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Showing 641 - 650 of 1244 results for "Insurers"

AIA announces two-year fee waiver

KARREN VERGARA  |  MONDAY, 4 DEC 2017
... Bank's Australian and New Zealand life insurance businesses for $3.8 billion, positioning it to be one of the largest life insurers in Asia Pacific.

Federal Government names Royal Commission lead

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
... The Turnbull Government announced the Royal Commission last week, outlining that it will consider the conduct of banks, insurers, financial services providers and superannuation funds (excluding SMSFs) alike. Today, the Stockbrokers and Financial Advisers ...

Super funds embrace derivatives to meet retirement goals

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... it should include derivative strategies to address the dynamics of the pension phase for members. Armitage also warned insurers and defined benefit funds are facing similar asset-liability challenges. Funds using downside protection strategies in the ...

Life insurance M&A outlook gloomy: Report

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
Despite the flurry of life insurance business sell offs, a new study found global life insurers are overlooking Australia for superior acquisition opportunities elsewhere in the Asia Pacific. Willis Towers Watson's analysis of merger and acquisitions ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
The Turnbull Government announced it will establish a royal commission into the alleged misconduct of banks, insurers and superannuation funds. The inquiry will also investigate the regulators' ability to identify and address misconduct, but will not ...

Lapse rates review anxiety unfounded: ASIC

KARREN VERGARA  |  MONDAY, 27 NOV 2017
... over the three years, Bird said. In a separate joint project between APRA and ASIC, which compared data from 16 life insurers, the lack of common definitions across the industry is making it difficult for the regulators to investigate claims payout ratios ...

Financial literacy the bridge for income protection gap

JAMIE WILLIAMSON  |  FRIDAY, 17 NOV 2017
... two elements; formal instruction that is followed up with tangible, beneficial action. The report also recommends life insurers increase the transparency and clarity of their income protection products. However, it also acknowledges that there are complex ...

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
The lack of common definitions among life insurers is making it difficult for regulators to investigate claims payout ratios and is setting back attempts to standardise definitions across the industry. The joint project between APRA and ASIC, which ...

AMP introduces facial recognition for mobile clients

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
... hundreds of points on their face to extract information. Already being trialed by a select number of international life insurers, the CHRONOS technology is of interest to Australian life companies as it plays into a space that they are exploring. "It's ...

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
... financial planning policy won't cover," he said. Martinis warned advisers not to get caught out, saying that while not all PI insurers will extend a policy to cover investment management activities, it's still quite easy to obtain suitable cover. "Some ...