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Showing 281 - 290 of 6954 results for "insurance"

HESTA moves risk chief to advisory role

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... conducting a global hunt for Major's permanent replacement. As an actuary who has worked extensively in the pension and insurance areas globally, Tagwira brings extensive experience in financial services with a strong background in leadership, risk ...

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
... website and app. Members logging in can now view updated balances and update their personal details. They can also manage insurance cover and claims and switch investment options. However, although online services have resumed, HESTA advised that processing ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... taken Choosi to the Federal Court for allegedly failing to provide a range of comparable options on life and funeral insurance policies to customers and instead flogging products solely from Hannover Life Re. From at least 1 July 2019 and to this day ...

Dai-ichi Life acquires 15% of M&G

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... British asset manager M&G, with the two establishing a long-term strategic partnership across asset management and life insurance. Under the partnership, which is expected to produce at least US$6 billion of new business flows for M&G and US$2 billion ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
The life insurance industry appears to have moved past its loss-making years, reporting a $332 million profit at the end of March, new APRA figures show. About $5.7 billion was generated in insurance revenue, marking a 3% rise from the December 2024 ...

Zurich snatches Suncorp claims specialist

MATTHEW WAI  |  FRIDAY, 30 MAY 2025
Zurich Financial Services Australia has appointed a new head of claims excellence for Australia and New Zealand from Suncorp. Currently serving as head of complex natural hazard home claims at Suncorp, Morris Garsin will join in August to drive Zurich's ...

Aware Super recruits Marsh McLennan risk specialist

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... Super is bolstering its risk management and compliance team with a senior hire from Marsh McLennan, the global risk and insurance giant. The $200 billion industry fund has appointed Norlena Brouwer as head of business risk and compliance for enablement ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... transfers (29%) and estate planning (37%), while newly established SMSFs are far more focused on tax minimisation (37%), insurance (26%), and purchasing an investment property (25%). Tax and retirement planning represented the largest cluster of unmet ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement for the class action, which was brought against the fund in the Federal Court in November 2021 ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
BUSSQ MySuper and Premium Choice account holders will see lower administration fees, however their insurance costs will rise from July 1. The $7 billion super fund will no longer charge members a weekly administration fee of $1.75 ($91 per year) and ...