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Showing 441 - 450 of 706 results for "Life insurer"

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 ...

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
Almost half of all financial planners cut ties with at least one life insurer in the last 12 months and a further 27% intend to follow suit. Investment Trends' annual Planner Risk report for 2017 shows a record 47% of planners changed life insurer last ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Life insurers need "common sense" when designing more affordable products that are sustainable for consumers and will create sustainable businesses for financial advisers, according to a new ANZ whitepaper. ANZ Wealth's Life insurance: The case for ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

CommInsure strengthens income protection offering

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
As per CommInsure's commitment to regularly review its offering, the life insurer launched a new income protection product and enhanced its existing TPD and trauma products. The new Income Protection Platinum product comes with a broader set of definitions ...

Lack of expertise driving down competition: APRA

ALEX BURKE  |  MONDAY, 18 SEP 2017
In its submission to the Productivity Commission, APRA called out a lack of expertise and systems capabilities as hindering competition in the Australian financial sector. Noting the high levels of concentration in many financial industry sectors, measured ...

Freedom Insurance sells stake in NobleOak

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
... on sale of the NobelOak investment of approximately $3.3 million, before tax. NobleOak is reinsured by registered life insurer Hannover Life Re of Australasia, a subsidiary of the Hannover Re Group.

Mercer wins super consulting mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
Mercer will act as implemented consultant for the superannuation business at one of Australia's largest life insurers from October. Appointed by TAL for a period of six years, Mercer was selected to support the TAL Superannuation and Insurance Fund ...

MLC Life names chief underwriter, expands medical service

KARREN VERGARA  |  MONDAY, 28 AUG 2017
... levels of growth and transformation. Debbie Kennedy is formerly the group head of protection strategy at UK-based life insurer Royal London. In her newly expanded role, she will report directly to chief customer officer of retail advised insurance, Melissa ...

AIA pilots door-to-door claims program

DARREN SNYDER  |  TUESDAY, 22 AUG 2017
Life insurer AIA Australia is piloting a claims program that provides free door-to-door support in the face of significant health events. In a crisis the Claims on Wheels program will provide clients with their own personal claims consultant who will ...