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Showing 41 - 50 of 1956 results for "Insurer"

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... operating officer after serving as chief operating and people officer for the last nine months. Murray joined the life insurer in June 2020 as chief people officer. Prior to MLC Life, she held senior human resources roles at Estia Health, AXA, AMP and ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
... continue to be bombarded with customer complaints because of outdated legacy systems and poor administration practices. One insurer continues to provide misleading information to non-English speaking customers despite being reprimanded by ASIC and AFCA. ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... systemic issues that plague financial services firms but does not name the organisations in its report. One unnamed life insurer blamed its old policy administration system for failing to communicate premium rate increases to customers over several years ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
The world's 40 largest life insurers face huge sustainability challenges, as a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and ...

AIA restructures retail insurance unit

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
... a new structure, with underwriting, new business administration, and distribution capabilities now combined. The life insurer said the change will unite the key touchpoints in the retail-advised purchasing journey, offering advisers more straightforward ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
Life insurance profits in Australia have soared to $1.2 billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23 ...

TAL makes leadership changes

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
Life insurer TAL has rejigged its executive lineup, seeing new leaders for the group life and retirement, individual life, and technology units. Chief claims officer Jenny Oliver is now the chief executive of group life and retirement. She is responsible ...

ReCALIbrate grant winners announced

CHLOE WALKER  |  MONDAY, 9 OCT 2023
Five female advisers have received $2000 each from the Council of Australian Life Insurers (CALI) as it looks to boost the number of women in risk advice. The inaugural ReCALIbrate recipients include Zurich Assure financial adviser Kristen Genter, Platinum ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... built the capability for super funds to allocate retirement income solutions to members at scale," it said. "As a global insurer, Allianz has the scale to deliver a guaranteed income for life addressing the biggest concern for Australian retirees living ...

Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
Global insurers are rethinking their investment strategies, with 60% revising strategic asset allocations (SAA) to prioritise flexibility and new opportunities, according to a BlackRock study. In its annual Global insurance report, BlackRock indicated ...