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Showing 111 - 120 of 2187 results for "Insurer"

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... remediation plan addressing the review's recommendations. APRA is also anticipating a board renewal plan from the life insurer. While the specific details of the findings were not disclosed, KeyInvest has since accepted the findings and taken steps ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
The Productivity Commission (PC) has published an interim report setting out key reforms to investing in cheaper, cleaner energy and the net zero transition. The PC said Australia needs to address the gaps and overlaps in emissions reduction incentives ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
The Council of Australian Life Insurers (CALI) has appointed Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards life insurers ...

Cbus closes corporate super plan

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
... As a result, members will see changes to their insurance cover. "As per the agreement between AME, Cbus Super and the insurer, TAL, due to membership falling below the required threshold, Cbus Corporate Super through AME will no longer be provided and ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
New research conducted by the peak body of life insurance indicated close to half of young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... process that started in July 2024, Australian Retirement Trust has selected Zurich Australia Limited as the preferred insurer for our Super Savings account holders," an ART spokesperson said. Super Savings accounts are available to accumulation, defined ...

Hostplus extends MetLife partnership

MATTHEW WAI  |  MONDAY, 14 JUL 2025
... members have enjoyed lower premiums, improved insurance terms, and a more personalised claims experience from the life insurer. Hostplus currently provides more than 865,000 members with Death, Total and Permanent Disablement (TPD), and Income Protection ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
ACBF Funeral Plans has been ordered by the Federal Court to pay an additional $3.5 million penalty for misrepresenting that it was Aboriginal owned or managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
More Australians are leaving work permanently due to mental ill health than ever before with insurers paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said ...

Insurer names interim chief executive

JAMIE WILLIAMSON  |  THURSDAY, 10 JUL 2025
... Stewart has decided to step down and take a break. Kane has served in his current position since 2020. He first joined the insurer in 2019 as chief technology officer. Before that, he'd spent close to two decades at Macquarie working across technology ...