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

Search Results

Showing 101 - 110 of 462 results for "AIA"

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... approved product list (APL), allowing aligned financial advisers to recommend an enhanced suite of insurers. The new APL includes AIA, BT, MetLife, OnePath/Zurich and TAL. BT and MetLife are the two new additions. And, for the first time, the APL will ...

Rice Warner hires fintech, product data lead

KARREN VERGARA  |  MONDAY, 2 NOV 2020
Rice Warner has appointed a head of fintech and product data from CommInsure/AIA Australia to expand the firm's technology footprint. Anthony Saliba will focus on developing client solutions across retirement, advice and technology for the actuarial ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... 94.5%. The average claim time in months on insurance through super was a bit lower than for retail insurance at five months. AIA had the longest wait time at 6.6 months and TAL the lowest at 4.4.

Level premiums to remain

ANNABELLE DICKSON  |  THURSDAY, 15 OCT 2020
... not straightforward, it's more complicated. But it would be strange to me if it wasn't part of the future," he said. AIA chief executive Damien Mu agreed and said the Australian market hasn't had a proper level premium or fixed term level premium ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... announced insurance premiums would also become more affordable for BT Super and BT Super for Life members. BT recently appointed AIA as its group insurer. "As part of this change, we've taken the opportunity to review our insurance arrangements to ensure ...

MLC Life hires wealth and partnerships lead

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... acquiring new fund partners and managing relationships with existing partners. She previously held product and legal roles at AIA Australia and CommInsure. The other general manager appointments were: Fiona Guscott was named general manager of underwriting ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
Commonwealth Bank has received another payment furthering the divestment of its life insurance business to AIA Group. CBA has received a payment of approximately $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
... only company that managed to record some growth during the year (25.7%), aided by Rest switching its insurance mandate from AIA to TAL. In comparison, AIA's inflows fell 47.4% during the year, while MetLife Insurance, MLC Life Insurance, QInsure, Zurich ...

MS sufferer fights CommInsure definition

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... national policy officer Andrew Giles found the vast majority to be "too specific" and not in line with current medical thinking. AIA got a positive mention from Giles, as its definition only requires MS to be diagnosed by a neurologist. BT's definition ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... competitive," Intrust said. Income protection premiums will not change, the fund said. Intrust's group insurance is provided by AIA Australia and has been for the last 12 months. Prior to this, the mandate sat with Hannover Life Re for 15 years. The ...