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Showing 21 - 30 of 492 results for "Group insurance"

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
... Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services, including superannuation ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information. Meanwhile, group insurance claims paid rose 16% in 2023-24 to a record $5.8 ...

TAL scores new super fund mandate

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025
TAL has won another group insurance mandate, replacing Zurich Australia. The insurance cover for Virgin Money Super members will now be provided by TAL. The fund, which is part of the Mercer Super Trust, said it regularly reviews its insurance arrangements ...

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
GESB is making a range of changes to its group insurance offering, reducing some premium rates and implementing premium waivers for some members. From July 1, certain types of insurance will see premium reductions; GESB offers death, TPD and salary ...

Cbus increases insurance premiums

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... same. Cbus said the change comes after an annual review of fees and discussions with TAL Life, which is the fund's group insurance provider. "Each year we negotiate carefully with our insurer to get you the best value cover we can," Cbus said to memb ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
New group insurance research finds that total permanent disability (TPD) claims are taking much longer to process, while death claims appear to have more efficient processes in place. According to Rainmaker's latest benchmarking data, a total of ...

DII drives life insurance disputes: APRA

KARREN VERGARA  |  THURSDAY, 17 APR 2025
... bugbear for the life insurance industry and is the most highly disputed product among advised, non-advised and group insurance customers, APRA statistics show. In 2024, total DII disputes reached 1987 for advised customers, 366 for non-advised customers ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... case, the retirement income shortfall could be $125,000, or 28%. The Commission, in a 2018 report, concluded that group insurance arrangements were contributing to "excessive" erosion of super balances. The Protecting Your Super reforms were implemented ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... assess life insurers' progress in meeting APRA's product sustainability expectations across both individual and group insurance business." The levies for Small APRA Funds (SAFs) and Single Member Approved Deposit Funds (SMADFs) - a flat rate of $590 ...

Colonial First State completes group insurance review

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
Following a review of its group insurance arrangements, Colonial First State (CFS) has renewed its mandate with AIA. Under the renewed agreement, AIA will continue to provide insurance cover for the 200,000 CFS FirstChoice Employer Super, Essential ...