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Showing 331 - 340 of 492 results for "Group insurance"

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... price of insurance premiums has skyrocketed in the past few months while profit has plunged, especially within group insurance. On top of that, over the last few months super funds have been, one by one, renegotiating their contracts with their life ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... meanwhile, paid tribute to this year's runners up: "This year's runners up a^' Natalie Binns, a product manager in Group Insurance at Suncorp Life and Martin Foo, a policy analyst at the Treasury a^' both presented very innovative ideas." Binns focused ...

FEATURE: Risk at risk

JAMES FERNYHOUGH, LAURA MILLAN  |  FRIDAY, 7 NOV 2014
In the wake of the group insurance crisis, super funds are one-by-one renegotiating their contracts with their life insurers. As a result, premiums are rising significantly, in many cases bringing them in line with retail premiums. This is causing some ...

MetLife partnership extend group insurance to SMEs

MARK SMITH  |  MONDAY, 3 NOV 2014
MetLife Insurance will partner Steadfast, the largest network of general insurance brokers in Australasia, to extend MetLife's group life cover to Australian small to medium-sized enterprises (SMEs). The two companies have produced a suite of co-branded ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 3 NOV 2014
In the latest edition of Financial Standard we look at the crisis in group insurance and consider the future of insurance in superannuation. We also look at how the trend towards in-housing might be putting pressure on asset consultants to change strategy ...

NAB wealth returns "below acceptable levels"

LAURA MILLAN & AAP  |  THURSDAY, 30 OCT 2014
... improved claims and more stable lapse performance. Inforce premiums were up 4.9%, mainly due to improved pricing in group insurance products. Thorburn revealed that NAB is considering selling its business in the UK to focus on the Australian and New ...

APRA releases group insurance best practice guide

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... released the final prudential practice guidelines providing guidance on good practices for insurers in relation to group insurance arrangements. The 12-page document, known as LPG 270, gives guidelines on risk management frameworks, the tender process ...

Group insurance consortiums 'inevitable': MetLife

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
Group insurers must form consortiums if they want to continue to provide group cover to the growing 'mega-funds', according to MetLife head of distribution Michael Goodall. Speaking at an even hosted by the Australian Institute of Superannuation Trustees ...

AustSuper premium hike sees surprise member response

JAMES FERNYHOUGH  |  WEDNESDAY, 22 OCT 2014
... represent good risk to insurers may find they can get a better deal outside the fund. "There is a risk to the group insurance industry that good risks will be picked off, and we'll be left with the bad risks. And what we'll actually find is one of those ...

Insurers worried about striking balance between claims and price

STAFF WRITER  |  TUESDAY, 30 SEP 2014
... insurance companies' execs and employees who took part in the survey that was conducted at the recent AIA Australia Group Insurance Summit said that rising premiums "overwhelmingly remain the most pressing issue for industry professionals." As many as ...