughout the industry are…

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