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

Search Results

Showing 201 - 210 of 705 results for "Life insurer"

AIA appoints head of strategic partnerships

KANIKA SOOD  |  WEDNESDAY, 30 JUN 2021
The life insurer has hired a head of strategic partnerships, who will be responsible for its master trust clients. Harumi Hancox has worked in group insurance for 25 years, most recently as the head of group life consulting services at IFS Insurance ...

CFS, UniSuper win customer satisfaction nods

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... Beyond Bank won Bank of the Year, while Commonwealth Bank was the Major Bank of the Year. OnePath won the Major Risk & Life Insurer of the Year gong. Roy Morgan chief executive Michele Levine said last year has been a year like no other but this hasn't ...

Life Code Compliance Committee chair named

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
The Financial Services Council and AFCA have jointly appointed Jan McClelland as chair of the Life Code Compliance Committee (LCCC). McClelland has extensive board experience and is currently deputy chancellor at the University of New England, chair ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
The Actuaries Institute has released sweeping recommendations to help fix the individual disability income insurance (IDII) sector that is currently at "risk of failure". The final recommendations follow a 12 month-review, led by an appointed Actuaries ...

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Life insurers offering rehabilitation services of policyholders has its demerits, says Super Consumers Australia director Xavier O'Halloran. Speaking at a panel on the future of life insurance in Australia, O' Halloran said while insurers getting ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
Mutual life insurer PPS Mutual has launched a timesaving underwriting offer for existing members to add cover to their policy. Members who have a current income protection policy with PPS Mutual can now apply to add or increase life, total and permanent ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
APRA has given life insurers another year to have the policy contract term measure for individual disability income insurance (IDII) in full force by 1 October 2022. The prudential regulator has acknowledged the challenges life insurers are facing ...

ClearView appoints head of life strategy

KANIKA SOOD  |  MONDAY, 3 MAY 2021
ClearView Wealth has hired a former Zurich executive as its head of life strategy and transformation in a newly created role. Maria Falas was most recently Zurich Financial Services' head of mental health and wellness. She held the same role at ...

Disability income faces reckoning

KARREN VERGARA  |  FRIDAY, 30 APR 2021
The former chief executive of TAL has slammed life insurers' ineptitude in managing disability income products, invoking the industry to come together and find a solution by the end of the year. Speaking at the 2021 Actuaries Summit on Wednesday ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...