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Showing 1231 - 1240 of 2326 results for "life insurance"

CommInsure loses $4.5bn fund partner

ALEX BURKE  |  MONDAY, 5 DEC 2016
... logistics industry fund TWUSUPER ended its partnership with CommInsure and selected TAL as its new provider of group life insurance. TWUSUPER said its tender process sought an insurer with "an aligned culture" and "long-term commitment to the market." ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
Australia's life insurance regulator is renewing calls to rationalise legacy products that have plagued the industry with poor consumer outcomes and operational complexities. APRA member Geoff Summerhayes told a parliamentary inquiry on the life insurance ...

Life insurance commissions bill passes lower house

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
Significant changes to life insurance commissions for advisers from 2018 are almost a reality following The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 passing in the House of Representatives. Should the legislation also ...

Shadow Treasurer slams governance bill

DARREN SNYDER  |  WEDNESDAY, 23 NOV 2016
... lift superannuation funds to at least the same standard as other financial services organisations like banks and life insurance companies." That statement drew the ire of a heavily populated industry super fund audience and met criticism from several ...

Charter Hall exec joins Link board

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2016
... of commercial, public sector and not-for-profit boards including that of NAB, iCare, SBS and Bank of New Zealand Life Insurance. Link's chairman Michael Carapiet said the firm is delighted with Gupta's appointment. "Peeyush brings a wealth of finance ...

Life insurance satisfaction declines

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
... OnePath (67.1%). Roy Morgan Research industry communications director Norman Morris said: "Satisfaction with risk and life insurance has decreased over the past year and though it remains higher than it was a decade ago, it is still lower than the other ...

Life insurance revenues down

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2016
... total assets held by life insurers has dropped 23.2% over the past twelve months, as demonstrated by APRA's latest life insurance performance statistics. APRA's report for the September quarter shows total assets fell from $293.5 billion to $225.5 billion ...

CommInsure update champions progress

KERRIE SYDEE  |  WEDNESDAY, 9 NOV 2016
... CommInsure is assuring good progress has been made on the independent reviews of declined retail advice and group life insurance claims. Citing concerns raised by media coverage in early 2016, the Commonwealth Bank highlighted that CommInsure has taken ...

Banks balancing profit and capital adequacy

ALEX BURKE  |  TUESDAY, 8 NOV 2016
... returns, some of the banks have either restructured or are restructuring their wealth businesses. Capital intensive life insurance underwriting and manufacturing operations have come under review, as banks look for ways to free up capital and improve ...

MLC bolsters group insurance team

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
MLC Life Insurance is renewing its focus on group insurance with five key appointments. MLC is expanding the team to include experienced price actuaries, insurance product experts and relationship managers all with institutional client experience. The ...