Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 511 - 520 of 706 results for "Life insurer"

Group insurance gets a makeover

DARREN SNYDER  |  TUESDAY, 14 JUN 2016
Unprecedented pricing pressure and regulatory forces have led superannuation funds to overhaul group life insurance offerings to better balance competitive premiums with valuable benefits. The overhauls predominantly come on the back of two factors ...

Life insurers must be more transparent: AFA

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
Australian life insurance companies should be more open to independent assessment to reassure the community of their commitment to transparency and continued improvement, argues Association of Financial Advisers (AFA) chief executive Brad Fox. According ...

AIA launches adviser wellness program

DARREN SNYDER  |  WEDNESDAY, 25 MAY 2016
Life insurer AIA Australia has launched a 12-week executive wellness program targeted at financial advisers to enhance their business value and personal effectiveness as business owners. The initiative will be based around AIA's Vitality program and ...

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
Despite the need to increase capital adequacy ratios, the life insurance industry has reported a steady increase in net profit, according to APRA's latest quarterly statistics for the sector. The main driver of profit, which increased overall by 16.9% ...

Life insurers paid $6.9bn in claims in 2015

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
Mainstream life insurance companies paid out a total of just over $6.9 billion in claims in 2015, according to figures from The Risk Store. The statistics show that a total of 89,291 claims were paid for an average $77,279 per claim. Put another way ...

Zurich appoints AIA claims manager

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
... intent in terms of our Australian market presence and our overall proposition as an innovative, customer-focused life insurer. "The acquisition will enhance both our scale and overall capability and will allow us to further strengthen the proposition ...

FSC defends industry self-regulation

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
The FSC has said a life insurance code of conduct is "well underway" following the news that the issue will now be raised in the Senate's Scrutiny of Financial Advice inquiry. On March 8, Senator John Williams amended the inquiry to include a scrutiny ...

Zurich buys Macquarie Life

MARK SMITH  |  FRIDAY, 4 MAR 2016
... intent in terms of our Australian market presence and our overall proposition as an innovative, customer-focussed life insurer. "The acquisition will enhance both our scale and overall capability and will allow us to further strengthen the proposition ...

BT awarded Life Company of the Year

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
BT Financial Group has been awarded 2015 Life Company of the Year at a ceremony hosted by Plan for Life and the Association of Financial Advisers in Sydney last night. BTFG collected three of 13 awards on offer, also winning the Income Protection Award ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA). Non-investment linked businesses contributed $2.3 billion ...