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Showing 11 - 20 of 6947 results for "Insurance"

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... sectors, authorised deposit-taking institutions (ADI) have the lion's share of the levy of $114.6 million. Life insurance and friendly societies are allocated $19.1 million. General and private health insurance have $27.2 million and $10 million ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... manage problematic issues arising from total and permanent disability (TPD) products offered across the retail and group insurance channels, a recent roundtable heard. ASIC and APRA warned providers they need to take "decisive action" to address the ...

Janus Henderson expands private credit offering

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
... structured lending to the legal sector, with financing secure against diversified pools of legal receivables and supported by insurance protections and credit enhancements. Co-founder and senior partner of Victory Park Capital Brendan Carroll said asset-backed ...

Super fund-backed AFSL adviser numbers drop: Rainmaker

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... member offerings, initially focusing on intra-fund needs such as investment selection, contribution optimisation, and insurance guidance. "However, given the pace and scale at which the system is growing, this is no longer sufficient," the report said. ...

AMP new boss overhauls executive team

KARREN VERGARA  |  FRIDAY, 22 MAY 2026
... McDermott previously held senior human resource roles at Bloomberg in Hong Kong and spent more than six years at QBE Insurance based in Sydney. Chief marketing officer Tina Cleary, who took on the role in January 2025, was promoted to the AMP executive ...

Hostplus, AIA lose $1.4m TPD dispute

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... truth". According to medical records, the complainant was diagnosed with diabetes in 2018 and made the application for insurance in 2020. He then stopped work in 2021 and lodged the TPD claim in 2022. AFCA said doctors notes also provided an extensive ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... governance, cybersecurity and geopolitical volatility as key areas of supervisory focus, noting AI adoption in banking, insurance and superannuation was accelerating faster than many organisations' ability to manage associated risks. The regulator said ...

ASFA joins Finance Industry Council of Australia

VINNY VUCAGO  |  TUESDAY, 19 MAY 2026
... in FICA strengthens our ability to provide government with cohesive, whole-of-system policy advice spanning banking, insurance, investment and retirement," Hall said. The addition of ASFA also reflected the growing policy significance of the superannuation ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... funds to step up and force the timely and compassionate handling of death benefits, fair and efficient processing of insurance claims, and clear, respectful and accessible communications with members. The government also expects them to have better documentation ...

ACCC approves Zurich's ClearView takeover

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... into effect". In assessing the deal, the watchdog said Zurich and ClearView overlap in Australia in the supply of life insurance products, particularly in the supply of products in the retail adviser channel. It determined "the acquisition may be put ...