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Showing 351 - 360 of 1215 results for "Insurers"

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... claim (728) or denial of claim exclusion or condition (720) were the most common reasons for people complaining. General insurers accounted for 41% of complaints and credit card companies made up 35% of complaints. Just 14% of complaints were directed ...

MS sufferer fights CommInsure definition

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... sclerosis (MS) is fighting to have CommInsure recognise her condition, calling into question the various definitions life insurers use. ClaimRight founder William Johns was assisting a client with MS in accessing the insurance she held through several ...

Investment consultant adds to insurance team

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... leading to further reductions in forward-looking returns from many asset classes. "This is particularly pertinent for insurers who rely on investment returns from traditional defensive assets, such as fixed interest and cash, to support their businesses," ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... their clients they could obtain substantially similar or better insurance policies with lower premiums from alternative insurers," Allsopp said. "Instead of putting their clients' best interests first, the planners were incentivised by commissions and ...

UBS appoints new sector heads for equities

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... at Credit Suisse for the last 10 years, covering diversified financials. Prior to this, he spent a decade working for insurers QBE and Swiss Reinsurance. He is also an associate of the Institute of Actuaries of Australia. "Together with Shreyas Patel ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... an opportunity for faster transformation and adoption of new ways of working," it said. After working with advisers, insurers and wealth managers across Europe, Asia Pacific, the Middle East and Africa, Tamir said the successful advisers of the future ...

QIC portfolio manager moves to Funds SA

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... Townsend said. Funds SA is a public sector fund that manages more than $30 billion for public sector superannuation schemes, insurers and endowment funds. Last year it hired Cameron Sinclair from Future Fund as the director of growth alternatives. Funds ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... outcome for the fund's 1.2 million members and has been secured at a time when a number of other funds and their insurers have had to increase insurance premiums or are likely to do so in the near future.

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... many companies paying higher dividends than expected," Price said. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVID-19's impact was clearer. At July end, it relaxed dividend payout expectation ...

Front loaded discounts lead to worse outcomes

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... policies are more likely to lapse due clients wanting to continually switch to a lower first year premium. "In 2019, life insurers lost $1.3bn, lapse rates for traditional life insurers remained stubbornly high at about 17% and policyholders have had ...