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Showing 461 - 470 of 1245 results for "Insurers"

FPA supports tightening insurance claims

ELIZABETH MCARTHUR  |  MONDAY, 13 JAN 2020
... of alternative documentation requirements developed specifically for the handling and settling of insurance claims by insurers and insurer's representatives," the submission said. "The FPA recommends two clear disclosure and consumer advice warnings ...

Latitude Financial joins banks on AFCA complaints list

ALLY SELBY  |  MONDAY, 13 JAN 2020
Latitude Financial Group has joined the big four banks and a number of insurers as the most complained about financial services companies in the country. It comes after a particularly bad year for Latitude; suffering what has been deemed the biggest ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... said those wishing to inquire about group insurance held through their superannuation should contact their fund, as life insurers don't hold the details of individuals covered by group policies. The FSC is urging those unaware of their super fund ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... provisions in regions impacted by the fires. Insurance will obviously be front of mind for many impacted by the fires. Insurers including QBE and CommInsure have said they will prioritise claims and offer emergency payments and cover accommodation costs ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... TAL. From 1 July 2020, MLC Life will take over as group insurer for TelstraSuper. The fund said the decision to change insurers follows a comprehensive review of its arrangements with TAL; a mandate the insurer has held since 2006 when it replaced Marsh ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... review its insurance offering in early 2019 and chose OnePath after a competitive tender process in which several leading insurers applied, according to Qantas Super senior manager product and insurance Emma Brodie. "As a corporate fund in the aviation ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... the person with personal advice. The corporate regulator said the ban complemented its past enforcement action against insurers engaging in poor sales conduct, noting its successful court case against CommInsure which last week drew a $700,000 penalty ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... disability income insurance. The regulator announced a series of measures, including capital charges, which will require life insurers to address flaws in product design and pricing that are contributing to unsustainable practices. "Life companies have ...

Global group adds to local leadership

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... regional development of the investment management business as well as bringing Munich Re's reinsurance capabilities to insurers and superannuation funds. Francois was most recently director of sales, asset management at DWS, having departed last ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an $86 million loss from risk products in the first half of this year, on the back of a $33 million ...