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Showing 261 - 270 of 6951 results for "Insurance"

APRA acknowledges need to reduce regulatory burden

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
... economic uncertainty, it's important the Australians can rely on the financial and operational resilience of our banking, insurance and superannuation sectors. It's clear the entities we supervise also see the value in what we do to protect financial ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... the rise of passive funds is unlikely to diminish the appetite for alpha among large institutional investors, such as insurance companies, foundations, endowments, and pension funds," the report said. Overall, alpha potential will likely prevail for ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information. Meanwhile, group insurance claims paid rose 16% in 2023-24 to a record $5.8 ...

Life insurer chief executives step down, successor named

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... Resolution Life founder, chair and chief executive Clive Cowdery said the appointment came at an important time for the life insurance industry across Australia and New Zealand, while also thanking Tez for his contribution for the last three years. de ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... of June 20 with members transferred to a Super Savings Accumulation account with ART. As a result, the structure of insurance, its costs and terms and conditions have changed to be in line with the Super Savings Accumulation insurance cover. However ...

Small industry super funds beat giants on trust, service, value

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
... was sued for allegedly failing to act honestly and fairly in handling death benefit and total and permanent disability insurance claims, and AustralianSuper, for similar issues, clearly illustrate this. "The journey between small funds and their members ...

Increased local, international demand drives practice valuations

MATTHEW WAI  |  WEDNESDAY, 18 JUN 2025
... recorded the lowest increase in valuation, growing from 2.3x-3.0x to 2.5x-3.2x in the 12 months to June 2025. In risk insurance, clients under 55 are valued at 2.5x to 3.2x, and 2.1x-2.8x for those aged between 55 and 60. However, books of risk clients ...

Ascalon hires from SCM, Zenith and GQG

ELIZABETH FRY  |  MONDAY, 16 JUN 2025
... professional services firm. Before his 10 years with SCM, he served as head of strategic accounts and IFAs at NAB Wealth and insurance lead at MLC. He also worked at Colonial First State as head of platform distribution. Hawke, who will now oversee portfolio ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... FSGA must remain a member of the Australian Financial Complaints Authority (AFCA) and maintain professional indemnity insurance until 4 June 2026.

TAL partners to expand access to affordable insurance

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... eligible for other types of cover, paying benefits of $100-$300 per day for income protection and up to $150,000 for life insurance, TAL said. It will be offered directly to consumers through a range of organisations across the health and banking sectors ...