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

Search Results

Showing 1171 - 1180 of 2276 results for "Premium"

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA). Non-investment linked businesses contributed $2.3 billion ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
Borrowers rejoice! Imagine how good it would be to have banks and other lending institutions pay you, I and Irene to take their money for whatever purpose we want to use them for - a facelift, a tummy tuck, education, holidays, a new car, another mortgage ...

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
... and 15% respectively. Income from the CommInsure business was $300 million, up 20% year-on-year. Life insurance in-force premium increased 4%. Wholesale life insurance income increased reflecting the repricing activity and improved lapses, partly offset ...

Synchron debuts new risk advice solution

ALEX BURKE  |  TUESDAY, 9 FEB 2016
... premiums and the current level products available in Australia meant the latter never gained much traction. "That 200% level premium was always going to be a bitter pill to swallow," he added. As a result, Synchron and AIA (who also consulted with two ...

AIA and Boost Juice partner for insurance benefits

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
AIA Australia has announced premium discounts for customers who participate in the AIA Vitality program, and has partnered with Boost Juice to deliver further benefits. Designed to reward customers who exercise more or buy healthier foods, the Vitality ...

Impact investments the next wave for RI

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
... responsible investors as well as more traditional investors attracted to the asset class by the promise of additional yield premium, increased diversification and environmental benefits. Even private placements are growing." AXA IM said the recent COP21 ...

ASIC accepts ClearView adviser EU

ALEX BURKE  |  WEDNESDAY, 20 JAN 2016
ASIC has accepted an enforceable undertaking from a ClearView Financial Advice representative. Jason Churchill traded as Churchill Consulting Services. ASIC found that he made recommendations to clients without considering their "relevant personal circumstances" ...

Asteron creates LIF-ready adviser commissions

ALEX BURKE  |  MONDAY, 18 JAN 2016
... first year and up to 22% on an ongoing basis. The hybrid rate operates similarly, while the wholesale rate includes a 25% premium discount with an additional 15% price cut for new clients in the first year. "Advisers are asking for flexibility, so we ...

OmniLife adds industry fund risk products

ALEX BURKE  |  THURSDAY, 14 JAN 2016
Omnium-operated risk research tool OmniLife has added industry fund risk insurance products, giving advisers further comparative insight into the super risk market. Although retail and industry fund risk products are operated differently, Omnium said ...

Risk sales plunge in 2015

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
... majority of the sales drag was "concentrated in the group risk market," even if the group market saw the highest growth in premium inflows at 9.1% to $6 billion. Total premium inflows (including group, individual lump sum and individual income) increased ...