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Showing 311 - 320 of 1215 results for "Insurers"

Synchron demands clarity from insurers

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
Financial advice dealer group Synchron is urging life insurers to clarify their responses to the new unfair contract terms regime. The new regime will come into effect from 5 April 2021, requiring many policies to be corrected. "Our understanding is ...

Life Company of the Year named

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... insurance companies proved their worth throughout 2020. "Whilst 2020 was a difficult year for the life insurance market, life insurers have continued doing their best to support advisers through increased training efforts, maintained high levels of service ...

Funds SA appoints director of asset allocation

KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
... Townsend said. Funds SA is a public sector fund that manages more than $37 billion for public sector superannuation schemes, insurers, and endowment funds. It was set up in 1995, under the Funds SA. legislation passed by the South Australian Parliament ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... reputation of the market as a whole. The community expects to be treated fairly and with dignity and respect by their insurers. The duty of utmost good faith is a long-standing core principle in the relationship insurers have with their policyholders. ...

Allianz to rectify past deficiencies

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... are finally remediated. "It also highlights the importance of robust oversight by parent entities of Australian-based insurers, with Allianz's German parent, Allianz SE, acknowledging it fell significantly short of APRA's expectations in this regard," ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... over the future viability of insurance provided via superannuation. APRA recently wrote to superannuation funds and life insurers, criticising a list of practices that are resulting in poor outcomes for members, and fearing that history is repeating ...

JANA awarded mandate

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... which JANA is industry-renowned for, alongside helping them navigate the evolving regulatory landscape currently faced by insurers." JANA has been providing advisory services to the insurance industry for nearly 20 years and its insurance clients have ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... policies written by the primary insurer for particular risks. "Reinsurance is vital for the Australian economy as it enables insurers to continue to write new insurance policies," Ridgeway said. "The ACCC is concerned that the proposed merger will reduce ...

PPS Mutual offers new IP solution

ELIZA BAVIN  |  TUESDAY, 16 FEB 2021
... best use of that time," Varnier said. PPS said the offering fills a gap in the market left by the requirement on life insurers to cease offering new agreed value income protection policies in 2020. Additionally, PPS said it sees the opportunity to engage ...

NEOS, ClearView lead satisfaction

ELIZABETH MCARTHUR  |  TUESDAY, 9 FEB 2021
New research from Investment Trends has measured how satisfied risk advisers are with their main life insurers across key service areas, NEOS Life and ClearView on top. It found that NEOS overtook ClearView to become the insurer advisers are most satisfied ...