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Showing 181 - 190 of 2188 results for "Insurer"

Colonial First State completes group insurance review

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
... 200,000 CFS FirstChoice Employer Super, Essential Super, and FirstChoice Wholesale Personal members. AIA has served as group insurer since it took over CommInsure in 2019 and was reappointed in 2021. CFS Superannuation chief executive Kelly Power said ...

TAL creates consumer and growth division

MATTHEW WAI  |  TUESDAY, 10 DEC 2024
The life insurer has appointed a general manager to lead its newly created consumer and growth team. Alexis Denby has taken on the role, where she will be responsible for TAL's direct and advised customer growth initiatives whilst ensuring its products ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... The role of professional indemnity (PI) insurance in the compensation process was also put under the microscope. The PI insurer for Dixon Advisory, for example, paid just $16 million in compensation. However, Dixon Advisory victims are expected to receive ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the Financial Advice Association Australia (FAAA) warns in anticipation of the looming ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
... individuals aged between 35 and 64 experiencing perimenopause or menopause, in what is one of the largest studies by a local insurer on those experiencing menopause. MetLife found 84% of those experiencing menopause and are seeing it impact their career ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
APRA executive member Therese McCarthy Hockey has outlined the regulator's big priorities in 2025, with the interconnectedness between banking and superannuation systems first on the agenda. McCarthy Hockey told FINSIA 's The Regulators event that APRA's ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... 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 Christmas shutdown ...

TAL names retirement and wealth lead

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... develop and deliver TAL's retirement income solutions in partnership with Australian superannuation funds, the life insurer said. Bransdon will also be responsible for managing and growing TAL's retirement and wealth partnerships as part of his ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
The Federal Court has ruled in ASIC's favour, finding that a 'pre-existing condition' term in certain HCF Life policies was liable to mislead the public. The term was used in three contracts issued under HCF Life's 'Recover' range of products. ASIC ...