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Showing 281 - 290 of 705 results for "Life insurer"

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
... share the cost of cover, ultimately increasing the cost of cover," VicSuper said. "We always work with our group life insurer to negotiate bulk insurance rates for our members. Because we're a profit-to-member fund, we don't pay profits or dividends ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
Premiums for retail income protection policies with insurer AIA have climbed substantially over the last two years. One AIA Priority Protection policy sighted by Financial Standard had a 27% increase from 2018 to 2019 and then a 32% increase from 2019 ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... doesn't discriminate and can change lives overnight," Loane said. "We urge all Australians to get in touch with their life insurer or superannuation trustee to find out what their life insurance covers if they're not sure."

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... condition for life insurers and prevent the insurer from inappropriately cancelling a contract in circumstances where the life insurer would still provide coverage." Responses from stakeholders to the draft legislation can be submitted until the end ...

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
The hits keep coming for Australia's life insurance industry, with new data showing total risk premiums inflows dropped by more than $790 million in the 12 months to September 2019, as major players endured another tough year. Australia's life insurance ...

MLC Life chief steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... Life over the years. "This has included leading, as the first chief executive, its establishment as a standalone life insurer whilst separating from the National Australia Bank and joining the Nippon Life Insurance Group," MLC Life said. "This has been ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
The Australian Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
Major players in the wealth management industry are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial ...

Sunsuper head of corporate, insto sales departs

KANIKA SOOD  |  MONDAY, 9 DEC 2019
... billion superannuation fund's head of corporate and institutional sales has left to head retail sales at a major life insurer. MetLife has appointed Meray El-Khoury as its head of retail sales effective this month. El-Khoury reports to chief distribution ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...