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| | APRA and ASIC have asked the chief executives of life insurers to explain the continuing increases to retail insurance premiums following complaints from consumers and reportable situations. In a joint letter, the regulators said they're concerned premium ... |
| | | ... informed the customer she did not need to disclose any information older than five years. The decision followed the life insurer investigating the customer's medical history, revealing more specific information about hospitalisation for mental health ... |
| | | ... significant change, including the acquisition of MLCL by Nippon Life and the transformation required to become a standalone life insurer," he said. "Sandra leaves MLCL well placed for future success." Meanwhile, Dubé said: "I'm very much looking forward ... |
| | | ... Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life, OnePath General Insurance, and QBE Insurance in 2020. A spokesperson from the law firm confirmed ANZ and its insurers ... |
| | | ... watching Vanguard Super very closely." Vanguard Super's administrator is GROW, its custodian is JPMorgan, and its group insurer is AIA Australia. |
| | | ... advisers and also helping more advisers join the industry." The news comes after TAL's backing of The Council of Australian Life Insurers (CALI), which now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australi ... |
| | | The Council of Australian Life Insurers (CALI) has been backed by the industry with 19 life insurers and reinsurers joining its membership. CALI's membership now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australia. ... |
| | | ... track to grow underlying NPAT in FY23 in the range of $28.5 million to $30 million. "The business environment of the overall life insurance industry continues to show signs of improvement and ClearView remains well placed to benefit from this improvement ... |
| | | 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 ... |
| | | ... domestic violence, as well as new protections in the genetics moratorium. The new guidelines set out 11 areas that each life insurer's policy might cover and were developed with consumer advocates. Specifically, from July next year, the new Life Code ... |
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