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Showing 371 - 380 of 2326 results for "life insurance"

ClearView recruits chief claims officer

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... 10 years at ANZ in senior claims roles prior to the merger. At ClearView, she reports to the general manager of life insurance Gerard Kerr. "With over 25 years of financial services experience, including the past 12 years in senior claims roles at Zurich ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... losses are on top of remediation relating to superannuation misconduct ($45m) and an adjustment for the sale of its life insurance and mature business ($65m). AMP chief executive Alexis George said: "As we have developed our strategies for the post-demerger ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

ClearView, Manulife to launch retirement products

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... undertaking a strategic review with a focus on maximising shareholder value. Elsewhere, ClearView launched a new suite of life insurance products that come with significant changes to income protection and aim to address the shortcomings in existing ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... AIA recorded 115.2% growth and was followed by ClearView (23.7%) and MLC (13.7). The statistics come after the life insurance industry said the increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... service failures that occurred between 1999 and 2020. The action is against MLC Limited, the entity that owns MLC Life Insurance. The failures were the result of poor systems and controls, ASIC said, resulting in $17.5 million in financial harm to more ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... sufficient scale. Also piled into the new division was its wealth platforms, investments business, general and life insurance, and auto finance. In August this year the sale of the life insurance business was announced, with Tal Dai-ichi Life Australia ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... be required to strengthen arrangements to protect members from potential adverse outcomes caused by conflicted life insurance arrangements. This will include ongoing reviews of insurance arrangements and how they benefit members. Trustees will also have ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... its 2020-21 Cost Recovery Implementation Statement, which lays out how much it recovers from the superannuation, life insurance and financial services sectors it regulates. Licensees that provide personal advice to retail clients will pay a fixed $1500 ...

Licensee chair steps down

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
... alternative to the large institutionally owned dealer groups that dominated the landscape at the time. His career in life insurance began with MLC and later Aetna Life & Casualty. He co-founded Associated Planners in 1989, which was later sold to Challenger ...