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Showing 151 - 160 of 2325 results for "Life insurance"

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... expect to have a material effect on the price or value of its securities given the nature of its business, being life insurance." "The information related to the first quarter claims experience only. Claims volatility occurs from time to time in the ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... majority of which (2034 or 56.93%) were around account administration issues. A further 1047 were around group life insurance, and 455 to do with death benefits distribution. The fresh data comes as Cbus is facing proceedings in the Federal Court over ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... were offered a reinstatement of insurances lost with premiums backdated to the date of cancellation, AFCA said. Life insurance A life insurer failed to provide the correct notice of a policy cancellation due to delays in mail processing caused by the ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice.

Insignia snags TAL executives for new retirement solutions team

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... products and services to our customers." Howard has over 25 years of experience across superannuation, advice, life insurance and asset management. Before TAL, Howard was the chief operating officer and interim chief executive at Rest. He has also previously ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... Westpac said while the class action filed against BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024, it still requires approval from ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice. Jones told a recent AFR event: "The financial advice laws in the country are not ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... use cases across 23 licensees as at the end of 2023, which included operations in the financial advice sector and life insurance, to identify potential loopholes in AI incorporation. The Beware the gap: Governance arrangements in the face of AI innovation ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... return to Court for case management on 8 November 2024. HCF Life replaced the 'pre-existing condition' term in its life insurance products on 9 November 2023. In April 2021, the unfair contract terms regime was expanded to include insurance contracts ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... Rensburg said. Newly appointed to the role chief executive for individual life Gavin Teichner said: "Being the best life insurance partner for advisers means improving the end-to-end customer experience from faster underwriting and onboarding to offering ...