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Showing 131 - 140 of 2187 results for "Insurer"

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... be applied once and the members' account must have a balance greater than zero following the withdrawal. GESB's group insurer is AIA Australia.

Regulators note advances in life insurers' practices

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
ASIC and APRA commenced a joint review in 2022 over concerns that life insurance premium increases might not have aligned with policy terms or met policyholder expectations set by disclosure and marketing materials, though has since noted progress. ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... policies issued by Hannover, ASIC added, noting the exception of one occasion when Choosi added a single policy from another insurer. ASIC counted at least 9478 life insurance policies sold during the period, while customers bought 4225 funeral insurance ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
The life insurance industry appears to have moved past its loss-making years, reporting a $332 million profit at the end of March, new APRA figures show. About $5.7 billion was generated in insurance revenue, marking a 3% rise from the December 2024 ...

Responsible investing buoyed by instos: RIAA

KARREN VERGARA  |  WEDNESDAY, 28 MAY 2025
Responsible investing is buoyed by strong tailwinds coming from asset owners despite the political and regulatory headwinds, the Responsible Investment Association Australasia (RIAA) Conference heard this morning. The sector is being emboldened by institutional ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... The fine comes after the Federal Court's ruling of HCF Life Insurance at the beginning of the month - finding the insurer misled the public over a pre-existing condition term under its Recover products. HCF Life Insurance was subsequently fined $750,000 ...

State insurer names new CIO as government review looms

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... Accident Compensation Corporation has appointed David Iverson as chief investment officer of its NZ$50bn fund as the state insurer undergoes reviews of its investment strategy and operational performance. Iverson, who will replace Paul Dyer next month ...

PRI chief executive David Atkin to step down

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Industry veteran David Atkin will step down as chief executive of the Principles for Responsible Investment next year, giving the UN-backed body for institutional investors ample time to find his replacement. Atkin, who joined the PRI in 2021, replaced ...

Cbus increases insurance premiums

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... and discussions with TAL Life, which is the fund's group insurance provider. "Each year we negotiate carefully with our insurer to get you the best value cover we can," Cbus said to members.

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
... is highly concentrated with just three insurers holding a total market share of 88%. TAL is the largest death and TPD insurer with a 45% market share. AIA is second with 23%, followed by MetLife with 19%. There are a total of eight insurers serving the ...