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Showing 341 - 350 of 1241 results for "Insurers"

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 ...

APRA commends super funds on tough year

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... country was profound and dramatic. "APRA-regulated financial institutions (authorised deposit-taking institutions (ADIs), insurers and superannuation funds) have stood up to the challenge, both financially and operationally, and have continued to fulfil ...

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... ClearView, all these results were mainly driven by changes in their respective Group Risk business," Plan For Life said. Other insurers with relatively flat inflows were Zurich Australia up 1.8% and MLC Life who recorded a loss of 2.3%. Despite this ...

ASIC policy on debenture trustees inconsistent: MSC

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... trustee under the s238GB of the Corporations Act. The section lays the requirements for trustees of unlisted debenture insurers including how much personal indemnity insurance they should hold. MSC said it understood ASIC applied the financial requirements ...

Big year for ESG ahead: MSCI

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
... 200 executives at different asset owners were surveyed by phone late last year, representing sovereign wealth funds, insurers, endowments/foundations and pension funds. All together the executives manage around $18 trillion in assets. An overwhelming ...