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

Search Results

Showing 1101 - 1110 of 2326 results for "life insurance"

The risk of under-insurance is real: ASFA

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... payments worth more than $1.7 billion were made from superannuation funds to members. There were more than 18,500 life insurance claims and nearly 37,000 income protection claims paid. Total benefits paid amounted to about $5 billion. Clare also said ...

The rise and impact of insurtech

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2017
... that the complementary strengths of the new and old schools present a solid case for partnership. About 53% of life insurance executives surveyed said they preferred a partnership model, compared to in-housing (35.6%) or acquiring insurtechs (2.3%). ...

TAL equips advisers with cancer education

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
... definition requirements at claims time will also be explained, along with minimum definitions as set out by the Life Insurance Code of Practice. The one-hour long webinar carries one CPD point accredited via the Association of Financial Advisers (AFA) ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... 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 Committee ...

Freedom Insurance sells stake in NobleOak

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
Life insurance distributor Freedom Insurance Group is selling a stake in its issuer NobleOak Life after finalising a $7 million sale of its non-core investment in the company. The original investment was made in conjunction with the arrangement for ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... insurance-related experience and is providing valuable strategic insight to the bank undertakes a review of its life insurance business, CBA said. The bank also confirmed yesterday it will file its defence to the civil penalty proceedings initiated by ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... remediation programs for consumers who received non-compliant advice between 1 January 2009 and 30 June 2015. In the life insurance sector, ASIC will start the process of assessing the effectiveness of life insurance remuneration reforms this financial ...

MLC Life names chief underwriter, expands medical service

KARREN VERGARA  |  MONDAY, 28 AUG 2017
MLC Life Insurance appointed a new chief underwriter at a time when the firm and the industry are experiencing significant levels of growth and transformation. Debbie Kennedy is formerly the group head of protection strategy at UK-based life insurer ...

ANZ revamps life insurance offering

KARREN VERGARA  |  FRIDAY, 25 AUG 2017
... designed to reward customers undertaking rehabilitation to facilitate their return to work. ANZ Wealth head of life insurance Gerard Kerr told Financial Standard a growing body of evidence shows that returning to work and contributing to the workforce ...

Improved distribution strengthens ClearView result

DARREN SNYDER  |  FRIDAY, 25 AUG 2017
ClearView leveraged its life insurance business and financial adviser relationships to expand its wealth management division in FY17, recording a 17% increase in funds under management. The wealth division now has $2.5 billion FUM with double-digit ...