Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 219 results for "Life Insurance Industry"

Rice Warner warns of massive TPD underinsurance

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
... fully maintain the standard of living of remaining family members. "These figures demonstrate that the life insurance industry needs to focus on a deeper understanding of individual clients' insurance needs, so that insurance offers can be targeted at ...

Life insurance faces worst conditions in decades

LAURA MILLAN  |  TUESDAY, 5 NOV 2013
With shareholder returns in free fall, the life insurance industry is facing its worst conditions in decades, an Ernst & Young Australia (EY) analysis of the full year banking results found. The report noted how disability claims are rising "well beyond ...

Investment income fuels life insurance sector

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
Life insurance industry figures released today by the Australian Prudential Regulation Authority (APRA) paint a picture of a robust industry albeit one preparing for some adjustment. In its June 2013 life insurance statistics report the regulator has ...

AIA tackles spike in mental illness-related claims

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
... into work, after a spike in total and permanent disability (TPD) claims has put serious pressure on the life insurance industry. The paper was produced with SuperFriend, a not-for-profit foundation that promotes mental health in the industry superannuation ...

Suncorp Life profit to drop 75%

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... 2012. The fall also includes a full year loss of about $630 million on the non-core bank business. "The life insurance industry continues to be impacted by negative experience against lapse and claim assumptions," Suncorp said. The group will make its ...

Industry pays tribute to Paul Riegelhuth

JAMES FERNYHOUGH  |  MONDAY, 6 MAY 2013
... in 1998, Trapnell followed him a year later. "Paul was incredibly knowledgeable and professional in the life insurance industry," Trapnell said. "But he loved the Collingwood Football Club, AC/DC and Jimmy Barnes and had a crazy sense of humour." Tributes ...

FSC announces winners of insurance awards

LAURA MILLAN  |  WEDNESDAY, 27 MAR 2013
The Financial Services Council (FSC) announced the winners of its Life Insurance Industry Excellence Awards held last week. ANZWealth's Maria Crocker won the Young Achievers Award for her dedication, knowledge of the law, life insurance, superannuation ...

Life insurance industry under pressure

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
Attracting new capital to build a more sustainable life insurance industry is currently one of the major challenges faced by Australian insurers, according to TAL. Jim Minto, managing director of Tal said this is a challenge because with the lack of ...

FSC launches life commission claw-back

BEN COLLINS  |  FRIDAY, 3 AUG 2012
... given their full support at this stage," Brogden said. "The critical thing is that the FSC represents the life insurance industry, and all our members have signed on with this." The FSC will now work with industry stakeholders and government to implement ...

Former AFA president mourned

RACHEL DAVIS  |  TUESDAY, 12 JUN 2012
... fundamental in the decision to recruit Richard Klipin to the role of CEO. Mr Murphy started his career in the life insurance industry in 1986, as an agent with Legal and General, progressing his career through study and experience to ultimately hold ...