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Showing 1251 - 1260 of 2427 results for "Claims"

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
... including unemployment and adverse economic changes; growing super fund member awareness of and legal involvement in the claims process; an increase in mental illness/stress-related claims; increased automatic acceptance limits; and what APRA perceived ...

Bond King Gross files $200m suit against PIMCO

MARK SMITH  |  FRIDAY, 9 OCT 2015
... manager's move, the PIMCO fund has returned some 1.7% in US dollar return while the Janus fund has lost 2.5%. PIMCO said the claims are without merit and it will respond fully "in due course."

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
... which has so far compensated 19 clients and paid out just under $500,000. CBA has hired 613 employees to investigate 8,835 claims. "The Commonwealth Bank remains committed to doing the right thing for our customers and continues to co-operate with ASIC ...

Super and TPD definitions in the spotlight

DARREN SNYDER  |  WEDNESDAY, 7 OCT 2015
Debate around definitions for total and permanent disability (TPD) insurance claims through superannuation funds has again come under the spotlight. Speaking at an Australian Institute of Superannuation Trustees (AIST) event in Sydney this morning ...

Seniors weigh in on national tax discussion

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
... sustainability of superannuation tax concessions is both welcome and necessary. "There have been a number of incorrect claims made regarding the cost and distribution of superannuation tax concessions. In reality, superannuation is boosting incomes and ...

Group insurers struggling with premium sustainability

ALEX BURKE  |  MONDAY, 21 SEP 2015
... roughly 50% found potentially unsustainable premiums to be the sector's biggest concern; a further 23% also cited increasing claims as an issue. The most popular course of action for addressing these issues was changes to policy design (40%) or early ...

Early insurance claimants return to work faster

ALEX BURKE  |  THURSDAY, 17 SEP 2015
... represents 43% of all "group insured lives" in Australia. The report also examined total and permanent disability (TPD) claims, concluding that musculoskeletal issues represent "approximately a third" of claims for all members in the research. Mental ...

TAL, Zurich dominate life awards

ALEX BURKE  |  TUESDAY, 15 SEP 2015
... sector for the period ending 31 December 2014, APRA's figures show that $7.032 billion was paid in death and disability claims over the past year. This is up considerably on the previous year's figure of $6.259 billion." Interestingly, despite providing ...

Lift Janet lift

BENJAMIN ONG  |  FRIDAY, 11 SEP 2015
... rose by 8.1% to 5.75 million in July from 5.32 million in the previous month. And just last night, we learned that jobless claims dropped by 6,000 to 275K in the week ended 5 September - the 27th consecutive week below 300K (the level generally considered ...

TAL weighs obesity risk

DARREN SNYDER  |  WEDNESDAY, 9 SEP 2015
... risks," McConville said. "We believe in appropriately pricing risk, based on available evidence, to ensure our ability to pay claims in the future." A TAL statement said it was unfortunate that Australia is at the forefront of the obesity problem and ...