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Showing 1391 - 1400 of 7046 results for "Insurance"

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... its demerits, says Super Consumers Australia director Xavier O'Halloran. Speaking at a panel on the future of life insurance in Australia, O' Halloran said while insurers getting into rehabilitation can help, but two key concerns remained. "Obviously ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... obtaining a licence from the local regulator to operate in wealth management via a joint venture. China Banking and Insurance Regulatory Commission (CBIRC) has granted BlackRock CCB Wealth Management, which is owned by BlackRock (50.1%), China Construction ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... members. Members of all ages are no longer required to test for Hepatitis B, Hepatitis C and HIV when applying for life insurance of up to $20 million, total and permanent disability of up to $5 million, trauma insurance of up to $2 million and income ...

AXA hires from CFS

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... First State Investments where he was a business development manager. Green was previously in similar roles at Zurich Insurance, NAB Asset Management, Russell Investments, Nikki Asset Management. He was also a national account manager at Lloyds Bank and ...

QSuper makes changes ahead of merger

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... measure for diversified bonds from 'low to medium' to 'medium'. There will also be a range of changes in insurance terms and conditions for members too. From 1 July members on an income protection payment who are also on a workers compensation ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus. Media Super will increase its administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
... APRA has given life insurers another year to have the policy contract term measure for individual disability income insurance (IDII) in full force by 1 October 2022. The prudential regulator has acknowledged the challenges life insurers are facing, expressing ...

TIAA commits to net zero

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... institutional investor to commit to a net zero carbon emissions target is a $1.7 trillion US pension fund. The Teachers Insurance and Annuity Association (TIAA) has committed to net-zero by 2050 in its $280 billion general account. The account supports ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... enhance mental health support services and $13.2 billion over the next four years to sustain the National Disability Insurance Scheme. Frydenberg rounded out his speech with the outlook for Australia, saying the economy is forecast to grow by 1.25% in ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... defined benefit schemes or public defined benefit will not be included in the product conversion. In addition, legacy life insurance products and managed investment schemes will also be rationalised with the government providing $2.5 million to establish ...