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Showing 11 - 20 of 289 results for "general insurance"

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... disability income insurance and improving decision-making through data support. In contrast, levy funding for general insurance dropped from $30.2 million to $29.5 million. The industry faces challenges such as natural disasters, rising reinsurance costs ...

AFCA tallies up COVID-19 complaints

JAMIE WILLIAMSON  |  FRIDAY, 12 MAY 2023
... investments (3%), and 154 were over life insurance (0.9%). The bulk of complaints were in relation to credit (48%) and general insurance (30%). By products, 1134 complaints related to superannuation. Looking at the reason for the complaints lodged during ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... the advice that people need on a day-to-day basis," she said. As an example, she said she considers calling a general insurance company and purchasing home and contents insurance is personal advice; "I would like them to be able to give that advice." ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life, OnePath General Insurance, and QBE Insurance in 2020. A spokesperson from the law firm confirmed ANZ and its insurers will pay $42 million while QBE ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... continue to oversee APRA's superannuation activities. Deputy chair Helen Rowell will be responsible for general insurance, Smith will look after life and private health insurance, and McCarthy Hockey will oversee banking. Four of the five members ...

Actuary of the Year named

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... Institute Working Group for the collaboration with the Australian Human Rights Commission (AHRC) and a member of the General Insurance Practice Committee. He has also served as chair of the Actuaries Institute's Anti-Discrimination Working Group. Dolman ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
... completion marks another important step in Westpac's ongoing strategy to simplify, having also offloaded its general insurance and lenders mortgage insurance units in Australia and its New Zealand life insurance business.

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... and have reviewed it more than once. This figure is incredibly low when compared to everyday banking (87%), general insurance (78%) and long-term loans (73%). This is despite 83% of respondents saying life insurance is important and 71% expressing a ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... of fees to deregistered company accounts that still held up to $120 million; and distribution of duplicated general insurance policies to over 7000 customers, some of who paid for more than one policy when they didn't need to. These cases saw Westpac ...

Zurich makes leadership appointment

CHLOE WALKER  |  TUESDAY, 22 FEB 2022
... role of chief claims officer, effective immediately. Leung has served as chief operations officer of Zurich's general insurance business since January 2021. She will also continue in this role until mid-March, Zurich said. In her new role, Leung will ...