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| | | Life insurance risk markets experienced a good year of growth last year, climbing 11.5% from $9.1 billion to $10.2 billion with AIA Australia taking the lion's share, according to Plan For Life data. Plan For Life recorded 11.5% growth for the 12 months ... |
| | | | ... largely flat at $30.57 after the diversified group said it expected a 74 per cent drop in first-half earnings from its insurance division. It's the latest insurer to see a slump in profits because of a record number of natural disasters in 2011. The ... |
| | | | ... preferred solution of the CSSA. The Stronger Super proposal to restrict members' withdrawal from life and disability insurance to 90 days also came in for criticism in the Aon submission. "Opt out should be unrestricted as members' needs may change," ... |
| | | | Qantas Super members can now avail themselves of extra voluntary insurance options through a new partnership between the fund and MLC. The options include voluntary Death and Total & Permanent Disability (TPD) cover of up to $750,000, as well as extra ... |
| | | | ... 25 points at 4,141, with 11,915 contracts traded. Financials gained 0.5 per cent on a spate of news from the sector. Insurance Australia Group gained after it said it had bought New Zealand's second-largest insurer for $NZ380 million ($290 million) as ... |
| | | | ... Asian tiger was continuing to develop its non-banking financial services sector, its continuing IPO activity and growing insurance sector. The UK has meantime held its ranking as far and away the most financially advanced European nation, indirectly ... |
| | | | ... research by Rainmaker, is among the superannuation market's top long term performers, with among the lowest fees and best insurance arrangements. It has out-performed the market in eight of the last 10 years and charges accumulation members a Total Expense ... |
| | | | ... target of ten years according to the legislation, with an onus on the MySuper investment strategy to be diversified. Insurance covenants have also been laid down on the basis that "the cost of the insurance does not inappropriately erode the retirement ... |
| | | | Macquarie Life has launched a new online insurance application process for financial advisers and insurance brokers, adding to its Macquarie LifeConnect service. The new online service, WebConnect, will allow advisers and brokers to begin a client's ... |
| | | | ... underwriting platform. CommInsure used learnings from its retail business with the aim of helping members to up their insurance cover to more than the default level provided by their super fund. "Insurance is often too far down the priority list for ... |
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