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Showing 41 - 47 of 47 results for "disability income insurance"

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... after tax for the year was $1.4 billion. Individual lump sum risk contributed $1.3 billion, individual disability income insurance -$381 million, group lump sum risk $468 million, and group disability income insurance -$24 million.

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
... the majority of this at $361 million. There was improvement in results for individual (non-super) disability income insurance and group lump sum business (death and TPD business through super). Operating expenses have remained relatively stable. In the ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
... in the December quarter 2015, with Individual Lump Sum Risk contributing $190.4 million, Individual Disability Income Insurance contributing $18.4 million, Group Lump Sum Risk contributing $110.1 million and Group Disability Income Insurance contributing ...

Super outstrips other channels in disability risk profits

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
The profitability of disability income insurance within superannuation is outstripping comparable insurance products sold directly. The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that both the super and ...

Macq Life upgrades risk products

PRESS RELEASE  |  TUESDAY, 11 MAY 2010
Macquarie Life has improved the total and permanent disability (TPD) and disability income insurance features of its FutureWise and Super Protector risk products. The firm has increased the TPD maximum sum insured to $5 million for white collar professions. ...

Tower wins Master Super contract

RUTH LIEW  |  THURSDAY, 11 JUN 2009
... because of its automatic extension of death cover to age 70. There will be a reduction in overall disability income insurance premiums of around 20 per cent, although each member might get a different reduction based on their age and occupation. Death ...

AXA claims Australians are underinsured

... superannuation, the research said the average Australian has death cover 30% of that required. The disability income insurance cover is estimated at 27% of that required. The estimates were prepared by research company DEXX&R and is believed to be the ...
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