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

Search Results

Showing 1141 - 1150 of 2326 results for "life insurance"

The changing face of underwriting

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2017
Facial analytics may play a key role in calculating future life insurance premiums thanks to a North Carolina technology firm claiming its platform returns lifespan estimates more accurate than traditional methods. Lapetus Life Event Solutions recently ...

AIA growth strategy spawns appointments

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
... financial officer. Chernov, who has been with AIA since 2009, is a qualified actuary with over 18 years' experience in life insurance and has also held roles with Deloitte and Trowbridge Consulting. AIA Australia has also created a chief strategy officer ...

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
... the impartial conduct standard - a fiduciary rule to curb conflicts of interest in relation to the retirement and life insurance products recommended by advisers and the payments they receive for doing so. The decision to legislate such an obligation ...

Life consumers influenced by premium pricing

KARREN VERGARA  |  FRIDAY, 9 JUN 2017
An overwhelming majority (84%) of Australians purchase life insurance based on the cost of premiums, according to life insurer NobleOak. What's concerning is that more than half of consumers (52%) buy life insurance or income protection cover online ...

Review life insurance ahead of super reforms: BT

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
... of financial year and 1 July superannuation reforms fast approaching, advisers shouldn't overlook the value of life insurance arrangements inside superannuation. Keeping in mind concessional and non-concessional contribution limits are reducing, and ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
... ASIC launched a new instrument cementing the maximum amount of fees and ongoing commissions advisers can charge on life insurance products as part of industry-wide reforms. The Life Insurance Commissions Instrument will cap advisers' commissions and ...

AMP improves life insurance offering

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
Newly-launched improvements to AMP's life insurance offering are aiming to give advisers and customers greater flexibility and choice. To ensure customers' cover stays contemporary, AMP director of insurance proposition Greg Johnson said options can ...

ASIC consults on new statement of advice

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
ASIC is now consulting with the financial services industry on a new example statement of advice for life insurance. The regulator's latest consultation paper seeks feedback on the new example Statement of Advice (SOA) and related updates to the guidance ...

Zurich revamps life insurance products

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
Zurich is offering "generous" rate reductions and discounts on a number of its life insurance products in a major upgrade since acquiring Macquarie Life. The insurer announced it will reduce rates for term, and total and permanent disablement (TPD) ...

MLC launches claims processing platform

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
MLC Life Insurance launched a platform that it believes will process claims more efficiently. The life insurer has partnered with global claim management software provider ClaimVantage in an attempt to make claims quicker and simpler. MLC Life Insurance ...