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Showing 1321 - 1330 of 7046 results for "Insurance"

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
The US$30 billion merger between Aon and Willis Towers Watson is off, with Aon paying WTW a US$1 billion termination fee. In a statement, the companies said it was a mutual agreement - though the decision was forced by lack of regulatory approval in ...

AFA announces new chief executive

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... Kewin served as the AFA chief executive for four years from March 2017 and April 2021. He has since joined the National Insurance Brokers Association (NIBA) as its president, effective August 16.

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... advice increase unchecked." In other sectors, superannuation trustees will pay a levy of $23.08 million (FY20: $23.82m); insurance product providers will pay $21.11 million (FY20: $21.02m) and listed companies will pay $54.7 million (FY20: $51.02m).

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... by the new law is "very narrow". Draft documents mention financial advisers, credit providers, credit intermediaries, insurance distributors, and securities dealers. However, deposit products, superannuation funds and managed investment schemes are excluded. ...

Get your ducks in a row before you think of an IPO

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
... HLB Mann Judd partner Marcus Ohm. Ohm says an undertaking with APRA or ASIC can preclude a wealth, funds management or insurance business from listing. "It would depend on the nature of the particular issue. A requirement for the prospectus is that it ...

ASIC consults on anti-hawking rules

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
... commences," she said. In December 2019, ASIC said it would ban unsolicited cold calling in life and consumer credit insurance sales from 13 January 2020. This followed enforcement action against firms such as CommInsure and ClearView. In 2019 it won ...

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  THURSDAY, 22 JUL 2021
... for a dispute resolution scheme and further arrangements for compensating clients, including professional indemnity insurance. Bevan has applied to the Administrative Appeals Tribunal for a review of ASIC's decision.

Zurich appoints chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 20 JUL 2021
... Justin Delaney has been appointed to the position, with responsibility for Zurich's life and investments and general insurance businesses in Australia and New Zealand. Former chief executive of the general insurance business, Tim Plant, is departing ...

Integrity Life, Will platform partner

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... from MLC Life in March. He was previously general manager of retail distribution and partnerships at MLC, where he led insurance sales, retention, account management and partner governance for almost five years.

ASIC spells out IDR reporting

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... the Corporations Act. ASIC will also consider complaints on social media, objections to death benefit recipients and insurance claims handling processes. All complaints must be responded to in 45 days.