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Showing 81 - 90 of 1072 results for "Insurers"

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
... cover and were developed with consumer advocates. Specifically, from July next year, the new Life Code will require life insurers to develop and publish their policy on supporting people experiencing family and domestic violence. The FSC said that in ...

First Sentier hires to new ESG role

RACHEL ALEMBAKIS  |  TUESDAY, 11 OCT 2022
... was associate director, financials on the firm's on the institutional desk, advising large institutions on banks, insurers and diversified financials. Prior to this, she was a senior analyst with Ownership Matters, a corporate governance advisory ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... Australia's financial system "resilient" and well positioned to support the economy through a more challenging period. "Insurers' capital levels remain well above regulatory minimums, despite a recent decline in profits as higher interest rates have ...

CALI names chief executive

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
The Council of Australian Life Insurers (CALI) has named Christine Cupitt as its inaugural chief executive. Cupitt, who will commence the role next January, joins after eight years at the Australian Banking Association (ABA) where she held various roles ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... doing that," Jones said. Jones was also questioned as to whether falling adviser numbers would see super funds, banks and insurers considered to provide some form of advice and plug the gap - something that has been proposed by Michelle Levy already. ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... Risk Solutions has revealed the results of its 2022 Financial Transparency and Inclusion Report, which surveyed banks, insurers and non-bank financial institutions across 13 countries and regions. According to the report, 69% of respondents said that ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
APRA has outlined plans for its multi-year program to modernise the architecture of prudential standards for banks, insurers, and super funds. The program, which commenced last year, is intended to ensure the framework continues to underpin financial ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
An ASIC review of individual disability income insurance claims has determined that more work is needed by insurers to ensure customers are protected from unfair practices. ASIC has longstanding concerns about the potential consumer harm resulting from ...