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Showing 31 - 40 of 80 results for "Life Company"

NGS cuts ties with CommInsure

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
... terminated its longstanding partnership with CommInsure, awarding the mandate for its insurance offering to a rival life company. Following an in-depth tender process, the mandate has been secured by TAL; ending NGS's 28 year relationship with CommInsure. ...

Energy Super selects group insurer

MARK SMITH  |  MONDAY, 5 SEP 2016
... group salary continuance insurance. Effective from 5 September, MLC Life Insurance has won the contract in what the life company has described as "a significant announcement for MLC Life Insurance as it continues to make inroads in the group insurance ...

Group insurance gets a makeover

DARREN SNYDER  |  TUESDAY, 14 JUN 2016
... recently approached the insurance market before working with APRA to make an extraordinary move and establish its own life company. Sunsuper, which pays out more than $300 million in insurance claims each year, was able to secure a deal with AIA that ...

BT awarded Life Company of the Year

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
BT Financial Group has been awarded 2015 Life Company of the Year at a ceremony hosted by Plan for Life and the Association of Financial Advisers in Sydney last night. BTFG collected three of 13 awards on offer, also winning the Income Protection Award ...

CIPRs not the entire answer for retirement

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... to what extent at this stage. For some funds it will make a lot sense. A lot of funds will find the need for the life company structure and the guarantees and certainties that you can give to members will be very valuable as well," Rubinsztein said. ...

Signs that churning is on the wane

ALEX BURKE  |  TUESDAY, 21 APR 2015
... four-to-five-year cycles, and that "rates are influenced by economic conditions and the demographic profile of a life company's in-force book. "Older policyholders are more likely to discontinue or reduce cover as premiums increase with age and their ...

Life company profits flat

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Revenue and profits for the 12 months to June 2014 have remained flat for life insurance companies, according to the latest statistics released by the Australian Prudential Regulation Authority (APRA). While most of the figures released in the latest ...

VicSuper to offer Challenger annuities

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... on: "Each VicSuper guaranteed pension will be backed by an annuity from Challenger Life, which is an APRA-regulated life company, whose shareholders are required to back annuity promises with enough capital to withstand 1:200 year adverse events." Last ...

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... said that many UK annuity providers charge as much as 2%. However, that cost puts the risk on the shoulders of the life company, whereas with Lifetime Plus the risk remains on the member. When asked what he saw as the main risk, Knox said: "What we don't ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
... group's chief executive Brian Benari told Financial Standard that virtually all the proceeds will be injected into the life company in a bid to capitalise on booming sales and what the company sees as a vast and growing annuity opportunity. Total annuity ...