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Showing 271 - 280 of 376 results for "Comminsur"

Wealth performs steadily as CBA profits soar

MATT WOODINGTON  |  WEDNESDAY, 10 AUG 2011
Commonwealth Bank of Australia's wealth management division reported after tax net profit of $642 million for the financial year ended June 30 2011, while the wider group netted a 12% cash profit boost. Wealth Management had net operating income of ...

Fund flows push life risk market to $9.5b

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
Life risk insurance is enjoying steady growth and group risk sales have jumped as large deals change hands, latest figures show. Risk premium inflows increased to $9.5 billion in the year to March, an increase of 10.4% over the $8.6 billion collected ...

Rainmaker reveals 2011 Sales & Marketing Excellence Awards

MATT WOODINGTON  |  THURSDAY, 14 JUL 2011
Challenger emerged as the biggest winner from the 2011 Rainmaker Sales & Marketing Excellence Awards Dinner last night, picking up three awards, while PIMCO, Legg Mason and AustralianSuper each scooped two. The awards dinner, compared by ABC newsreader ...

HESTA forms new relationship with CommInsure

ELISE BURGESS  |  MONDAY, 27 JUN 2011
HESTA has partnered up with CommInsure to offer income protection to age 67, moving away from OnePath. Starting from next year, HESTA members will receive improved death benefits. The super fund said that under the new insurance offer, a 40 year old ...

CommInsure hires AMP manager to strengthen retail advice

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
CommInsure has appointed former AMP Financial Planning regional manager Andrew Kennedy as its new head of retail advice distribution. CommInsure has also appointed Mark Sheldon to the newly-created role of head of business retention and growth, to help ...

TWUSUPER upgrades member insurance

MATT WOODINGTON  |  TUESDAY, 17 MAY 2011
Transport and logistics industry fund TWUSUPER has strengthened its insurance package for members, offering increased death and total and permanent disablement (TPD) cover. As of May 28, the $2.4 billion fund will implement a raft of changes having ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Life insurers predict dealer groups will create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions ...

TOWER, CommInsure tie as top insurers

ELISE BURGESS  |  THURSDAY, 24 FEB 2011
TOWER Australia and CommInsure both named Life Company of the Year in the Association of Financial Advisers (AFA) and Plan for Life awards held yesterday. In a surprise, the two life insurers ranked equal in the main category, with the awards committee ...

CBA wealth arm boosts profits

MATT WOODINGTON  |  WEDNESDAY, 9 FEB 2011
Commonwealth Bank reported solid results for 2010, buoyed by the strong performance of its funds management business. CBA Wealth Management delivered underlying profit after tax of $329m for 2010, a 12 per cent rise on the previous 12 months. Its net ...

Lombardo walks into OnePath

MATT WOODINGTON  |  MONDAY, 7 FEB 2011
Claude Lombardo has taken over as the new Group Underwriting Manager at fund manager and life insurers OnePath. Lombardo, an underwriting specialist with over 30 years of experience in the financial services industry, replaces Huw Parry who left the ...