Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 431 - 440 of 705 results for "Life insurer"

Financial literacy the bridge for income protection gap

JAMIE WILLIAMSON  |  FRIDAY, 17 NOV 2017
Classroom-style financial education programs in the workplace and hands-on practice and counselling can play a significant role in closing the income protection gap. That is a key finding from a recent study by Zurich in partnership with the Smith School ...

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
The lack of common definitions among life insurers is making it difficult for regulators to investigate claims payout ratios and is setting back attempts to standardise definitions across the industry. The joint project between APRA and ASIC, which ...

AMP introduces facial recognition for mobile clients

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Users of AMP's wealth management apps can now log-in via facial recognition. Facial recognition identification enhances the experience of using the Bett3r and My AMP apps, according to AMP's director of digital and design, Michael Weeding. "The apps ...

NZ Super Fund to invest $90m in life insurer

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
... large life insurance provider, taking a 41.1% stake in the company. Fidelity Life is New Zealand's largest Kiwi-owned life insurer. Subject to shareholder approvals and other conditions, the super fund will purchase NZ$75 million of new shares at NZ$115 ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
The financial advice industry shelled out $37 million in FY17 to 2200 clients that suffered financially from bad advice, according to ASIC. The regulator completed 227 "high-intensity surveillances" of financial advisers and banned a total of 35 "bad ...

MLC Life enhances benefits, boosts savings

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
... or intracranial brain tumour under the extra benefits option. "Our ambition is to be the leading and most trusted life insurer in Australia. We regularly review and update our medical definitions in line with industry best practice to ensure are customers ...

AIA Vitality launches charitable option

KARREN VERGARA  |  WEDNESDAY, 18 OCT 2017
... Smith said cancer, diabetes, respiratory and heart disease are responsible for 90% of the deaths in Australia. "As a life insurer, we see the impacts of this on our claims. These partnerships were chosen to support our vision to embrace shared value ...

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
TAL continues to hold the largest share of the $16.1 billion life insurance market in the 12 months to June, figures from Strategic Insight show. TAL recorded $2.9 billion in risk premiums, closely followed by AIA Australia with $2.3 billion in which ...

Advisers underrated at claim time

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
Financial advisers must recognise they are the key conduit between clients and life insurers; otherwise the experience at claim time could be unfavourable to all parties. Succession Matters insurance and estate planner Mike Sayer said advisers who accept ...

CommInsure executive joins AMP

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
A former CommInsure executive has joined AMP as senior manager, insurance governance. Vicky Galanis joins AMP from CommInsure, where she was executive manager - life claims. Prior to that, she was head of individual insurance claims at AXA. Galanis ...