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Showing 501 - 510 of 994 results for "Premiums"

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
... meet the employment criteria and would be unable to claim the insurance. CBA is also refunding approximately $586,000 in premiums to about 10,000 customers after it over-insured these customers for Home Loan Protection CCI taken out with a Commonwealth ...

AIA announces pricing changes

KARREN VERGARA  |  MONDAY, 7 AUG 2017
AIA Australia is adjusting its level premiums and stepped life rates as well as offering further discounts for new clients. New members joining the Priority Protection and Priority Protection for Platform Investors products will be affected by the changes. ...

Industry fund reduces insurance premiums

KARREN VERGARA  |  THURSDAY, 3 AUG 2017
An industry super fund with $2.1 billion in assets under management is reducing its premiums on its income protection policy. Intrust Super's PayGuard policy premiums will reduce as much as 12% effective 1 October 2017. Intrust Super chief executive ...

AIA grows health insurance offering

KARREN VERGARA  |  TUESDAY, 1 AUG 2017
... Vitality program, which incentivises them to improve their health and wellbeing with rewards such as discounts on insurance premiums, shopping and travel purchases. AIA Australia and New Zealand chief executive Damien Mu said most people think health ...

Steady increase for life insurance premium flows

KARREN VERGARA  |  MONDAY, 10 JUL 2017
... found inflows into the market hit $15.9 billion, up from $15.6 billion on the prior corresponding period. Group risk premiums were flat, while individual risk lump sums increased by 3.1%, and individual risk income rose by 4.6%. Zurich (60.5%), recorded ...

Cbus slashes insurance premiums

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
Industry super fund Cbus has signed a new insurance deal with TAL that will see premiums decrease substantially. Premiums per unit of death and TPD cover for most members will go down by 25%, while for 15 to 44-year-old manual labour members; cover ...

Industry fund reduces insurance premiums

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
An industry super fund will reduce its insurance premiums by 6% and has pledged to lock the reductions until 2020. From 1 July 2017, Hostplus members will receive at least a 6% reduction to Death and Total and Permanent Disablement (TPD) premiums. Hostplus ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... were using inappropriate defaults such as treating members as "smokers" for the purpose of calculating their insurance premiums without knowing whether the members smokes or not. ASIC also highlighted a number of key areas for improvement, including ...

Short-termism obsession misses premia: Study

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
Investors are missing out on return premiums of up to 1.5% per annum simply because they are too focused on quarterly earnings and short-term gains. Moving out of a short-termism mentality requires a "major shift" in asset managers' mindset and skills ...

Insurer must refund $330k

EMMA RAPAPORT  |  WEDNESDAY, 21 JUN 2017
... expert approved by ASIC, to review its compliance practices and report to ASIC; and Refund more than $330,000 in insurance premiums to more than 500 customers. "Customers should be confident that when they purchase an insurance policy, that they can ...