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Showing 31 - 40 of 1208 results for %22Life insurer%22

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... arrangement for selling its financial advice businesses to Centrepoint. However, ClearView remains solely focused on its life insurance business, opting to divest most of its holding. "The transaction reflects ClearView's ongoing simplification and ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... Investment Trends, released its 2023 Insurance Asset Management Report, which draws on insights from 25 firms across general, life and health insurance, with 50% of the respondents being C-suite executives. Janus Henderson said the macroeconomic landscape ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... operating officer after serving as chief operating and people officer for the last nine months. Murray joined the life insurer in June 2020 as chief people officer. Prior to MLC Life, she held senior human resources roles at Estia Health, AXA, AMP and ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... systemic issues that plague financial services firms but does not name the organisations in its report. One unnamed life insurer blamed its old policy administration system for failing to communicate premium rate increases to customers over several years ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
The world's 40 largest life insurers face huge sustainability challenges, as a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and ...

AIA restructures retail insurance unit

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
... a new structure, with underwriting, new business administration, and distribution capabilities now combined. The life insurer said the change will unite the key touchpoints in the retail-advised purchasing journey, offering advisers more straightforward ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
Life insurance profits in Australia have soared to $1.2 billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23 ...

TAL makes leadership changes

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
Life insurer TAL has rejigged its executive lineup, seeing new leaders for the group life and retirement, individual life, and technology units. Chief claims officer Jenny Oliver is now the chief executive of group life and retirement. She is responsible ...

ReCALIbrate grant winners announced

CHLOE WALKER  |  MONDAY, 9 OCT 2023
Five female advisers have received $2000 each from the Council of Australian Life Insurers (CALI) as it looks to boost the number of women in risk advice. The inaugural ReCALIbrate recipients include Zurich Assure financial adviser Kristen Genter, Platinum ...