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Showing 3311 - 3320 of 7050 results for "Insurance"

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
BT Financial Group chief executive Brad Cooper has defended BT's life insurance arm after it was revealed the 37% TPD denial rate highlighted in ASIC's industry review came from his company. Last week, ASIC came out with its review of life insurance ...

Finalists for SelectingSuper Awards announced

DARREN SNYDER  |  FRIDAY, 14 OCT 2016
... Year Award. This year sees the addition of several new categories, including Asset Consultant of the Year and Workplace Insurance Offering of the Year. There are also separate categories for MySuper Lifestage Product of the Year and Innovation - Millennial ...

Fix super for indigenous Australians: KPMG

MARK SMITH  |  FRIDAY, 14 OCT 2016
... in cases of severe hardship for indigenous Australians. The report also questioned the appropriateness of providing insurance inside superannuation, adding that improvements should also be made to cultural awareness for dealing with indigenous Australian ...

Aussie government bond flaunts confidence

DARREN SNYDER  |  THURSDAY, 13 OCT 2016
... investor base by attracting investors with an appetite for very long dated maturities, for example, pension funds, life insurance companies and fund managers." He added another positive outcome from extending the yield curve is that it provides a benchmark ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
... insurers, with TPD denial rates as high as 37% in one instance. The regulator has issued its industry review of life insurance claims, and found that while the majority (90%) of claims are paid in the first instance - $8.2 billion was paid out by the ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
... Complaints Tribunal in relation to CommInsure matters. The update of sorts comes as ASIC releases its new report, Life insurance claims: An industry review. The report identifies a number of areas as potential opportunities for law reform in relation ...

Bank life risk businesses lose market share

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Bank-owned insurers including CommInsure and NAB/MLC have lost some of their share of the life insurance risk market to the likes of TAL and AIA owing to significant falls in the sale of new premiums, the latest data from Strategic Insight shows. Numbers ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Prominent legal firm Slater and Gordon believes the Life Insurance Code of Practice is a missed opportunity to fix serious systemic problems in the industry. Several life insurers welcomed the Code issued by the Financial Services Council (FSC) yesterday ...

Dunsford explains backpedal at EGM

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
... at the recent extraordinary general meeting (EGM). The director of Dunsford Financial Planning and leader of the Life Insurance Customer Group (LICG) attempted to withdraw the motion at the eleventh hour in a meeting with the AFA board but was unsuccessful ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... have the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today, goes beyond what is required ...