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Showing 601 - 610 of 994 results for "Premiums"

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
... insurance income was relatively flat, increasing 2% to $7.5 billion. "While there was an increase in average in-force premiums increase across all the majors, this was partly offset by an increase in insurance claims experience from the number of severe ...

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
... premium discount, enduring authority, automated annual premium payments and an "up to 20%" discount on income protection premiums. The function is available for MLC Insurance (Super), MLC Protection (Life Super) and MLC Protection (Income Protection ...

Westpac to refund unwanted insurance

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Westpac will refund premiums paid for insurance customers did not need following an ASIC review. Over 10,600 Westpac customers will receive notification from Westpac that they are eligible for refunds, the bank having charged them for loan protection ...

Zurich cleans up at Plan For Life awards

ALEX BURKE  |  THURSDAY, 29 OCT 2015
... Award) and TAL Life (Income Protection Award and Innovation Award). Other winners included Suncorp (Funeral Cover Level Premiums Award and Funeral Cover Stepped Premiums Award) and MetLife (Marketer Customer Service Award). "The Direct Life Insurance ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
... which includes eight super funds and three administrators. MLC's current life insurance business includes $1.8 billion of premiums in force and approximately 1,000 employees. NAB values the life insurance business at $3.5 billion and its remaining 20% ...

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
... business to June 2015," according to research by wealth management research firm DEXX&R. "These increases in in-force premiums," the research noted, "are a flow-on from the widespread increase in premiums charged to super fund trustees for group risk ...

Insurance premiums should be questioned

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
... government to ensure that things like stamp duty are removed from life insurance to make it more affordable." Life insurance premiums are one of the constant battles that face superannuation funds. Media Super deputy chief executive, Michael Rooney ...

Direct life outpaced by group sector

ALEX BURKE  |  THURSDAY, 1 OCT 2015
... lapse rates. Sales, she noted, had dropped by 6.5% to $496.5 million in 2014. At the same time, she added that in-force premiums increased by 4.6% to $1.5 billion, meaning that the primary challenge for direct insurers was to sustain premium growth and ...

PIMCO launches bank capital fund

MARK SMITH  |  MONDAY, 28 SEP 2015
... improving fundamentals are positive for capital securities." Bodereau added, "The securities also offer relatively higher premiums, due in part to regulatory-influenced supply, and tend to have a low or negative correlation with interest rates. If rates ...

Hostplus brings insurance fees down

DARREN SNYDER  |  FRIDAY, 25 SEP 2015
... superannuation fund has also extended its death insurance cover from age 65 to 70. "Hostplus is proud to offer a 3% reduction in premiums to members while maintaining our current TPD definitions, at a time when many other insurance providers are increasing ...