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Showing 121 - 130 of 369 results for "Comminsur"

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
TAL continues to hold the largest share of the $16.1 billion life insurance market in the 12 months to June, figures from Strategic Insight show. TAL recorded $2.9 billion in risk premiums, closely followed by AIA Australia with $2.3 billion in which ...

CommInsure adds new annuity strategy

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
Financial advisers are now better equipped to help retiree clients ensure they won't run out of money with CommInsure expanding its range of retirement savings strategies through collaboration with a US academic. A new strategy, called Staggered Annuitisation ...

CommInsure executive joins AMP

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
A former CommInsure executive has joined AMP as senior manager, insurance governance. Vicky Galanis joins AMP from CommInsure, where she was executive manager - life claims. Prior to that, she was head of individual insurance claims at AXA. Galanis ...

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Commonwealth Bank announced its asset management arm, Colonial First State Global Asset Management, is undergoing a strategic review and could potentially list as a public company. CFSGAM, with $219 billion in assets under management, has "achieved ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

CommInsure strengthens income protection offering

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
As per CommInsure's commitment to regularly review its offering, the life insurer launched a new income protection product and enhanced its existing TPD and trauma products. The new Income Protection Platinum product comes with a broader set of definitions ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Group insurers not doing enough to prevent the growing problem of employees owning multiple superannuation funds and life insurance premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint ...

Annuity sales soar as deferred products loom

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
The increasing need for financial advisers to develop income layering strategies for clients has helped drive Colonial First State's lifetime annuity sales up by more than 80% in the last 12 months. Now with $850 million in annuities under administration ...

Executives must think beyond the technical

KARREN VERGARA  |  TUESDAY, 22 AUG 2017
Transitioning from a technical to a leadership role is challenging for financial services executives who overlook the broader soft skills to be effective leaders. CommInsure chief financial officer and chief actuary Jennifer Lang says executives may ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
Embattled Commonwealth Bank chief executive Ian Narev will retire from the bank by the end of the 2018 financial year, board chair Catherine Livingstone has announced. The decision, said to have been made by the board in conjunction with Narev, will ...