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Showing 521 - 530 of 2305 results for "Life insurance"

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
MLC Life Insurance is combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
A boutique manager has launched its Bermuda-based fund to the Australian market, with underlying assets in US life insurance policies. The Life Settlements Fund is projected to return 8-12% per annum according to its manager Laureola Advisors, with ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... business in early 2021. Kerr joined Zurich last year as part of the OnePath transition, having served as head of life insurance at ANZ Wealth for close to seven years. The spokesperson said the retail portfolios are being combined for unification and ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... increase is attributed to its takeover of ANZ's retail funds whereas AMP's decrease was impacted by the sale of its life insurance business to Resolution Life. Gross inflows for the year to June 2020 were $192.2 billion, up 6.9% from the previous 12 ...

MS sufferer fights CommInsure definition

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... medical definitions ahead of each PDS update - this is more frequent than the 3-year requirement set out by the Life Insurance Code of Practice. At Integrity, when we update a definition and the update is more favourable to policy holders, we automatically ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... the identification and treatment of derivative costs. The changes are also applicable to issuers of investment life insurance products, and operators of investor directed portfolio services (IDPSs) and managed discretionary account (MDA) services. "Trustees ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... also collect more data on insurance policies including premiums, claims payments and processing stages. As for life insurance, APRA acknowledged the challenges the sector faces as a result of "elevated risk" in deteriorating claims experience and the ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... trustees' communications about insurance to consumers, making sure it is clear and balanced. Likewise for the life insurance sector, ASIC will monitor claims processes and outcomes to ensure consumers are not unfairly disadvantaged from the effects ...

AFA to host virtual conference

JAMIE WILLIAMSON  |  WEDNESDAY, 26 AUG 2020
... an address from assistant minister for superannuation, financial services and financial technology Jane Hume, a life insurance chief executives panel and a licensee leaders panel. "As the major event on the AFA calendar, the AFA Conference is an integral ...

Zurich rejigs operations team

KARREN VERGARA  |  MONDAY, 24 AUG 2020
... members, which is one of our ambitions as an employer-of-choice." Zurich completed its acquisition of ANZ's life insurance business OnePath in June last year.