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Showing 1591 - 1600 of 2326 results for "life insurance"

ANZ streamlines OnePath's OneCare Express

STAFF WRITER  |  THURSDAY, 29 MAY 2014
... application tool OneCare Express to make it faster and more intuitive for advisers and their clients. ANZ head of life insurance Gerard Kerr said that a new underwriting engine cuts the application process down by up to half the time. "By categorising ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2014
... issued a discussion paper announcing a review into the period before which monies held in inactive bank accounts and life insurance policies are transferred to the government. In releasing the discussion paper this week, Finance minister Senator Mathias ...

Suncorp reacts to "deteriorating" situation in life risk

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
... assets that will affect the company's net profit after tax for the 2014 financial year, but not its dividends. The life insurance business told the Australian Securities Exchange (ASX) that it has revised "claims and lapse assumptions" as part of its ...

Market wrap

AAP  |  TUESDAY, 27 MAY 2014
... cents higher at $81.82. Suncorp dropped 29.5 cents to $13.39 after it flagged $500 million in write-downs in its life insurance business. In the resources sector, Rio Tinto was 55 cents higher at $61.50 after striking a deal with the African government ...

APRA announces draft 2014-15 supervisory levies

ALEX DUNNIN  |  TUESDAY, 27 MAY 2014
... According to the discussion paper, these super fundA levies are more than twice the 'per FUM' rate of levies imposed on life insurance companies reflecting the more complex compliance on superannuation compared to traditional insurance with their statutory ...

Cbus insurance premiums jump to almost $15 a week

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Industry fund Cbus has almost doubled its life insurance premiums, becoming the latest super fund to do so in response to a spike in claims. Following renegotiations with group insurer Hannover Life Re of Australasia, Cbus members on the default option ...

FSC appoints AMP exec to the board

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
... has more than 20 years' experience in the financial services industry and has held senior executive positions in life insurance, both in Australia and overseas. She joined AMP in early 2013 and is responsible for AMP's risk insurance, retail superannuation ...

TAL maintains profits, amid record claims

STAFF WRITER  |  FRIDAY, 16 MAY 2014
... market that is going through significant change." However Minto also said that the long-term sustainability of the life insurance industry was a key concern. New business for the year grew 128% to $728 million while TAL's embedded value grew by $195 ...

BT Life targets SMEs with insurance product

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
... revenue of small businesses if a key person experiences an injury or illness and cannot work. BT national manager of life insurance products Scott Moffitt said that such incidents "can have a devastating impact to the confidence of a business." Australia ...

FSI to focus on the technology challenge

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
... "where this will end in terms of use of biometric information and accessibility for some consumers to health and life insurance services." We will be posing questions in our Interim Report on a number of areas where technology is challenging existing ...