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Showing 361 - 370 of 1215 results for "Insurers"

Wealthy Aussies panic buy life insurance

ANNABELLE DICKSON  |  MONDAY, 17 AUG 2020
... in the life insurance industry as a result of the COVID-19 pandemic. "This is a worrying statistic - the reputation of insurers has taken a battering amidst COVID-19 and HNW investors will be more likely to buy insurance products via a third party they ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... and reduce technology risk, the FSC said. It also recommended the government remove regulatory barriers to enable life insurers to offer target rehabilitation payments and early intervention practices. Current legislative requirements prevent life insurers ...

Maurice Blackburn slams FSC

ALLY SELBY  |  MONDAY, 10 AUG 2020
Law firm Maurice Blackburn has slammed the Financial Services Council over its renewed campaign to allow insurers to call the shots on medical claims. Maurice Blackburn principal Josh Mennen said the changes would enable insurers to only pay the medical ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... industry, such as issues surrounding disability income, have been around since the 1990s, he said, also noting that life insurers had already seen evidence of reinsurers and other stakeholders limiting capital investment in the industry. "Incremental ...

Sydney boutique expands team

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Swati Reddy, who formerly worked at CLSA, as senior analyst and Ty Archibald as an analyst. It stays away from banks, insurers and miners with top holdings spread across business services stocks such as Accenture and IT stocks such as Amphenol.

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Insurers COVID-19 response slammed

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
An announcement from the Financial Services Council (FSC) that life insurers would keep their COVID-19 support measures in place until the end of the year doesn't go nearly far enough, a lawyer has said. As part of the insurance response to COVID-19 ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... too low." Hume also suggested that she'd like to see some reform in the way mental health claims are handled by life insurers, acknowledging that COVID-19 was likely to have a serious mental health impact over the short and long term. "Rather than having ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
There have been renewed calls from the country's major life insurers and adviser groups for a reset of the life insurance sector to allow for greater access. The Choice and Assess to Life Insurance (CALI) campaign, includes members from AIA, MLC ...