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Showing 41 - 50 of 492 results for "Group insurance"

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... achieving high performance." According to recent data from APRA and ASIC, AIA is the second largest player in the group insurance sector in Australia. It has a 29.5% market share, providing life insurance to 2.35 million policyholders and collecting ...

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... the life insurance unit for $3 billion. According to data from APRA and ASIC, TAL is the largest player in the group insurance sector in Australia. TAL has a 40.4% market share that insures 3.9 million lives with annual premiums totalling $830 million. ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... the measures taken following APRA's directive to the life and superannuation industries, which necessitated that group insurance offerings be sustainably designed and priced while also providing meaningful outcomes for members. The survey responses highlighted ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... total amount of cover for an individual - including that being applied for and any other existing cover, like group insurance, met certain thresholds. For instance, insurers can use results where the total amount of lump sum death cover is greater than ...

TAL makes leadership changes

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
... confidence. Oliver joined TAL in 2001 as finance manager and rose the ranks to lead different areas such as finance and group insurance. She has been the chief claims officer since June 2019 and will continue to manage the unit while TAL recruits for ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... fleeing the industry. The latest data from Plan For Life shows that TAL continues to hold the lion's share of the group insurance and retail market. The group insurance sector saw a 3.7% year-on-year increase in inflows, with Zurich reporting the highest ...

AIA welcomes new group partnerships lead

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... also previously worked with Roy Morgan, OnePath and Allianz. In the new role, Stavliotis will report to AIA chief group insurance officer Anthony Clough, who said: "George Stavliotis has extensive background in client management, both at reinsurers and ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... 0.5% per annum over the past five years. "In 2020, total premiums fell 8% due to reforms to compulsory super fund group insurance no longer being charged to inactive fund members and the impact of the pandemic," Rainmaker said. "But since then, it has ...

Cbus informs members of premium changes

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2023
... and 100% of death claims. This came to a total of $849 million paid over the period across 8140 claims. Cbus' group insurance is provided by TAL.

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... the Retail MySuper Index's -0.9%, achieving an outperformance margin of 1.9 percentage points. Meanwhile, group insurance premiums processed through APRA-regulated funds witnessed an uptick of 4% in 2021-22. Although this pushes the total premiums ...