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Showing 331 - 340 of 725 results for "life insurer"

ASIC boosts AFSL application requirements

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
ASIC has altered the procedure it uses to assess Australian Financial Services Licence applicants, with many now required to provide more historic information to the corporate regulator. ASIC released information sheet 240 to help guide for AFSLs affected ...

KPMG names life insurance lead

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... Zealand, South Africa and Japan. Between 2004 and 2007, she was chief financial officer and appointed actuary at life insurer Asteron, and was a director at Tillinghast-Towers Perrin. Blight-Johnston has held directorships at the Financial Services Council ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... life insurance groups in Australia are also attributable to these factors," Murray said. AMP Life is the largest life insurer in Australia with a 43.6% market share and $98 billion in total assets, according to APRA life insurance data for December ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

MetLife appoints new distribution lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
... general manager, growth, advice and marketing Michael Mulholland has been named chief distribution officer at the life insurer. Mulholland departed Sunsuper as part of a leadership restructure in March. During his time at Sunsuper, the fund grew from ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
As July 1 approaches, some self-managed superannuation fund members are scrambling to ensure life insurance policies held through an APRA-regulated fund aren't suddenly cancelled. With the Government's Protecting Your Super Package about to kick in ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...

Zurich finalises OnePath acquisition

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... insurer Cigna Corporation for NZ$700 million. Zurich Life and Investments chief executive Tim Bailey said that the life insurer's "multi-proposition strategy" would allow customers and advisers to benefit from the choices offered by two specialist life ...

TAL offers advisers ethics assistance

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
The life insurer will offer a training course to help financial advisers apply the Financial Adviser Standards and Ethics Authority's code of ethics. In an effort to help advisers apply the code, TAL is offering a course via its risk academy. Run by ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...