Australia · Oceania · class L

Life insurance companies in Australia

25 licensed life insurers, 17% of the 145 insurance entities supervised by the Australian Prudential Regulation Authority / ASIC. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
AIA Australia
Incl. ex-CommInsure Life
LLifeAIA GroupIAIGForeign multinationalAPRA / ASICVerified
Allianz Australia Life InsuranceLLifeAllianzIAIGForeign multinationalAPRA / ASICVerified
ART Life Insurance (ex-QInsure)LLifeAustralian Retirement TrustMutual / cooperativeAPRA / ASICVerified
Australian Unity Life Bonds
Friendly society
LLifeAustralian UnityMutual / cooperativeAPRA / ASICVerified
Centuria Life
Friendly society
LLifeCenturiaDomestic privateAPRA / ASICVerified
Challenger Life Co
Annuities
LLifeChallengerDomestic privateAPRA / ASICVerified
ClearView Life AssuranceLLifeClearView WealthDomestic privateAPRA / ASICVerified
Combined Life Insurance Co of AustraliaLLifeChubbIAIGForeign multinationalAPRA / ASICVerified
Foresters Financial
Friendly society
LLifeForestersMutual / cooperativeAPRA / ASICVerified
Futurity Investment Group
Friendly society
LLifeFuturityMutual / cooperativeAPRA / ASICVerified
Generation Life
Friendly society
LLifeGeneration Development GroupDomestic privateAPRA / ASICVerified
Hallmark Life Insurance CoLLifeLatitudeDomestic privateAPRA / ASICVerified
HCF Life Insurance CoLLifeHCFMutual / cooperativeAPRA / ASICVerified
KeyInvest
Friendly society
LLifeKeyInvestMutual / cooperativeAPRA / ASICVerified
Lifeplan Australia Friendly Society
Friendly society
LLifeAustralian UnityMutual / cooperativeAPRA / ASICVerified
MetLife Insurance LtdLLifeMetLifeIAIGForeign multinationalAPRA / ASICVerified
Nippon Life Insurance Australia and New Zealand (ex-MLC Life)
Renamed 2025
LLifeNippon LifeForeign multinationalAPRA / ASICVerified
NobleOak Life
Friendly society; ASX-listed
LLifeNobleOakDomestic privateAPRA / ASICVerified
Over Fifty Guardian Friendly Society
Friendly society
LLifeIndependentMutual / cooperativeAPRA / ASICVerified
Resolution Life Australasia
Ex-AMP Life
LLifeResolution LifeForeign multinationalAPRA / ASICVerified
RLNM Ltd
Ex-National Mutual
LLifeResolution LifeForeign multinationalAPRA / ASICVerified
Sureplan Friendly Society
Friendly society
LLifeSureplanMutual / cooperativeAPRA / ASICVerified
TAL Life Insurance Services (ex-Westpac Life)LLifeDai-ichi LifeIAIGForeign multinationalAPRA / ASICVerified
TAL Life Ltd
Largest Australian life insurer
LLifeDai-ichi LifeIAIGForeign multinationalAPRA / ASICVerified
Zurich Australia Ltd
Incl. ex-OnePath Life
LLifeZurichIAIGForeign multinationalAPRA / ASICVerified

About life insurers in Australia

How many life insurers are licensed in Australia?

25 of the 145 licensed insurance entities in Australia are classified as life (17%), according to the APRA / ASIC register as reflected in this directory (verified - full registers).

Who regulates life insurers in Australia?

Australian Prudential Regulation Authority / ASIC (APRA / ASIC), under Insurance Act 1973; Life Insurance Act 1995; PHI Act 2015. Official website: https://apra.gov.au.

Are the life insurers in Australia locally or foreign owned?

10 of 25 belong to regional or foreign multinational groups (including AIA Group, Allianz, Chubb, MetLife), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/australia.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.