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Showing 141 - 150 of 506 results for "AIA"

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... expected to be completed by December 31. In September, CBA received $450 million furthering the divestment of CommInsure Life to AIA Group. The payment followed a $500 million upfront payment in November 2019 and is part of the revised transaction path. ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... investment in coal companies despite positioning itself as an organisation with a focus on sustainability. The campaign, called AIA Kick Out Coal! launched by Insure Our Future and SumOfUs, claims the insurer remains invested in coal companies which ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... resulted in OnePath losing the group insurance mandate that it has held for about a decade. The mandate was instead awarded to AIA, commencing January 1. Under the new arrangement, the cost of unitised death and TPD cover will change to age-based premiums. ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... (at October-end) recently announced several changes to its insurance offering, which included updating the TPD definition AIA insured Sunsuper for life Corporate plans, and Sunsuper for life Business plans. Members with TPD cover who experience a catastrophic ...

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... approved product list (APL), allowing aligned financial advisers to recommend an enhanced suite of insurers. The new APL includes AIA, BT, MetLife, OnePath/Zurich and TAL. BT and MetLife are the two new additions. And, for the first time, the APL will ...

Rice Warner hires fintech, product data lead

KARREN VERGARA  |  MONDAY, 2 NOV 2020
Rice Warner has appointed a head of fintech and product data from CommInsure/AIA Australia to expand the firm's technology footprint. Anthony Saliba will focus on developing client solutions across retirement, advice and technology for the actuarial ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... 94.5%. The average claim time in months on insurance through super was a bit lower than for retail insurance at five months. AIA had the longest wait time at 6.6 months and TAL the lowest at 4.4.

Level premiums to remain

ANNABELLE DICKSON  |  THURSDAY, 15 OCT 2020
... not straightforward, it's more complicated. But it would be strange to me if it wasn't part of the future," he said. AIA chief executive Damien Mu agreed and said the Australian market hasn't had a proper level premium or fixed term level premium ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... announced insurance premiums would also become more affordable for BT Super and BT Super for Life members. BT recently appointed AIA as its group insurer. "As part of this change, we've taken the opportunity to review our insurance arrangements to ensure ...

MLC Life hires wealth and partnerships lead

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... acquiring new fund partners and managing relationships with existing partners. She previously held product and legal roles at AIA Australia and CommInsure. The other general manager appointments were: Fiona Guscott was named general manager of underwriting ...