Search Results | Showing 31 - 40 of 47 results for "disability income insurance" |
| | | ... insurance was the top performer, scoring 98% admittance for death claims, 88% for TPD and 96% for disability income insurance, topping the pile across all three cover types. APRA's report said advisers could add value for policy holders by setting clear ... |
| | | | ... process claims at 9.7 months, followed by Westpac at 8.5 months and AIA Australia at seven months. Disability income insurance claims showed AMP takes about 3.2 months to process, followed by AIA Australia at 2.5 months and ANZ OnePath at 2.4 months. ... |
| | | | ... products recorded the following net profit: individual lump sum ($649m), group lump sum ($185m), group disability income insurance ($86m) and individual disability income insurance (-$74m). A separate report from KPMG shows the industry continues to ... |
| | | | Disability income insurance (DII) continues to be a loss-making venture for life insurers as the prudential regulator undertakes a comprehensive review of its sustainability, pricing and the actual benefits delivered to policyholders. Otherwise known ... |
| | | | ... 86%. Death cover achieved a 97% admittance rate across all distribution channels in the period, while disability income insurance claims were admitted in 95% of instances. |
| | | | ... billion to net profit after tax; group lump sum risk products meanwhile earned $273 million; group disability income insurance contributed $216 million (this was partially offset by net loss after tax of $60 million from the individual disability income ... |
| | | | ... and lives insured," the report said. Data clarity was also needed for income protection insurance or disability income insurance; reopened claims; voluntary discontinuances; and multi-benefit policies that are both inside and outside super. During 2016 ... |
| | | | Group disability income insurance has turned a corner for life insurers, recording strong earnings after years of mediocre performance, APRA's FY17 life insurance statistics show. Group disability income insurance contributed $152 million of profit ... |
| | | | ... comprises: individual lump sum risk products ($771m), group lump sum risk products ($265m), and group disability income insurance ($79m). Individual disability income insurance however, made a loss of $427 million during the year. During the March quarter ... |
| | | | ... contributed $194 million and group lump sum products brought in $13 million, both group and individual disability income insurance products both suffered losses, contributing -$14 million and -$45 million respectively. On the whole, life insurers' total ... |
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