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Showing 631 - 640 of 2302 results for "Life Insurance"

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... should amend Prudential Standard SPS 250 to require RSE licensees that engage a related party to provide group life insurance, or who enter into a contract, arrangement or understanding with a life insurer by which the insurer is given a priority or ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... first half of 2019 alone, following a $341 million loss in 2018. Pauline Blight-Johnston, KPMG partner and head of life insurance said the results were driven by the high-level of change the sector had experienced within recent times. "The last two years ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... economy from the adverse effects of poor mental health, $750 million of that is felt by the financial services and life insurance industries. "We have substantive costs that by and large can be prevented if we are all thriving. The life insurance industry ...

Risk advisers a dying breed: Research

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
The proportion of financial advisers specialising in life insurance has more than halved in the last five years, according to Investment Trends research. In its 2019 Planner Risk Report released today, Investment Trends revealed just 15% of advisers ...

Deloitte, TAL partner on AI

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... production and deployed on all of our sales calls. "This is just one part of our end-to-end application of AI in the life insurance process, with AI also playing a significant role in several steps of the underwriting process."

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... and December 2014, CommInsure, through its agent, telemarketing firm Aegon Insights Australia...unlawfully sold life insurance policies known as Simple Life over the phone," ASIC said. "CommInsure provided customer contact details to Aegon from CBA's ...

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
MLC Life continues to grow its group life insurance business, taking home a new mandate. From next year, MLC Life Insurance will be the local insurer for Generali Employee Benefits (GEB) for its multi-national clients. The insurer will provide group ...

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... claims, suggesting NFP funds have better payout ratios." The topic was timely after ASIC and APRA published data on life insurance claims and disputes for the 12 months to 30 June 2019. The regulators found that while 94% of life insurance claims are ...

High claims acceptance among insurers: Report

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
APRA and ASIC data has shown that 94% of life insurance claims from the major insurers were accepted over the year to June 2019, though with significance variance between cover types. The regulators have come together to publish data on life insurance ...

TAL launching new product

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
... first of its kind in Australia. The product is designed to protect people with diabetes and will include offers of life insurance premium reductions for customers who demonstrate that they are managing their health condition. The product builds on the ...