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Showing 371 - 380 of 1215 results for "Insurers"

AIA Australia appoints behavioural economics lead

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... people." AIA Australia is the life insurer for many superannuation funds including BT Super and HESTA. Australian life insurers posted a net loss of $1.8 billion for the year ending March, taking a significant hit from the previous year's profits ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... the numbers were even worse with 77% rejected under ADL definitions. The regulator suggested, but did not mandate, that insurers move away from using ADLs. Health & Finance Integrated managing director William Johns says he hasn't seen much of a shift ...

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... will see their insurance premiums rise substantially come 1 August 2020 now that the super fund has officially switched insurers to MetLife. The fund blamed a range of factors for the increase, mostly surrounding the effects of the COVID-19 pandemic. ...

Qantas Super awards insurance mandate

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... the global insurer, saying the COVID-19 pandemic in part led to the decision. "With the COVID-19 pandemic leading many insurers to review their premium rates, we have been negotiating with insurers to minimise any premium increases for our members," ...

Australian Unity rejigs executive lineup

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... what is already a sizeable market. A number of large Australian super funds, implemented asset consultants and general insurers have all expressed interest in green debt markets," Bovingdon said. Crestone Wealth Management chief executive Michael Chisholm ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... commend financial institutions for their quick response to the pandemic," he said. "As always, we encourage banks and insurers to maintain open and transparent communication with their customers about the support available to them if they're experiencing ...

Life insurers disregard code of practice

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
The Life Code Compliance Committee has said that life insurers appear not to be taking their obligations under the Life Insurance Code of Practice seriously. The code came into effect in 2017, with the independent committee now publishing its second ...

Investors should factor in climate risk: JANA

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... responses by governments pose a significant risk to returns. In a report sent to clients, including superannuation firms and insurers, JANA urged investors to ensure climate-related financial risk is adequately considered and monitored, as climate change ...

Dividend yield set to dial down to zero

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... dividend without some sort of capital impost, or elevating their gearing. "In April we had APRA writing to the banks and insurers requesting a prudent reduction in dividends and a materially reduced level of returns to shareholders over the coming months." ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
Life insurers are continuing to pay out more for mental health related claims, as Australians take longer to return to work, according to new analysis. The latest edition of KPMG and the Financial Services Council's five year study on life insurance ...