Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 591 - 600 of 2445 results for "Claims"

Former Cbus chief takes prime role at AMP Capital

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
... Super, and considering a merger with Cbus ). He joins AMP Capital at a time when it faces a cultural fallout from harassment claims against executive Boe Pahari, backlash from institutional investors including industry funds, and an unsolicited acquisition ...

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... released more information to help life insurers and financial advisers adapt to new regulation when handling insurance claims. ASIC's information sheet and consultation paper C12 Proof: Claims Handling and Settling Service Statement builds on the Financial ...

ClearView streamlines underwriting

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... are in Asia, are reporting that they are experiencing a dramatic increase in their workloads. There are both many more claims due to the pandemic and more applications for life insurance than in the past."

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... organisation with a focus on sustainability. The campaign, called AIA Kick Out Coal! launched by Insure Our Future and SumOfUs, claims the insurer remains invested in coal companies which contradict its lifestyle brand. "AIA is one of the world's ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... unit. ACSRF said the appointment of AIA will enable increased flexibility in insurance arrangements, as well as digital claims, e-underwriting and access to AIA Vitality. "Additionally, we believe that the fund and AIA have a strong cultural alignment ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... halt. IAG entered a trading halt on the back of the news, with the ruling possibly meaning insurers could face a flood of claims. The court declared that COVID-19 is not a quarantinable disease under the Quarantine Act 1908. Business insurance policies ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... it is necessary to ensure that members pay the right level of premiums for their cover." QSuper said over the past year, claims increased "significantly and were materially higher than expected". "Because of this, and to ensure we can continue to offer ...

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
... sustainable investment who is due to leave latter this year. Their late August resignations followed revelations of harassment claims against AMP Capital boss Boe Pahari. Kristen Le Mesurier, who managed the AMP Capital Ethical Leaders funds also resigned ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... it, which has been under the watchful eye of APRA since 2016, was laid bare at the hearings. Under the new law, insurance-claims handling will now be under the umbrella of "financial service", meaning insurers must hold an AFSL to be involved in the ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... include: changing the TPD assist payment structure to pay a higher amount upfront, removing the time limit on lodging TPD claims, and increasing the circumstances in which a lump sum would be paid. The activities of daily work definition and certain ...