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Showing 491 - 500 of 2302 results for "Life Insurance"

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... will be given the power to approve and revoke voluntary codes of conduct. This includes certain provisions in the Life Insurance Code of Practice and the Insurance in Superannuation Voluntary Code. It is recommended that they are made enforceable by ...

Insurers must shape up on mental health: TAL

ELIZABETH MCARTHUR  |  THURSDAY, 5 NOV 2020
... insurer for some of Australia's biggest super funds, produced a comprehensive white paper on mental health and life insurance in an effort to improve the industry's support for those with mental health conditions. One of the key findings of the research ...

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
AMP has updated its approved product list (APL), allowing aligned financial advisers to recommend an enhanced suite of insurers. The new APL includes AIA, BT, MetLife, OnePath/Zurich and TAL. BT and MetLife are the two new additions. And, for the first ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
MLC Life Insurance, Challenger and TAL were big winners at this year's Plan For Life insurance awards, recognised for their innovative products and offerings. For health and wellness initiatives, MLC Life won four categories: the Overall Health ...

Synchron hires from MLC Life

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Synchron has announced it hired a new state manager from MLC Life Insurance. Sarah Congdon has been appointed as Sychron's new Victorian state manager effective 30 October 2020. Congdon joins Synchron after 10 years as a business development manager ...

ANZ flags earnings hit

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... failures it owes in penalties and AUSTRAC's legal costs It also wrote down goodwill and intangibles for Westpac Life Insurance Service, auto finance business and software at $568 million after tax. NAB also increased its provisions for customer remediation ...

ClearView adds to leadership team

JAMIE WILLIAMSON  |  TUESDAY, 27 OCT 2020
... The diversified financial services business has made a raft of changes to its leadership team, including a fresh life insurance lead and new general manager of wealth management. ClearView has today announced a series of key management changes as part ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
Westpac will be hit with $1.2 billion worth of losses mostly driven by its life insurance business and AUSTRAC penalties. The bank flagged the massive loss ahead of releasing its full year 2020 results on November 2. Goodwill and intangibles associated ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... affordability reviews." The spokesperson said AMP Life is committed to aligning itself with APRA's directive that the life insurance industry should offer more sustainable, financially resilient products. APRA said in January that the viability of ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... of the COVID-19 pandemic. The decline in profitability was driven by poor underlying claims performance in its life insurance segment, reflecting a loss of around $12.5 million. ClearView said the result should be viewed in light of broader industry ...