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Showing 551 - 560 of 2302 results for "life insurance"

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... work, according to new analysis. The latest edition of KPMG and the Financial Services Council's five year study on life insurance claims shows Australian life insurance companies are paying out record amounts in disability claims. Accidents sit atop ...

SuperFriend refreshes leadership

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... Schroder in April. Kerlin joins the organisation alongside Zurich and OnePath head of mental health and wellness in life insurance Maria Falas and LUCRF Super executive manager distribution Chris Deakin. Falas and Deakin join the expert advisory committee ...

Life insurance salary guide for 2020

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
A new salary guide has outlined what those in the life insurance industry can expect to get paid this year, as it's revealed many claims assessors are looking to move sideways due to a perceived lack of career growth. Profusion Group's June 2020 insurance ...

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... research from MetLife found one in four Australians, or 28%, have undertaken some form of activity with regard to life insurance since the outbreak of COVID-19. Additionally, that number increased to 40% for people aged 18-34. MetLife said the "activity" ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... worth about $7.5 billion, and losing $4.3 billion in assets held overseas. The data reads similarly bleak for the life insurance industry, with firms taking a collective hit of $18 billion to total unconsolidated assets during the quarter, landing on ...

MLC Life names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 4 JUN 2020
... executive of Cook's calibre join. "I am thrilled with the opportunity to lead an iconic company, which MLC Life insurance is. These are challenging times for all Australians and their life insurers," he said. "With the continued support of Nippon ...

FSC calls for SMSF access to infrastructure

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... projects, such as community housing." As part of its report the FSC also recommended the abolition of stamp duties on life insurance products and property. "Stamp duties on life insurance cost Australians $644 million each year and erode superannuation ...

COVID-19 deepens life insurer losses

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... significant hit from the previous year's profits of $759 million, according to APRA statistics for March quarter. The life insurance industry had $185.3 billion in total assets at March end after falling 20.1% in 12 months. The revenue drop in the year ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... The regulator said Davies failed to look into his clients' financial objectives and personal needs when providing life insurance advice. He also failed to consider whether switching a product was in the best interest of his clients, and whether they ...