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Showing 41 - 50 of 146 results for "Underinsurance"

Labor considers ban on insurance commissions

LAURA MILLAN | TUESDAY, 14 OCT 2014

... it was now reconsidering this stance. "Risk advisers were exempted because we were concerned about the level of underinsurance in Australia, and that's a legitimate concern. But I think that the ASIC report means that we need to take it very seriously," ...

FSC calls for new govt agency to grow industry overseas

MARK SMITH | MONDAY, 1 SEP 2014

... The FSC said the current structure of Australia's insurance framework is inhibiting product innovation, creating underinsurance and unnecessary public sector cost, the Financial Services Council said today. FSC director of policy Andrew Bragg said: "Australia's ...

Insurance through super saves $403 million

STAFF WRITER | FRIDAY, 29 AUG 2014

... 88% of overall total and permanent disablement (TPD) sums insured and 59% of income protection monthly benefits. "Underinsurance is a real problem for individuals and for governments, which absorb the cost of underinsurance through the provision of social ...

MetLife refocuses on middle classes with direct distribution

ALEX DUNNIN | WEDNESDAY, 30 JUL 2014

... at all leading to an insurance gap estimated at US$15 trillion. MetLife noted that in coverage terms this is an underinsurance increase of almost two thirds. The malaise has lead MetLife to develop strategies explicitly re-focused on reaching the middle ...

FEATURE: Facing the perfect storm

LAURA MILLAN | FRIDAY, 28 MAR 2014

... Millan looks at the measures that the sector is implementing to find an escape from the rough waters. Uninsurance, underinsurance, misinsurance. Australia's insurance market challenges have many names, but most stakeholders agree on one single expression ...

Nine in 10 Australians can't get no insurance satisfaction: survey

LAURA MILLAN | WEDNESDAY, 5 MAR 2014

... mis-insurance - where people do not have the cover they think they have - could have consequences just as devastating as underinsurance." "It also reinforces the massive financial literacy gap that exists and reinforces the need for all stakeholders ...

Rice Warner warns of massive TPD underinsurance

JAMES FERNYHOUGH | TUESDAY, 3 DEC 2013

Underinsurance in life, income protection and total and permanent disability (TPD) cover is costing the government more than $1.5 billion a year, according to a new report by Rice Warner. Insufficient TPD cover was by far the most costly to the government ...

CommInsure raises red flag about underinsurance

LINDA HAUSKEN | TUESDAY, 23 OCT 2012

An overwhelming amount of Australians would rather increase their savings or pay bills than take out insurance which places them in danger of needing to refinance their mortgage - or even worse sell their home - if they are out of work for more that ...

Allianz wins top insurance award

MARK SMITH | MONDAY, 22 OCT 2012

... from earning an income." Towell finished "Allianz is playing an important role in helping reduce the levels of underinsurance in Australia." BT Financial Group won the prize for Innovation of the Year with income cover for homemakers while TAL won Life ...

NRMA partners with TAL for life insurance

LINDA HAUSKEN | TUESDAY, 9 OCT 2012

... will assist in making life insurance more accessible to customers. "Our alliance with TAL allows us to address underinsurance by offering easy to understand and affordable life insurance, as well as greater access as customers can purchase life insurance ...

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Aware Super hires head of corporate development

JAMIE WILLIAMSON

The $175 billion superannuation fund welcomed its first head of corporate development as it looks to be a "merger partner of choice" in the industry.

Link Group rebrands as acquisition completes

JAMIE WILLIAMSON

Link Group announced its new name ahead of delisting from the ASX at today's market close.

Crescent Capital sells down ClearView stake

ELIZA BAVIN

ClearView has been alerted that Crescent Capital wishes to sell a major share in the company.

Social media influencers charged for promoting shady investments

ANDREW MCKEAN

Reality TV stars from shows like Love Island, Geordie Shore, and The Only Way Is Essex are due to face Court for pushing unauthorised investment schemes on their followers.

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