Search Results | Showing 141 - 150 of 1080 results for "Insurers" |
| | | ... that two core capabilities in insurance - claims management and underwriting - are lacking on the boards of major life insurers, likely leading to poor claims experience. "Irrespective of their domain skills, directors need to have the capability and ... |
| | | | ... it. It was championed by the FSC whose members, to this day, are primarily fund managers, superannuation funds and life insurers. Advisers are right to question the FSC's motives." Trapnell also wants to see the FSC propose the separation of risk advisers ... |
| | | | ... consultation with regulators including the ACCC. "This 12-month transition period is designed to enable trustees and life insurers to re-negotiate existing group life policies that are currently in place, and for trustees to engage with members," the ... |
| | | | ... billion in losses over the past five years, meaning certain benefits will be removed or reduced on new policies. Life insurers such as TAL and ClearView have recently launched new income protection products in response to the reforms. Meanwhile, NobleOak's ... |
| | | | ... put forth several changes that the life insurance industry must implement for income protection insurance. It gave life insurers more time to have new policy contract terms in place by 1 October 2022. Clark said: "This is an important piece of work for ... |
| | | | ... arguments advisers brought to him over the last 18 months after admitting last year he had a negative bias towards life insurers and its commission structure for financial advisers. "I've reflected upon those and had a look at it. I've also had ... |
| | | | ... entities, APRA will formally need to consult on any such proposals at that time with industry," the letter APRA sent to insurers read. Other stakeholders were concerned about APRA publishing explanations from individual insurers as it may result in releasing ... |
| | | | ... institutional investors, local endowments, not-for-profits, high-net-worth investors, and liability-driven investors such as insurers and public pools of money. It has also accelerated its investment in ESG, governance and technology capabilities, hiring ... |
| | | | ... To implement the above, it is proposing three mechanisms. First, is to implement a prohibition on these terms on life insurers through an appendix to the FSC's Life Insurance Code of Practice (Life Code). It said the complexity here is that while ... |
| | | | ... ASIC's Report 696 TPD Insurance: Progress made but gaps remain outlines the areas that need improvement from the nine life insurers that were identified in the 2019 Report 633. ASIC noted insurers need to uplift their data capability as poor data capability ... |
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