Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1001 - 1010 of 2425 results for "Claims"

Suncorp reviews options for life insurance business

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... great customer outcomes and delivering better returns for our shareholders." Higher profit margins resulted from favourable claims experience at the end of last financial year, as well as reduced expenses and repricing benefits, the director's report ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
... compared with the code's maximum of 1%. "Importantly, this includes the majority of service levels outlined in relation to claims, and where we are not up to the code's standard we aim to be there by end of 2019 - more than 18 months ahead of the code's ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
... emerged from 385 public submissions including inappropriate financial advice and inappropriate dealing with life insurance claims. Orr explained there are also submissions from both financial institutions and the general public that display a frustration ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
... of more than $1 billion. It said this was partly offset by lower general insurance income which was impacted by higher claims due to weather events. CBA chief executive Ian Narev said during the past six months the group has "focused a great deal of ...

Advice firm enters insurance market

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... comprising implementation of advice, ongoing reviews, alterations when changes are necessary and additional facilitation of claims. "Where commission is concerned, it will be either rebated to the client or removed from the policy altogether, both of ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... level of default cover remained unchanged. The firms are also working together to integrate with administrators to reduce claims processing timeframes, and deliver improved member experience via tele-claims and paperless ID solutions. The local life ...

SuperFriend launches employer engagement framework

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... employers, and help employees return to work quicker. SuperFriend's latest guide, which builds on its managing psychological claims initiative launched in 2015, points to numerous opportunities super funds and life insurers can seize to improve return ...

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... level of default cover remains unchanged. The firms are also working together to integrate with administrators to reduce claims processing timeframes, and deliver improved member experience via tele-claims and paperless ID solutions. MTAA Super chief ...

TAL forms medical advisory board

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
... will share updates on medical advancements and clinical protocols to ensure TAL's approach to product, underwriting and claims reflects the latest medical best practice. Clark added health and life are intrinsically linked and the Specialist Advisory ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... perpetrator who was also an officer of SAM at the time the transfers took place)." SAM responded, saying it is reviewing Aurora's claims and that "on the basis of the information presently available to the board of SAM, SAM considers that it is not liable ...