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Showing 461 - 470 of 2191 results for "Insurer"

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The prudential regulator has released the final guidance on managing the financial risks of climate change, having made minor amendments following industry consultation. The guidance outlines how institutions must identify and monitor risk, covering ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
APRA is adamant that retirement income products will not suffer the same fate as income protection insurance as it looks to tighten its belt in regulating the post-retirement phase. The prudential regulator's deputy chair Helen Rowell spoke of the ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... outdated definitions by 2014 but did not update the relevant policies until mid-2017 and April 2019. It is also alleged the insurer failed to notify at least 815 customers that their annual premiums had increased, were overdue, or that their policies ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
APRA has finalised its revisions to guidance on insurance in superannuation, which was made in response to findings from the Royal Commission. APRA conducted extensive industry consultation on this matter over two years. Now, the completion of this ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
The federal government is forging ahead with slashing the financial adviser levy by more than a third for those that provide retail advice. Corporate watchdog ASIC today updated its 2020-21 Cost Recovery Implementation Statement, which lays out how ...

MLC Life expands retail distribution leadership

JAMIE WILLIAMSON  |  TUESDAY, 9 NOV 2021
Two senior appointments have been made to the life insurer's retail distribution team as part of its increased focus on supporting financial advisers. MLC Life has appointed a head of retail distribution governance and key accounts as well as a senior ...

Plan For Life names insurance award winners

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
The research and analytics firm announced the winners of its 2021 Excellence Awards for insurers. NobleOak Life took out the Overall Direct Life Insurance Excellence Award for 2021, going up against TAL Life, HCF Life and MLC Life. NobleOak Life also ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... members that there will be a few changes to investments, strategic asset allocations and group insurance. The fund's group insurer MetLife found fewer insurance claims than anticipated had been made by APSS members, resulting in the fund reducing premiums ...

MetLife upgrades adviser platform

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... reforms without disrupting an adviser's ability to quote and apply for life insurance cover on behalf of clients, the life insurer said. MetLife has introduced a straight 70% replacement of income - up to $30,000 per month without income tiering and ...

Integrity Life hires product GM

ANNABELLE DICKSON  |  MONDAY, 25 OCT 2021
The life insurer appointed a general manager, product and proposition, hiring from MetLife. Gary Bailison has been appointed to the newly created role after spending the last six years at MetLife. He was most recently chief transformation officer and ...