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Showing 121 - 130 of 206 results for "Life Insurance Industry"

Life insurance ripe for disruption

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
Unprecedented challenges in the life insurance industry are exacerbating profitably and forcing some players out of the market, the latest PwC report shows. Customer demographics, ongoing trust issues, heightened regulation, foreign entrants, technology ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... executive Sally Loane faced the panel first, telling the Committee that any further regulation imposed on the life insurance industry would be overkill. "Life insurance is a highly regulated industry and under law, customers benefit from a range of protections ...

Super funds trawling eBay for legacy parts

ALEX BURKE  |  THURSDAY, 2 MAR 2017
... and managed investment schemes," she said. While acknowledging some of the controversies in which the life insurance industry has been embroiled over the past few years, Loane said that "it's important to note that inquiries in to claims practices - ...

Confusion reigns in super and life insurance: CHOICE

EMMA RAPAPORT  |  MONDAY, 27 FEB 2017
... according to consumer advocacy group CHOICE. In their submission to the Parliamentary Inquiry into the Life Insurance Industry in Sydney and Melbourne, CHOICE told the panel that consumers could retire with an extra $25,000 by consolidating their superannuation ...

Partners Life appoints new chairman

EMMA RAPAPORT  |  WEDNESDAY, 1 FEB 2017
... in Australia's and New Zealand's life insurance industries, saying: "His longevity and success in the life insurance industry, coupled with his reputation for leadership based on principles and values, makes him a perfect fit for Partners Life." In May ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
... outcomes and operational complexities. APRA member Geoff Summerhayes told a parliamentary inquiry on the life insurance industry that insurers have not invested enough in "systems and processes capable of fairly and accurately administering their book ...

APRA marks New Year priorities

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2016
... chairman Wayne Byres said. The report highlights that, despite mixed experiences across group insurance, the life insurance industry is well capitalised, with marked improvement in its resilience to market volatility. Meanwhile, APRA said that its main ...

Bravura hires product manager from BT

MARK SMITH  |  MONDAY, 10 OCT 2016
... product management roles within the retail life product team. With more than 11 years' experience in the life insurance industry covering retail, group and direct life insurance, Loader has an extensive understanding of product development as well as ...

Bragg to leave FSC

DARREN SNYDER  |  FRIDAY, 30 SEP 2016
... for FSC member funds," she added. "He was also instrumental in initiating the Trowbridge review into the life insurance industry and pushing for a competitive landscape for financial services. We wish him very well in his future career." Before joining ...

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
... a small increase to large sum insured discounts for lump sum cover. In a statement Clearview said the life insurance industry had "consistently lost money on retail income protection" over the last 10 years, with total industry loss on income protection ...