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Showing 361 - 370 of 988 results for "Death"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... first time. Germany's DAX fell 7.94%, while Italy's bourse fell 11.17%. It comes as Britain announced its fourth death from the coronavirus, with 319 confirmed cases. While the Italian government has placed the entire country on lockdown as its ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... months to 31 December 2019. Group life insurance was the second largest issue, making up 37.6% of complaints, followed by death benefits distribution at 11.3% and pension issues with 1.4%. In terms of life insurers, TAL received the most complaints ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... 2020. The transition included about 280,000 members. As a part of the transition, members under 35 years of age saw their death cover slashed by up to 75% (with a corresponding decrease in the premium amounts), fees for some members went up as much as ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... and logical prognoses for the epidemic but these two words - irrational and fear - would be, in a manner of speaking, the death of us all. This fear has prompted the Italian government to lock down the entire Lombardy region, along with at least 15 neighbouring ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... Limited has reviewed the insurance premiums that members pay," Defence Bank said. Both funds said for members with only death cover, or death and TPD cover, or those with income protection cover will see insurance premiums increase 34%. Crescent Wealth ...

Allianz Retire+ moves to increase retiree confidence

HARRISON WORLEY  |  TUESDAY, 3 MAR 2020
... fund the rest of their life. "The number one fear retirees have is running out of money, in fact, they fear that more than death," Lennon said. "So that is the number one risk we need to manage". Lennon said traditional financial advice is often modelled ...

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
Cbus is changing the way it calculates insurance premiums, with members set to pay more for death and TPD insurance cover. From April 1, Cbus members' insurance premiums will be based on their age in a move designed to more closely reflect what it costs ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... result in a reduction in premiums for the majority of members and improvement in a number of policy terms and definitions for death, TPD and income protection cover. "Whilst every effort has been made to reduce premiums for all members, a small number ...

Chief economist update: Coronavirus causes equity market correction

BENJAMIN ONG  |  MONDAY, 2 MAR 2020
... days" "The coronavirus crisis has deepened over the weekend, with the number of countries affected climbing past 60 and the death toll hitting 3000." So goes another grim headline from Associated Press which, I surmise, is to take eyeballs and/or readership ...

Chief economist update: A sensationalised version of the flu?

BENJAMIN ONG  |  FRIDAY, 28 FEB 2020
... world have reported a total of 82,794 confirmed cases of the coronavirus COVID-19 that originated from Wuhan, China, and a death toll of 2,817 deaths". Based on its figures, this equates to a death rate of 3.4% -- it's grown from earlier estimated ...