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Showing 4901 - 4910 of 7051 results for "Insurance"

Life insurance up 11.5% to $10.2bn

ELISE BURGESS  |  FRIDAY, 20 JAN 2012
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 ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 JAN 2012
... 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 ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
... 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 taps MLC for insurance

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
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 ...

Market Wrap - Midday

AAP  |  FRIDAY, 16 DEC 2011
... 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 ...

HK tops US as most advanced financial economy

ALEX DUNNIN  |  THURSDAY, 15 DEC 2011
... 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 ...

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
... 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 ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... 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 launches online insurance service

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
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 ...

CommInsure launches underwriting platform

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
... 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 ...