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Showing 261 - 270 of 392 results for "Insurance Business"

ANZ profit, wealth FUM up despite insurance concerns

MARK SMITH  |  FRIDAY, 16 AUG 2013
... with in-force premiums up 7%. In line with AMP, which reported yesterday, ANZ highlighted some weakness in its insurance business with lapse rates described as 'above trend'. The bank also said it would continue to tightly manage expenses as it made ...

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
... wealth management and investment businesses. The disappointing performance of the financial services company's insurance business was the only black mark on an otherwise impressive result. Underlying profit was $440 million compared with $488 million ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...

Life insurance risk sees downfall in sales

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
... with a 13.4% annual growth and 13.5% of market share, has taken its place. BT has been the fastest-growing insurance business and its annual growth was 20.7% during the last year. However, BT is the eight business in Australia in terms of market share. ...

Suncorp forced to improve compliance after ASIC review

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
... have to work on administering insurance policy customer discounts and training representatives in its general insurance business. The breaches reported by Suncorp included failure to provide promoted discounts to eligible multi policy general insurance ...

Direct insurance sales grow on consumer confidence

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
... sales on term, income protection and accident insurance were up 15.1%. "Term, income protection and accident insurance business has grown more rapidly than traditional adviser sold and superannuation fund risk insurance in 2012, reflecting increasing ...

Sunsuper creates product management roles

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
... product management roles at OnePath, including most recently as strategic product manager for the group's retail insurance business. The new appointments follow the creation of a new product division at Sunsuper last year. "Ben, Patrick and Keristi have ...

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
TOWER Limited has sold most of its life insurance business to Fidelity Life in deal worth $189 million. Fidelity Life is a New Zealand owned company that specialises in life insurance, personal protection, business insurance, savings, investment and ...

FSC announces winners of insurance awards

LAURA MILLAN  |  WEDNESDAY, 27 MAR 2013
... joined BT in 2008 and has since introduced innovative products and services. He has successfully grown BT's life insurance business and plays a proactive role in industry initiatives. Hay is also an advocate for improved life insurance coverage across ...

Virgin blazes trail with redundancy cover

MICHELLE BALTAZAR  |  WEDNESDAY, 13 MAR 2013
... insured is made redundant. The group's managing director David Curneen told Financial Standard that Virgin's insurance business has been a real success story: the group has doubled its insurance book in the past 12 months as more people sign up to get ...