Mandate

This Committee has responsibility for developing the FSC’s strategies and policies in relation to life insurance.

The Committee’s objectives are to:

  • develop policies and standards for the life insurance industry to support the provision of affordable and appropriate life insurance and financial protection for Australians;
  • encourage and support the industry to continually improve its efficiency and effectiveness for the benefit of its consumers;
  • improve levels of consumer awareness of the value of adequate levels of life insurance;
  • support and promote underwriting practices that are based on a fair and evidence-based assessment of risk;
  • maintain and increase consumer confidence in the life insurance industry; and
  • continually advocate an appropriate regulatory and tax regime to ensure the most efficient delivery of life insurance products to Australians. 

The Committee has oversight of the FSC’s relationship with relevant regulators and State and Federal government departments that have responsibility for life insurance, including: the Australian Prudential Regulation Authority (APRA); Australian Securities and Investments Commission (ASIC); the Department of Treasury and State revenue offices.

 

Co-Chairs

The Committee comprises two members of the FSC's Board:

  1. FSC Director, Justin Delaney, Chief Executive Officer, Zurich Australia and New Zealand
  2. FSC Director, Nick Hamilton, Chief Executive Officer & Managing Director, Challenger Ltd

 

FSC Contacts

Nick Kirwan

Policy Director - Life Insurance
P: 02 8235 2511         
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Life Board Committee

Anthony Brown

Chief Executive Officer

NobleOak Life Ltd

Anton Kapel

CEO Life & Solutions

Challenger Ltd

Dion Russell

Chief Executive Officer

SCOR Global Life Australia

Gerd Obertopp

Managing Director

Hannover Life Re of Australasia Ltd

James Louw

Managing Director

Gen Re Life Australia Ltd

Leigh Watson

Head of L&H Client Markets, Australia & NZ, Director Reinsurance

Swiss Re Life and Health Australia Ltd

Mark Stewart

Managing Director

RGA Reinsurance Company of Australia Ltd

Nick Lethbridge Head of Product, Pricing & Data

Hallmark Life Insurance Company

Nico Carro Chief Executive Officer

Munich Reinsurance Company of Australasia Ltd

Phil Fraser Chief

QInsure Ltd

Richard Nunn

Chief Executive Officer

MetLife Insurance Ltd

Tyson Johnston

General Manager, Australia

Pacific Life Re (Australia) Pty Ltd

 

Life Board Committee meeting dates for 2022

All meetings will be held by videoconference from FSC offices.

Monday 14 February

10:00am – 12:00pm

Friday 1 April

10:00am – 12:00pm

Friday 27 May

10:00am – 12:00pm

Thursday 21 July

3:00pm – 5:00pm

Friday 2 September

10:00am – 12:00pm

Monday 14 November

10:00am – 12:00pm