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Showing 21 - 30 of 100+ results for "AIA"

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... FY19. The fund said it paid over $150 million in insurance claims (98% of the claims it received), per its FY20 annual report. AIA Australia acts as the group insurer for HESTA.

Platinum's lead PM for Asia fund departs

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... in India. Its top five holdings at November end included Samsung Electronics (6% of the portfolio), Taiwan Semiconductor, AIA Group, Ping An Insurance and Tencent Holdings. The fund is among the best performers in Platinum's lineup. It delivered ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
AIA Australia is launching a more affordable, simplistic income protection product in early 2021. IP CORE pays a monthly benefit for total or partial disability as a result of injury or sickness that satisfies a material and substantial duties definition. ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... expected to be completed by December 31. In September, CBA received $450 million furthering the divestment of CommInsure Life to AIA Group. The payment followed a $500 million upfront payment in November 2019 and is part of the revised transaction path. ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... investment in coal companies despite positioning itself as an organisation with a focus on sustainability. The campaign, called AIA Kick Out Coal! launched by Insure Our Future and SumOfUs, claims the insurer remains invested in coal companies which ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... resulted in OnePath losing the group insurance mandate that it has held for about a decade. The mandate was instead awarded to AIA, commencing January 1. Under the new arrangement, the cost of unitised death and TPD cover will change to age-based premiums. ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... (at October-end) recently announced several changes to its insurance offering, which included updating the TPD definition AIA insured Sunsuper for life Corporate plans, and Sunsuper for life Business plans. Members with TPD cover who experience a catastrophic ...

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... approved product list (APL), allowing aligned financial advisers to recommend an enhanced suite of insurers. The new APL includes AIA, BT, MetLife, OnePath/Zurich and TAL. BT and MetLife are the two new additions. And, for the first time, the APL will ...

Rice Warner hires fintech, product data lead

KARREN VERGARA  |  MONDAY, 2 NOV 2020
Rice Warner has appointed a head of fintech and product data from CommInsure/AIA Australia to expand the firm's technology footprint. Anthony Saliba will focus on developing client solutions across retirement, advice and technology for the actuarial ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... 94.5%. The average claim time in months on insurance through super was a bit lower than for retail insurance at five months. AIA had the longest wait time at 6.6 months and TAL the lowest at 4.4.