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.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
AIA AustraliaHKEX: 1299
Incl. ex-CommInsure Life
LLifeAIA GroupIAIGForeign multinationalAPRA / ASICVerified89 Confidence: Low
Allianz Australia Life InsuranceFWB: ALVLLifeAllianzIAIGForeign multinationalAPRA / ASICVerified97 Confidence: Medium
ART Life Insurance (ex-QInsure)LLifeAustralian Retirement TrustMutual / cooperativeAPRA / ASICVerified68 Confidence: Low
Australian Unity Life BondsASX: AYU
Friendly society
LLifeAustralian UnityMutual / cooperativeAPRA / ASICVerified—
Centuria Life
Friendly society
LLifeCenturiaDomestic privateAPRA / ASICVerified—
Challenger Life CoASX: CGF
Annuities
LLifeChallengerDomestic privateAPRA / ASICVerified53 Confidence: Low
ClearView Life AssuranceLLifeClearView WealthDomestic privateAPRA / ASICVerified96 Confidence: Low
Combined Life Insurance Co of AustraliaLLifeChubbIAIGForeign multinationalAPRA / ASICVerified73 Confidence: Low
Foresters Financial
Friendly society
LLifeForestersMutual / cooperativeAPRA / ASICVerified—
Futurity Investment Group
Friendly society
LLifeFuturityMutual / cooperativeAPRA / ASICVerified—
Generation LifeASX: GDG
Friendly society
LLifeGeneration Development GroupDomestic privateAPRA / ASICVerified—
Hallmark Life Insurance CoLLifeLatitudeDomestic privateAPRA / ASICVerified88 Confidence: Medium
HCF Life Insurance CoLLifeHCFMutual / cooperativeAPRA / ASICVerified59 Confidence: Low
KeyInvest
Friendly society
LLifeKeyInvestMutual / cooperativeAPRA / ASICVerified—
Lifeplan Australia Friendly SocietyASX: AYU
Friendly society
LLifeAustralian UnityMutual / cooperativeAPRA / ASICVerified73 Confidence: Low
MetLife Insurance LtdNYSE: METLLifeMetLifeIAIGForeign multinationalAPRA / ASICVerified97 Confidence: Low
Nippon Life Insurance Australia and New Zealand (ex-MLC Life)
Renamed 2025
LLifeNippon LifeForeign multinationalAPRA / ASICVerified81 Confidence: Low
NobleOak LifeASX: NOL
Friendly society; ASX-listed
LLifeNobleOakDomestic privateAPRA / ASICVerified82 Confidence: Low
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)TSE: 8750LLifeDai-ichi LifeIAIGForeign multinationalAPRA / ASICVerified—
TAL Life LtdTSE: 8750
Largest Australian life insurer
LLifeDai-ichi LifeIAIGForeign multinationalAPRA / ASICVerified96 Confidence: Low
Zurich Australia LtdSIX: ZURN
Incl. ex-OnePath Life
LLifeZurichIAIGForeign multinationalAPRA / ASICVerified99 Confidence: Medium

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About life insurers in Australia

How many life insurers are licensed in Australia?

25 of the 145 licensed insurance entities this directory lists in Australia are classified as life (17%). Verified against the regulator register.

Who regulates life insurers in Australia?

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

Who owns the life insurers in Australia?

Of the 25 licensed life insurers in Australia, 10 are subsidiaries of foreign multinational groups (Dai-ichi Life, Resolution Life, AIA Group), 9 are mutual or cooperative insurers, and 6 are domestic private companies, as recorded in the register.

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