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Showing 101 - 110 of 220 results for "reinsurance"

Insurance counteracting ageing population risks

KARREN VERGARA  |  FRIDAY, 19 MAY 2017
... the report said. Swiss Re head life and health products Russell Higginbotham told Financial Standard insurance and reinsurance have a significant role to play in this emerging sector of ageing. Macro trends show populations are getting older and support ...

AMP cops short-term pain

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
... future group earnings...We also entered into an agreement to reinsure 25% of our total life-risk exposure and the reinsurance will reduce our profit margins in wealth protection but also released $500 million in capital to allow for a shareholder buyback," ...

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... market condition for wealth protection in Australia, AMP announced two key changes: The implementation of a significant reinsurance arrangement with Munich Reinsurance Company of Australia (Munich Re) Strengthening of best estimate assumptions across ...

Challenger reveals key annuity relationships

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... Commencing in November 2016, Challenger will issue Australian dollar fixed rate annuities with a 20 year term to support a reinsurance agreement with MS Primary. Challenger will provide a guaranteed interest rate and assume the investment risk initially ...

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
... months. ClearView is not immune to the effects of the industry experience, which is reflected in both the costs of our reinsurance and our expectations for our future claims experience," the company said. The combination of the premium rate simplification ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
... equity markets, a higher effective tax rate due to a "considerably lower favourable effect from earthquake related reinsurance recoveries" and a $139 million past tax charge for capitalised software assets. The company reported a FY16 insurance profit ...

Industry fund inks MetLife mandate

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
... all claims notified. According to APRA, in 2014-15 CareSuper paid $76 million in insurance outflows, i.e. premiums, reinsurance and associated expenses. HESTA and Kinetic Super - also CommInsure clients - paid $193 million and $65 million respectivel ...

MetLife appoints senior AMP, AIA vets

ALEX BURKE  |  FRIDAY, 29 JUL 2016
... team. Joining from AIA, where he was head of AIA Vitality, James Carey has been appointed to the new role of head of reinsurance and regulatory affairs. MetLife chief product and marketing officer Tim Tez said his experience "will be invaluable in centralising ...

Fees still an issue for alternatives: WTW

KERRIE SYDEE  |  WEDNESDAY, 13 JUL 2016
... diversify their portfolios. A typical example of this is the increasing number of 'alternative beta' strategies - such as reinsurance, carry, value, momentum, merger arbitrage - outside of the traditional hedge fund structure available for significantly ...

ClearView appoints three new BDMs

KERRIE SYDEE  |  FRIDAY, 8 JUL 2016
... experience in the financial services industry, having held positions in wealth product distribution, financial advice and reinsurance. Prior to joining ClearView, Dowling spent five years in wealth product distribution at Macquarie, where he specialised ...