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Showing 31 - 40 of 56 results for may aia australia

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
... the proposed policy change is that people working in casual jobs and high-risk occupations such as mining and construction may be unable to attain life insurance, particularly for disability. "This is because group insurance schemes were designed to ...

Life insurer early intervention a win: Research

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... to increase the quality of life for individuals and will provide a better chance to return to wellness. "In some cases, it may even reduce the likelihood of someone becoming permanently disabled. By removing the existing barriers, which do not exist ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... AIA Group agreed to buy 100% of CBA's Australian and New Zealand life insurance businesses for $3.8 billion. In early May, NAB announced to exit the majority of its wealth management operations, including divestment of Australia's largest retail ...

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... confronting many Australians and change is long overdue, he said. "There is currently a gap in the health system where people may be unable to receive or afford the support they need at the time they need it most. We believe life insurers can help to ...

Financial Standard's top stories of 2017

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... long-serving industry executives passing the baton and sweeping reforms. The top 10 stories were: 1.GROW Super opens for business (23 May) Is it any wonder, that with all the newly-formed superannuation funds and products to hit the marketplace in 2017 ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... with CBA's life insurance arm; NGS Super followed suit in September by transitioning to TAL, as did TWUSUPER in December. In May this year, the largest non-CBA super fund with a CommInsure mandate, HESTA, appointed AIA Australia as its new insurance ...

AIA grows health insurance offering

KARREN VERGARA  |  TUESDAY, 1 AUG 2017
... hospital and extras cover ranging from the basic package to the top level of cover for families. Actively engaged members may also be eligible for premium discounts via the AIA Vitality program, which incentivises them to improve their health and wellbeing ...

Insurance giant partners to combine life and health

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
... value." At the time, Choice campaigns manager Erin Turner questioned the move, suggesting that bundled life/health products may lead to poor consumer outcomes. "We need to be careful about merging life and health insurance because these are already such ...

BNP Paribas Securities Services wins mandate

MARK SMITH  |  WEDNESDAY, 2 MAR 2016
... joint venture in India and representative offices in Myanmar and Cambodia. It had total assets of US$172 billion as of 31 May 2015.

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
... to make things easier and more affordable so that customers can access the insurance they need." MLC's new rollover offer may be driven by the fact that, currently, the group is not a major player in the superannuation insurance market - it lags behind ...