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| | | ... definitions. Peter Tilocca has joined as the new head of underwriting, bringing over 20 years of experience in life insurance. Tilocca has led underwriting, operations and claims teams at Zurich, OnePath Life, RGA Australia, ANZ and ING. He was most ... |
| | | | ... said he is a seasoned financial services executive with a proven track record that has spanned two decades in advice, insurance, distribution, and strategy. "Niall was responsible for numerous functions including sales, new business, underwriting, claims ... |
| | | | ... respondents. Following that, geopolitical risks and their potential to magnify liquid, market, credit, investment, and insurance risks, was flagged as critical or high by 70% of respondents, while 48% said the same for operational risk. Notably, cyber ... |
| | | | Australian Ethical has made changes to its insurance offering to provide Standard Default Cover members with a higher level of coverage at all ages, while also reducing fees for most age groups, while other age groups will see costs unchanged. From ... |
| | | | ... economic uncertainty, it's important the Australians can rely on the financial and operational resilience of our banking, insurance and superannuation sectors. It's clear the entities we supervise also see the value in what we do to protect financial ... |
| | | | ... the rise of passive funds is unlikely to diminish the appetite for alpha among large institutional investors, such as insurance companies, foundations, endowments, and pension funds," the report said. Overall, alpha potential will likely prevail for ... |
| | | | Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information. Meanwhile, group insurance claims paid rose 16% in 2023-24 to a record $5.8 ... |
| | | | ... Resolution Life founder, chair and chief executive Clive Cowdery said the appointment came at an important time for the life insurance industry across Australia and New Zealand, while also thanking Tez for his contribution for the last three years. de ... |
| | | | ... of June 20 with members transferred to a Super Savings Accumulation account with ART. As a result, the structure of insurance, its costs and terms and conditions have changed to be in line with the Super Savings Accumulation insurance cover. However ... |
| | | | ... was sued for allegedly failing to act honestly and fairly in handling death benefit and total and permanent disability insurance claims, and AustralianSuper, for similar issues, clearly illustrate this. "The journey between small funds and their members ... |
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