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Showing 291 - 300 of 6952 results for "Insurance"

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... a non-parliamentary sitting week," he said. The AIOFP's policy focus in the short term will be on the CSLR, Life Insurance Framework (LIF) and rationalisation of the compliance regime. "We have been reliably informed that Dr Mulino will avoid the ...

Cbus increases insurance premiums

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
Cbus will increase insurance fees for death and total and permanent disability (TPD) cover from July 5. Those aged between 15 and 25 will see their fees remain the same, but those in older age brackets will be paying slightly more each week. For members ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... with offshore staff'. How on earth does that protect Vision Super? If you've got offshore staff, I've got cyber insurance for all that type of stuff, there's no indemnity or liability to Vision Super because the clients have signed the form ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
New group insurance research finds that total permanent disability (TPD) claims are taking much longer to process, while death claims appear to have more efficient processes in place. According to Rainmaker's latest benchmarking data, a total of ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
HCF Life Insurance has been fined $750,000 by the Federal Court for misleading the public about a pre-existing condition term under its Recover products. Last October, the court ruled the term would deny coverage if a customer did not disclose a pre-existing ...

Australian Ethical calls out QBE

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025
Australian Ethical Investment has called on QBE Insurance Group to disclose the risk climate change presents to its ongoing business, and the justification for its policy that allows the continued unrestricted underwriting of new oil and gas projects ...

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
Annual premiums from active life insurance policies fell 1.7% to $16.2 billion in the year to December 2024 - a $300 million decline from the previous year - according to DEXX&R. The market research firm's latest Life Analysis report showed total new ...

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... of Berkshire Hathaway Energy, joining the group in 2000. He has served as Berkshire Hathaway's vice chair for non-insurance operations and was appointed to Berkshire's board of directors in 2018. Back in 2021, Buffett already flagged Abel as ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... incumbent platforms losing market share to specialist platforms," it said. Challenger, meanwhile, stands out for its life insurance-led business model and longevity growth options. But the wealth manager "needs to lift returns." Morgan Stanley said Challenger ...

TWG Global takes stake in Mubadala Capital

JAMIE WILLIAMSON  |  FRIDAY, 2 MAY 2025
... "strategic investment alliance" to drive long-term value creation. TWG Global has interests across financial services, insurance, AI and technology, sports and entertainment, and energy. It has an enterprise value of over $62 billion (US$40bn), and its ...