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Showing 561 - 570 of 706 results for "Life insurer"

TAL lobbies for annuity regulation change

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Life insurer TAL has argued in favour of regulatory changes to income stream products in a detailed response to the Treasury's 'Review of retirement income stream regulation' discussion paper. TAL said that regulation "should be broadened to enable ...

FEATURE: Risk at risk

JAMES FERNYHOUGH, LAURA MILLAN  |  FRIDAY, 7 NOV 2014
In the wake of the group insurance crisis, super funds are one-by-one renegotiating their contracts with their life insurers. As a result, premiums are rising significantly, in many cases bringing them in line with retail premiums. This is causing some ...

TAL super fund appoints independent directors

LAURA MILLAN  |  TUESDAY, 4 NOV 2014
... appointed three new independent directors to its board. The company is responsible for the superannuation business of life insurer TAL and it is operated through the TAL Superannuation and Insurance Fund. Peter Lewinsky has been appointed chair of the ...

Industry needs unified solution to insurance "failure": ASIC

LAURA MILLAN  |  THURSDAY, 23 OCT 2014
Insurers and financial advisers must stop pointing fingers and create a unified response to address insurance sector failures, the Australian Securities and Investments Commissions (ASIC) deputy chair Peter Kell said "This needs a collective response ...

Insurers worried about striking balance between claims and price

STAFF WRITER  |  TUESDAY, 30 SEP 2014
Life insurers think balancing rising claims with sustainable premiums for members is the greatest challenge that the sector is facing at the moment, an AIA Australia survey has found. Most superannuation fund and insurance companies' execs and employees ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
Group self-annuitisation (GSA) may provide a more affordable alternative to deferred lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission ...

Matrix merger to place ClearView among top 10 licensees

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... propels the combined entity to be a significant player in the financial services industry and the only integrated life insurer and wealth manager that is not aligned to a major institution," Swanson said. If the offer is successful, Matrix chairman Pieter ...

Simplify your products, life insurers told

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
The struggling life insurance industry should focus on developing simpler products if it wants to avoid a repeat of its recent woes, according to Australian Prudential Regulation Authority (APRA) member Ian Laughlin. While acknowledging the industry ...

In the throes of change

MICHELLE BALTAZAR  |  TUESDAY, 29 JUL 2014
From the Financial Systems Inquiry to the value of vertical integration and post-FOFA advice, next week's Financial Services Council (FSC) conference will tackle issues that will shape the industry in future years. The annual FSC conference is unique ...

Employee rehabilitation key to reduce claims costs: AIA

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
Rehabilitation for employees and early intervention could be the key drivers in reducing the claims costs experienced by superannuation funds, employers and employees in what remains a challenging life insurance market, according to insurer AIA Australia. ...