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Showing 321 - 330 of 492 results for "Group Insurance"

Rice Warner highlights $1.8trn insurance gap

ALEX BURKE  |  TUESDAY, 14 JUL 2015
... underinsurance in life, TPD and income protection) is $1.6 billion. At the same time, it's unclear whether increasing group insurance cover would solve the problem, given that this could result in attrition of super balances, which would then potentially ...

Small funds winning group risk race

ALEX BURKE  |  MONDAY, 15 JUN 2015
Larger superannuation funds appear to have no scale benefit when it comes to getting a good deal on group insurance premiums, the latest study from Rainmaker shows. The Autumn 2015 Rainmaker Superannuation Benchmarking report analysed 15,408 risk options ...

Risk inflows up despite tightening margins

ALEX BURKE  |  MONDAY, 1 JUN 2015
... strategies to deal with risk and business management standards in the life and risk industry. APRA highlighted group insurance as the primary culprit, with issues in the sector driven by unemployment and adverse economic changes; growing super fund member ...

AIA appoints New Zealand head

MARK SMITH  |  FRIDAY, 22 MAY 2015
... the person to replace Wayne Besant as chief executive for its New Zealand business. Former AIA Australia chief group insurance officer Natalie Cameron commences in the role on 8 June. Besant, meanwhile, is heading to South East Asia where he will lead ...

Life insurer premiums up amid group policy concerns

ALEX BURKE  |  TUESDAY, 19 MAY 2015
... instances where these issues are not being addressed. The primary area of concern appears to be tightening margins in group insurance, driven by unemployment and adverse economic changes; growing super fund member awareness of and legal involvement in ...

Club Super partners CommInsure

STAFF WRITER  |  MONDAY, 18 MAY 2015
... million in assets under management. "I am delighted to announce the appointment of CommInsure as our strategic group insurance partner," Club Super chair Barry Meiklejohn said. "We are impressed by CommInsure's strong commitment to service and its focus ...

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
... advisers' cost concerns and paying benefits without admission of liability to avoid negative media attention. Group insurance, meanwhile, was affected by "large amounts" of cover being provided without the requisite underwriting checks, poor data capture ...

Suncorp Life appoints distribution GM

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... years. During that time, Suncorp's life insurance business has struggled to keep up with the challenges that the group insurance industry has faced. The latest statistics released by the Australian Prudential Regulation Authority (APRA) show that revenue ...

AMP profit up 32% in 2014

LAURA MILLAN  |  THURSDAY, 19 FEB 2015
... sustained with continued improvement to processes, products and culture," Meller said. Another weak spot within AMP is group insurance as it remains the business' less profitable division, with losses of $18 million over 2014, but did significantly better ...

Suncorp tight-lipped on CEO departure

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
... years. During that time, Suncorp's life insurance business has struggled to keep up with the challenges that the group insurance industry has faced. The latest statistics released by the Australian Prudential Regulation Authority (APRA) show that revenue ...