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Showing 581 - 590 of 994 results for "Premiums"

Combined Insurance to cease new Australian business

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
... She said Combined agents were selling unnecessary products to maximise commissions and "tombstoning" - paying initial premiums for fake or deceased clients. At the time, Combined Insurance Asia Pacific executive vice president Christopher Carey said ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
... increased profits come despite the fact that investment returns have dropped and following a period of rising group insurance premiums as insurers have warned about rising claims. Segregated by product type, net profit after tax for Risk products was ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
... conditions, it may be causing the opposite effect on overall financial conditions: widening of credit and equity risk premiums, increased volatility and reduced credit availability from a more stressed bank system." Or in my words, beggar thy neighbour ...

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
... new business sales. General insurance income increased as a result of lower event claims, and a 4% increase in in-force premiums from higher renewals, partly offset by lower new business sales.

Synchron debuts new risk advice solution

ALEX BURKE  |  TUESDAY, 9 FEB 2016
... researching how life insurance products were sold in the UK. He identified there is a "love-affair with yearly renewable premiums" in Australia, which he argued was resulting in an epidemic of policy lapses. "Policy replacement is just not an issue in ...

ASIC accepts ClearView adviser EU

ALEX BURKE  |  WEDNESDAY, 20 JAN 2016
... important information from statements of advice. ASIC also alleged Churchill misrepresented the benefits of level and stepped premiums and "limited the advice in some cases to exclude issues which cannot be reasonably excluded from the scope of advice." ...

Asteron creates LIF-ready adviser commissions

ALEX BURKE  |  MONDAY, 18 JAN 2016
... flexibility, so we have developed a first-to-market customised rate that enables them to adjust commission rates and client premiums throughout the life of the policy," explained Asteron Life executive manager Mark Vilo. "This is another way we are supporting ...

OmniLife adds industry fund risk products

ALEX BURKE  |  THURSDAY, 14 JAN 2016
... manner." This is done by demonstrating "features gained and lost" between industry and retail risk products and examining premiums across "all available frequencies, including weekly, fortnightly, monthly, quarterly," and so on, and highlights which ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
... retirement savings. This would "ensure their savings are not unnecessarily eroded by multiple sets of fees and insurance premiums." The Assistant Treasurer added the government is keen to see higher governance standards in super as it believes situations ...

Mercer LifetimePlus now on MPS platform

MARK SMITH  |  TUESDAY, 15 DEC 2015
... risk of outliving savings is shared among a pool of other retirees, with no third-party shareholder and no insurance premiums. "Around 1000 Australians are moving into retirement every business day and we know that on average they will outlive their ...