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Showing 481 - 490 of 994 results for "Premiums"

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... individual life insurance reported profit margins of $136 million, down 10% on the prior year. Life insurance in-force premiums were steady at $1.6 billion. Insurance income decreased because of adverse insurance claims and a one-off experience loss ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... information known to the insurance applicant is not disclosed, it may be expected to lead to anti-selection, increasing premiums and ultimately impacting the financial sustainability of the industry," the report reads. "Conversely, if it is known that ...

MLC Life enhances benefits, boosts savings

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
... E-rollover accounts. Heyhoe said ensuring policies are as affordable as possible is paramount. "We have been able to keep our premiums low in recent times, and by making it easier to access further discounts we are making life insurance even more affordable ...

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... life insurance market in the 12 months to June, figures from Strategic Insight show. TAL recorded $2.9 billion in risk premiums, closely followed by AIA Australia with $2.3 billion in which the latter holds 14.5% of the market. AMP Group and MLC Life ...

ANZ splits OnePath businesses, revamps life insurance team

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... Retail) and other closed superannuation products issued by OnePath. ANZ will retain OnePath's life insurance with in-force premiums of $1.6 billion, and general insurance with in-force premiums of $226 million; life company products which include group ...

Westpac faces class action over life insurance

KARREN VERGARA  |  MONDAY, 16 OCT 2017
Westpac is facing a class action for allegedly charging higher life insurance premiums via its network of financial planners. Shine Lawyers filed the class action against the bank and its subsidiary, Westpac Life Insurance Services, on behalf of customers ...

MLC Life enriches health and wellbeing program

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
MLC Life Insurance is offering discounted premiums to customers that take at least 37,500 steps each week. As part of an enhancement to its MLC On Track program, MLC Life is offering 5% off premiums for new customers for the first 12 months when they ...

Intrust offers more premium reductions

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
Intrust Super will also reduce life and total disability insurance premiums shortly after it dropped income protection premiums by as much as 12%. The discount will impact the fund's life and TPD premiums across three products: Core MySuper, Executive ...

MLC fixes premiums for 12 months

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... Protectionfirst, Personal Protection Portfolio and Life Cover Super retail customers. The pricing guarantee also extends to future premiums payable for new customers after October 9. MLC Life said it will be guaranteeing premium rates until 1 January ...

To opt in or out of life insurance: Spot poll

KARREN VERGARA  |  TUESDAY, 3 OCT 2017
... AustralianSuper group executive of membership, Rose Kerlin, said the move follows feedback from members stating group insurance premiums were eroding account balances. The recent life insurance parliamentary inquiry found group insurers were not doing ...