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Showing 481 - 490 of 705 results for "Life insurer"

Life insurance ranks lowest in customer satisfaction

ALEX BURKE  |  THURSDAY, 23 FEB 2017
... satisfied - down from 68.8% in 2015. Only 23.9% of policyholders considered themselves "very satisfied" with their life insurer. Roy Morgan noted that although insurance "is not a product that would be expected to have a high satisfaction rating," insurance ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... the Bill. It includes broadening Approved Product Lists, simplifying Statements of Advice, and very importantly a life insurer Code of Practice. Progress has been made in these areas, but more work is required," Fox said. FPA head of policy and government ...

Partners Life appoints new chairman

EMMA RAPAPORT  |  WEDNESDAY, 1 FEB 2017
New Zealand life insurer Partners Life appointed a former TAL managing director to its board. Current director of Dai-ichi Life Asia Pacific, and director of AFG Australian Finance Group, Jim Minto will take over as chairman of the life company. Minto ...

Zurich hire grows retail risk business

DARREN SNYDER  |  TUESDAY, 24 JAN 2017
Zurich is welcoming a new national sales manager for its retail risk business as the life insurer reshapes its overall proposition. Stepping in to the role is Peter Mitchell, who joins Zurich from State Street where he was managing director and head ...

MLC reveals new executive team

ALEX BURKE  |  WEDNESDAY, 18 JAN 2017
... we provide to our customers, our advisers and superannuation partners. Our goal is to be a truly customer-centric life insurer," Thomas said.

Life insurers complacent on Big Data

ALEX BURKE  |  MONDAY, 19 DEC 2016
The lack of urgency displayed by life insurers in relation to adopting Big Data is unsustainable, a new report suggests. The MLC/Financial Services Council Big Data in Life Insurance report is based on data analysis and in-depth interviews with C-suite ...

Individual risk sales flat for three years

ALEX BURKE  |  FRIDAY, 9 DEC 2016
Growth in life insurers' individual risk business was "virtually static" in the three years to 30 June 2016, research reveals. The Health and Wellness Report, published by Strategic Insight (formerly Plan for Life), highlights that while individual ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
Australia's life insurance regulator is renewing calls to rationalise legacy products that have plagued the industry with poor consumer outcomes and operational complexities. APRA member Geoff Summerhayes told a parliamentary inquiry on the life insurance ...

Life insurance satisfaction declines

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
New Roy Morgan research shows the satisfaction of life and risk insurance policy holders has dropped 1.8% to 67.5% in the past year. While the findings show a drop, satisfaction levels are up from 66.3% three years ago and five of the 13 largest funds ...

Life insurance revenues down

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2016
The total assets held by life insurers has dropped 23.2% over the past twelve months, as demonstrated by APRA's latest life insurance performance statistics. APRA's report for the September quarter shows total assets fell from $293.5 billion to $225.5 ...