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Showing 161 - 170 of 705 results for "Life insurer"

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
In the realm of investments and advice, the number of complaints made to the Australian Financial Complaints Authority over the interpretation of product terms and conditions increased more than six-fold last financial year, while complaints about inappropriate ...

MLC Life appoints chief risk officer

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
The life insurer has hired a senior iCare NSW executive to the role. Jane McGovern will take over as MLC Life's chief risk officer on September 19. She replaces acting chief risk officer Edwina Star who had joined from PwC in March following the ...

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
Minister for financial services Stephen Jones has met with independent reviewer Michelle Levy to discuss the ongoing review. In a statement, Jones confirmed he has met with Levy and supports the review continuing under its current Terms of Reference. ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

Resolution Life builds out Australasian leadership

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... of our customer offering and will set us up well as we pursue our ambition to be the leading in-force specialist life insurer in Australasia by being a data driven, digital and customer focused business."

MLC Life chief executive to depart

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... opportunity to lead MLC Life Insurance as we seek to achieve our ambition of becoming Australia's leading and most trusted life insurer." "With the continued backing of our shareholders Nippon Life and NAB, I am confident in the bright future for our ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
Collaborating to examine the benefits of insurance offered via superannuation, the Association of Superannuation Funds of Australia (ASFA) and Deloitte have made recommendations as to how it could be enhanced. A joint report titled ' The Future of Insurance ...

TAL welcomes new chair

JAMIE WILLIAMSON  |  FRIDAY, 3 JUN 2022
... have been impressed by the transformation that has taken place over the last decade to establish TAL as the leading life insurer in Australia and look forward to working with the team to maintain that momentum for the benefit of all our stakeholders," ...