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Showing 141 - 150 of 616 results for "life insurer"

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The corporate regulator has released more information to help life insurers and financial advisers adapt to new regulation when handling insurance claims. ASIC's information sheet and consultation paper C12 Proof: Claims Handling and Settling Service ...

ClearView streamlines underwriting

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
ClearView Wealth has adopted Munich Re's digital platform to streamline the underwriting process and manage compliance obligations. ALLFINANZ Cloud, which was launched by Munich Re in 2019, will provide the cloud-based underwriting rules engine to speed ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
The life insurer is at the centre of a campaign against its 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 ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
MLC Life Insurance, Challenger and TAL were big winners at this year's Plan For Life insurance awards, recognised for their innovative products and offerings. For health and wellness initiatives, MLC Life won four categories: the Overall Health ...

Synchron hires from MLC Life

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... development manager with MLC Life Insurance. Congdon worked on the Synchron account as part of her role with the life insurer and also worked for a period of time as an insurance adviser. Synchron director Don Trapnell said he was delighted to welcome ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... received a steep premium increase on their income protection policies recently. Customers in a legacy product from the life insurer were notified by letter or email that following a review of premiums, they would be paying more from December 18. One ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
The coronavirus pandemic has wiped out $1.4 billion from the books of life insurers and triggered a spike in claims, according to new research. KPMG's 2020 Life insurance insights reveals close to half of the firms it analysed are making a loss. ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... 9.7%. Prior to switching to AIA, BT's group insurance mandate was with BT Life Insurance - the company's own, aligned life insurer.

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
The $1.6 billion super fund has increased insurance premiums for the second time in 18 months, blaming the Putting Members' Interest First legislation. Insurance premiums for REI Super members eligible for standard rates on death and total and permanent ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
Life insurer MetLife is preparing for an increase in mental health claims in the wake of COVID-19, with the insurer acknowledging the psychological toll of financial hardship. "There is a direct connection between financial wellbeing and mental health. ...