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Showing 61 - 70 of 369 results for "CommInsure"

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... FY19 and the bank kept its interim dividend at $2 per share. The $4.6 billion NPAT includes discontinued operations: CommInsure Life, CFSGAM and Sovereign. The cash NPAT from continuing operations was $4.7 billion, up 1.7% over H1 of FY18. The interim ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... million (plus $158 million in grandfathered commissions on life insurance in super products), AIA paid $690 million, CommInsure paid $460 million, AMP paid $380 million and Zurich paid $113 million. Opposition to abolishing life risk insurance commissions ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions in denying a customer's heart attack claim and did not co-operate with the Financial ...

NEOS Life expands to the west coast

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... business development manager. His more than 14 years' experience in the life insurance industry includes roles at CommInsure, TAL and most recently MLC Life Insurance where he was a business development manager. Kon Vaporakis is the new senior underwriter. ...

New owner at Strategic Insight

KANIKA SOOD  |  MONDAY, 14 JAN 2019
... funds, Aussie insurers In Australia, managed funds and equities. It's latest research charted the inflows for TAL, CommInsure and peers. It's sale to ISS will feed into the ISS's data intelligence arm. Both SI and ISS are owned by mid-market ...

TAL and Zurich lead inflows, CommInsure lags: Strategic Insights

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... by 1.7% year-on-year and reached $16.5 billion. However, it was a mixed result for the country's major insurers. CommInsure experienced the largest decline in customers leaving as the sixth round of the Royal Commission unfolded in September 2018. ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... in 2019 to cover larger than expected costs for compliance and remediation programs as well as its separation from CommInsure Life. In an update to the ASX on Tuesday evening, CBA said its financial results for the six months to 31 December 2018 (1H19) ...

Two senior hires at Integrity

KARREN VERGARA  |  WEDNESDAY, 5 DEC 2018
... NSW, the ACT and Queensland. Her most recent role at Zurich was regional manager for NSW/ACT. She previously worked at CommInsure in a similar role, tasked with growing the business in NSW and the ACT, as well as Lumley Life (now TAL) and Tyndall Australia ...

CBA investigates possible privacy breach

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... is undertaking an investigation into a potential privacy breach that may have seen sensitive medical information of CommInsure claimants accessed by employees in other departments of the bank. As reported by the ABC earlier today, CBA is investigating ...

CBA board ignored key issues in deciding executive pay

KANIKA SOOD  |  WEDNESDAY, 21 NOV 2018
... executives in FY16. In August 2016, when the committee met to decide the variable pay of CBA's top executives, news of its CommInsure conduct had already broken in the newspapers. Unknown to the public, APRA and ASIC was investigating the bank's conduct ...