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Showing 191 - 200 of 2177 results for "Insurer"

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... The changes to the cost of insurance cover come after a biennial review by the fund, conducted in partnership with its insurer TAL, to ensure the pricing and coverage offered to members is competitive. NGS Super also reviewed and updated its investment ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
In a first for ASIC, Libertas Financial Planning's AFS Licence (AFSL) has been revoked for its failure to pay compensation as ordered by the Compensation Scheme of Last Resort (CSLR). Libertas, which went into liquidation in September 2023, failed ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
... life insurance if affordability becomes an issue, the majority (92%) are satisfied with services received from their life insurer directly. Three in four Australians (75%) are also unaware of the mental health coverage option in life insurance, despite ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... we've got, all but one of them are above the $150,000 cap. So, it's in the claimant's best interest for the insurer to pay the full amount versus us stepping in and making the claim up to $150,000," he said. While AFSLs ultimately have the ...

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
... servicing members and employers from day one as a merged fund," he said. He added that Vision is currently working with its insurer, MLC Life, to prepare a new portal and policies for Active Super members, and flagged reductions to insurance premiums ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
AXA is at the pointy end of discussions with BNP Paribas to offload its asset management business for $8.5 billion. AXA Investment Managers has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 ...

AIA Australia names head of wellbeing

MATTHEW WAI  |  THURSDAY, 1 AUG 2024
The wellbeing team is now part of the life insurer's shared value partnership team, following a strategic decision to maximise support for customers. AIA Australia has announced the new wellbeing team structure and welcomed Lucy Hartley as head ...

Cbus unleashes raft of fee changes

ELIZA BAVIN  |  TUESDAY, 30 JUL 2024
... dropped, while others will see rises between $0.04 and $0.15 per unit of cover. "Each year we negotiate carefully with our insurer to get you the best value cover we can. While a premium price increase has been unavoidable for some members, there is ...

Allianz Retire+ joins CALI

MATTHEW WAI  |  TUESDAY, 30 JUL 2024
The Council of Australian Life Insurers (CALI) has welcomed Allianz Retire+ as its newest full member. Joining as the 20 th member, Allianz Retire+ chief executive Adrian Stewart said he believes the move will better serve the advancement of the life ...

Resolution Life Australasia adds to partnerships, product team

MATTHEW WAI  |  MONDAY, 29 JUL 2024
... sales across the Zurich and OnePath brands. Prior, he was in business development at BT. Meanwhile, Lisa Hayes joined the insurer earlier this year as its head of governance and company secretary and will continue to oversee Resolution Life's legal and ...