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Showing 161 - 170 of 219 results for "Life Insurance Industry"

AIA renews commitment with SuperFriend

STAFF WRITER  |  TUESDAY, 14 JUL 2015
... for members suffering from mental health issues. Mental illness is one of the top three claims in the life insurance industry, estimated to cost around $160 million dollars a year in income protection and disability claims. "Occupational rehabilitation ...

Frydenberg sets fuse on Trowbridge time bomb

MARK SMITH  |  WEDNESDAY, 15 APR 2015
... the government that acts. Government can't legislate a specific percentage level of remuneration for the life insurance industry. We can't be that prescriptive. We wouldn't want to be that prescriptive." Frydenberg, whose chief of staff is former FSC ...

FSC announces life insurance award winners

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... given a Lifetime Achievers Award. Loane commented: "Jim, your leadership and stewardship of the Australian life insurance industry is legendary, and only matched by your sartorial elegance." Loane also spoke about the state of the life insurance industry ...

AFA and PFL award Australia's top insurers

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... improvements and unique product features, lapse data, contribution to the growth and promotion of the Australian life insurance industry, internal service benchmarks and sustainability were considered in the process. Full list of winners: Overall Platinum ...

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Sales culture in the life insurance industry is undermining standards of good practice, according to APRA deputy chair Ian Laughlin. Speaking at the Actuaries Institute's Insights Session on 3 March, Laughlin said that the industry's focus on "sales ...

ClearView calls for life insurance industry crackdown

ALEX BURKE  |  TUESDAY, 24 FEB 2015
ClearView Wealth Limited has petitioned Life Insurance and Advice Working Group (LIAWG) chairman John Trowbridge to fix numerous conflicts of interest within the industry. The key recommendations in ClearView's statement were indicating that narrow ...

Suncorp Life appoints distribution GM

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... Life has appointed an executive general manager of distribution to face the challenging conditions of the life insurance industry. Andrew Mair will take over the role on March 9 and will report to Suncorp Life chief executive Geoff Summerhayes. He will ...

ASIC imposes conditions on Guardian Advice

STAFF WRITER  |  WEDNESDAY, 7 JAN 2015
... conditions imposed on the company, which has 130,000 clients across the country, follow an ASIC review of the life insurance industry that found the need for higher standards to ensure the interests of consumers are given priority. Guardian Advice was ...

MetLife US proactive lobbying lesson for Aust

ALEX DUNNIN  |  TUESDAY, 9 DEC 2014
... their economic security," MetLife said. While MetLife said it fully endorses prudent regulation of the life insurance industry they said the regulation must be appropriate to an insurer's capital structure. "The business of insurance and the business ...

One third of risk advisers non-compliant, ASIC says

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
... appropriate advice and prioritising the needs of the client. "This is an unacceptable level of failure, and the life insurance industry is now on notice to lift standards and professionalism. Both insurers and advice firms need to work on delivering ...