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Showing 171 - 180 of 376 results for "Comminsur"

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
After being stuck in what Financial Services Council chief executive Sally Loane described as "legislative limbo," the life insurance reforms are back on the agenda, Minister for Revenue and Financial Services Kelly O'Dwyer said. Speaking at the 2016 ...

ClearView adds annuities to wrap

MARK SMITH  |  MONDAY, 11 JUL 2016
Challenger and CommInsure annuities have been added to ClearView Wealth's wrap platform. Selected annuities from both providers have been available to advisers using the platfom from 1 July. Changes driven by feedback from advisers have also been made ...

Group market weakness hurts 12-month risk figures

MARK SMITH  |  MONDAY, 4 JUL 2016
Overall risk sales at the major insurers have fallen 5.9% over the 12 months to end of March owing to significant falls in group risk sales. The latest figures from Plan For Life show even though overall risk premium inflows for March were up 6.2% ...

Group risk premium inflows up 6.9%

MARK SMITH  |  FRIDAY, 27 MAY 2016
Overall group risk premium inflows increased 6.9% in the 12 months to the end of March 2016, the latest numbers from Plan For Life show. Of the larger companies in the group risk space, TAL, AIA and OnePath recorded the best flows with increases of ...

CommInsure appoints independent review expert

ALEX BURKE  |  TUESDAY, 24 MAY 2016
CommInsure has announced the appointment of its independent expert to review past life insurance claims. Deloitte will responsible for selecting a representative sample of denied CommInsure claims over the last five years, determining the validity of ...

TAL appoints GM Health Services

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
TAL has appointed an ex CommInsure executive as general manager health services in the hope of improving its customer experience through its medical and health capabilities. Sally Phillips will take on the newly created role and will be responsible ...

Life insurers paid $6.9bn in claims in 2015

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
Mainstream life insurance companies paid out a total of just over $6.9 billion in claims in 2015, according to figures from The Risk Store. The statistics show that a total of 89,291 claims were paid for an average $77,279 per claim. Put another way ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
CBA chief executive Ian Narev has defended his company's life insurance arm in a letter to Senator Chris Ketter, noting he wrote to five affected customers recently. Referencing CBA's submission to the Senate Economics References Committee's Scrutiny ...

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
CommInsure has appointed its independent claims review panel to address "complex claim assessment." The goal of the panel will be to address issues where CommInsure's claims committee recommends a "complex life insurance claim" be denied; in these instances ...