{"id":81486,"date":"2026-03-17T14:45:11","date_gmt":"2026-03-17T03:45:11","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=81486"},"modified":"2026-03-18T07:19:36","modified_gmt":"2026-03-17T20:19:36","slug":"concern-over-weak-new-business-flows","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2026\/03\/17\/concern-over-weak-new-business-flows\/","title":{"rendered":"Concern Over Weak New Business Flows"},"content":{"rendered":"
\n\t\t
The biggest issue impacting life insurance industry sustainability is the shortage of risk new business being written.<\/strong><\/div>
    \n\t\t
  • Agree (70%)<\/small>
    <\/div><\/li>\n\t\t
  • Disagree (24%)<\/small>
    <\/div><\/li>\n\t\t
  • Not sure (5%)<\/small>
    <\/div><\/li>\n\t\t<\/ul>
    <\/div><\/div>\n\t\t\n<\/div>\n\n

    A majority of advisers agree that weak new business flows are the primary threat to the sustainability of the country’s life insurance sector, according to our latest poll.<\/p>\n

    The poll was prompted by comments from Lifespan CEO Eugene Ardino<\/strong> during the recent Zurich Sustainability Round Table, at which he argued that falling new life insurance sales since the introduction of the Life Insurance Framework reforms represent a central structural challenge for the sector \u2013 trumping product design and premium pricing issues.<\/p>\n

    Ardino told fellow panellists that while product design and pricing remain important, the sharp decline in new business volumes has had a \u201csignificant and detrimental\u201d impact on life insurance pools.<\/p>\n

    \"Eugene
    Eugene Ardino.<\/figcaption><\/figure>\n

    It seems the majority of poll respondents agree, with 65% supporting his proposition. However, 29% disagreed, and 6% weren\u2019t sure.<\/p>\n

    These interim results seem to reinforce concerns that reduced adviser numbers and lower policy inflows since the LIF reforms have weakened the balance of life insurance pools, particularly as in-force books age.<\/p>\n

    Our poll remains open for another week and we welcome your further thoughts…<\/p>\n","protected":false},"excerpt":{"rendered":"

    A majority of advisers agree that weak new business flows are the primary threat to the sustainability of the country’s life insurance sector, according to our latest poll. The poll was prompted by comments from Lifespan CEO Eugene Ardino during the recent Zurich Sustainability Round Table, at which he argued that falling new life insurance […]<\/p>\n","protected":false},"author":23,"featured_media":81489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241,49,5121],"tags":[],"class_list":["post-81486","post","type-post","status-publish","format-standard","has-post-thumbnail","category-conferences-and-events","category-polls","category-sustainability"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/81486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=81486"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/81486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/81489"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=81486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=81486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=81486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}