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Showing 41 - 50 of 219 results for "Life Insurance Industry"

Disability income faces reckoning

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... "higher, capital charge imposed on all participants". Not mincing words about the state of Australia's life insurance industry, Minto criticised its failure to unify, which has ultimately led to an erosion of profitability. "If we had true alignment ...

Life industry to launch framework

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
The life insurance industry is developing a Professional Standards Framework for all claims and underwriting professionals, with support from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). The framework is being developed ...

MLC Life makes key appointments

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... welcome Lesley and Robert to our team. They are talented individuals and have a wealth of experience in the life insurance industry, which will be invaluable in supporting our strategic direction," Griffin said. "Our sector is undergoing significant ...

ClearView bolsters team

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... insurance solution, which it hinted will be launched later this year. "This is a critical time for the life insurance industry with major regulatory changes set to come into effect later this year. It is also an important year for ClearView with key ...

MetLife appoints former Premier

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... regulators to help MetLife, and its business partners, in reviewing proposed legislative change for the life insurance industry in Australia. MetLife chief of staff and external affairs Wendy Tse said Rees brings a wealth of policy experience that will ...

MLC Life appoints transformation lead

JAMIE WILLIAMSON  |  THURSDAY, 28 JAN 2021
... to him joining our senior leadership team." Likewise, Wingfield said he is excited to be rejoining the life insurance industry and MLC Life. "We have much work to do to improve the experience of customers and our partners when they engage with our products ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... said: "I'm delighted to be joining MLC Life Insurance at such a critical time for the company and the life insurance industry. I'm aware of the challenges we face as a business after a difficult 2020." "We need to work hard to restore trust amongst ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The life insurance industry has continued to take a hit to profit, with risk products reporting significant losses. The Australian Prudential Regulation Authority's (APRA) latest quarterly life insurance performance statistics paint a bleak picture ...

Underinsurance gap worsens: Research

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... it will be challenging to completely reverse this trend," the report read. Rice Warner recommends the life insurance industry raise greater awareness about this issue. "The availability of Insurance Needs calculators for use by individuals to assess ...

Insurers must shape up on mental health: TAL

ELIZABETH MCARTHUR  |  THURSDAY, 5 NOV 2020
... do not have similar metrics to predict mental health conditions. This could have consequences for the life insurance industry. For example, financial hardship is a predictive factor for mental health conditions - so during economic slumps insurers could ...