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Showing 291 - 300 of 705 results for "Life insurer"

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... related party to provide group life insurance, or who enter into a contract, arrangement or understanding with a life insurer by which the insurer is given a priority or privilege in connection with the provision of life insurance, to obtain and provide ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
Taking a proactive approach to helping those suffering from mental illness could save insurers up to $750 million per year, according to SuperFriend. Speaking to Financial Standard, Superfriend chief executive Margo Lydon said that of the $180 billion ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... superannuation fund has brought to an end its long-standing relationship with Hannover Life Re, appointing a new life insurer. At the same time, the fund has increased its indirect administration fee. Intrust Super recently awarded its group insurance ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
Total and permanent disability insurance and the claims handling processes of insurers are well within ASIC's sights. Following the release of an ASIC review into TPD which found significant, industry wide problems with product design and claims handling ...

TAL launching new product

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
Life insurer TAL is set to launch a new specialised product which it says is the first of its kind in Australia. The product is designed to protect people with diabetes and will include offers of life insurance premium reductions for customers who demonstrate ...

BDM pay healthy despite headwinds

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
New insights on the salaries of business development managers reveal they can expect to take home healthy pay packets despite the Royal Commission reducing demand. Research from Kaizen Recruitment on BDM salaries in the financial services industry has ...

TAL shuffles leadership amid restructure

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... of a wider realignment of the business that sees responsibility for its life insurance business split in two. The life insurer has redesigned its structure, splitting its life insurance business into two separate arms - individual life and group life ...

Sunsuper, QSuper confirm merger talks

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... relationship, insurance would contribute an additional layer of complexity to the tie-up, with QSuper owning its own life insurer, QInsure. "These aside, the fact these funds are even considering a merger shows that the race is on. It's as if funds want ...

The cost of mental illness

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
A new report from the Productivity Commission estimates mental ill-health and suicide is costing Australia up to $180 billion a year, or almost $500 million a day. The Productivity Commission draft report on mental health was published on October 31. ...