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Showing 2971 - 2980 of 7046 results for "Insurance"

Freedom Insurance sells stake in NobleOak

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
Life insurance distributor Freedom Insurance Group is selling a stake in its issuer NobleOak Life after finalising a $7 million sale of its non-core investment in the company. The original investment was made in conjunction with the arrangement for ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
... March 2016, the UK Government introduced the Senior Managers Regime (SMR) and Certification Regime in the banking and insurance sector, which puts the onus on the senior employees to prove they are being accountable for their actions. Federal Revenue ...

Fitzpatricks Group acquires financial advice firm

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... Victoria, an ANZ-aligned advice firm which specialises in the provision of retirement planning, financial planning and risk insurance services, was confirmed by Fitzpatricks managing director John McMurdo to be the result of the newly secured capital ...

Underwriting expert joins ClearView

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
... develop adviser relationships and provide insight and direction on underwriting practices to underpin the group's growing insurance portfolios. Page is formerly AIA Australia's state underwriting and operations manager for New South Wales and was also ...

Industry fund welcomes new chief executive

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
... chief executive at the 90,000 member fund. Smith most recently was the head of AXIS Specialty Australia, a specialist insurance and reinsurance provider for four years. He was appointed chief executive of Zurich Financial in 2006 and led the Australian ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... February 2007 and served on the risk, audit and nominations committee. Long-serving board member, Mohl, has extensive insurance-related experience and is providing valuable strategic insight to the bank undertakes a review of its life insurance business ...

Tower lodges cross appeal to NZ High Court

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2017
After having a proposed takeover by Suncorp subsidiary Vero Insurance declined by New Zealand regulators, Tower has lodged a cross appeal against the decision. In a statement to the ASX, Tower advised that it has now formally lodged its own cross appeal ...

Group insurance premium arrangements unclear: ISWG

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... understanding and poor transparency around premium adjustment mechanisms have emerged as major concerns in the latest Insurance in Superannuation Working Group discussion paper. Greater disclosure on premium adjustment mechanisms should be codified and ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... remediation programs for consumers who received non-compliant advice between 1 January 2009 and 30 June 2015. In the life insurance sector, ASIC will start the process of assessing the effectiveness of life insurance remuneration reforms this financial ...

Hastings loses $2.1bn fund mandate

ALEX BURKE  |  FRIDAY, 1 SEP 2017
Unitholders including large super funds, insurance companies and family offices voted to remove Hastings Funds Management as the portfolio manager for a $2.1 billion infrastructure fund. Following an extraordinary meeting with trustee Gardior, unitholders ...