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Showing 201 - 210 of 376 results for "Comminsur"

Life risk sales bounce back

ALEX BURKE  |  FRIDAY, 25 SEP 2015
Individual life insurance sales are recovering after two poor quarters, according to DEXX&R research. DEXX&R's life analysis report for the June quarter shows that new business in the sector grew by 15% on the March quarter to $321 million. As reported ...

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
Commonwealth Bank chief executive Ian Narev said it had been a difficult year for life insurance income and more work needs to be done to make its product attractive. Yesterday the bank announced a $9.1 billion cash profit for the past financial year ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ...

Challenger annuities join CFS platforms

DARREN SNYDER  |  MONDAY, 10 AUG 2015
As the superannuation industry continues to make retirement income strategies more readily available, Challenger now has its annuities on Colonial First State's FirstChoice and FirstWrap platforms. The move follows Colonial First State adding CommInsure ...

Allocated pensions reach $1.4bn at Vision Super

DARREN SNYDER  |  FRIDAY, 17 JUL 2015
Vision Super has recorded a 40% increase in money retained in allocated pension accounts over the past financial year. The industry fund is now managing more than $1.44 billion in post-retirement assets for its members. Vision Super chief executive ...

AIA sees $1.9bn premium growth

DARREN SNYDER  |  FRIDAY, 17 JUL 2015
AIA recorded the highest percentage growth among Australia's life insurance risk premium inflows during the 12 months to March 2015 according to Plan for Life data. AIA grew 20.2%, recording $1.87 billion in inflows, seeing them jump from fifth to third ...

Annuities to become more competitive

DARREN SNYDER  |  WEDNESDAY, 15 JUL 2015
More competitors are expected to offer annuities should tax impediments around deferred lifetime annuities be removed in the impending financial services and tax reviews. CommInsure head of annuities, George Lytas, said the removal of that tax impediment ...

CommInsure annuities listed on CFS wrap platforms

LAURA MILLAN  |  TUESDAY, 30 JUN 2015
CommInsure annuities are now available via the FirstChoice and FirstWrap platforms as the provider aims to bring them to the broader consumer market. The move, which was revealed by Colonial First State in May, allows advisers to combine more than one ...

Life risk sales falling

ALEX BURKE  |  TUESDAY, 23 JUN 2015
Individual death, total permanent disability (TPD) and trauma insurance sales fell by 8% to $280 million in the March quarter, according to research by DEXX&R. DEXX&R's report notes that this time is "traditionally the slowest quarter" for insurance ...

Small funds winning group risk race

ALEX BURKE  |  MONDAY, 15 JUN 2015
Larger superannuation funds appear to have no scale benefit when it comes to getting a good deal on group insurance premiums, the latest study from Rainmaker shows. The Autumn 2015 Rainmaker Superannuation Benchmarking report analysed 15,408 risk options ...