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

Search Results

Showing 661 - 670 of 994 results for "Premiums"

Group risk premiums on the up: Rice Warner

MARK SMITH  |  FRIDAY, 13 JUN 2014
... Rice Warner analysis shows. The research and consulting business for the superannuation industry compared the average premiums for death and TPD cover for the 10 largest industry and public sector funds against the average premiums for the retail, adviser ...

Cbus insurance premiums jump to almost $15 a week

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Industry fund Cbus has almost doubled its life insurance premiums, becoming the latest super fund to do so in response to a spike in claims. Following renegotiations with group insurer Hannover Life Re of Australasia, Cbus members on the default option ...

Equip slashes insurance premiums

MARK SMITH  |  MONDAY, 26 MAY 2014
Equip has announced cuts to premiums for its death and total and permanent disablement (TPD) cover and its salary continuance cover. Equip's chief executive officer Danielle Press said the reductions were the result of thorough examination of the fund's ...

YBR adds 13 branches to its network

LAURA MILLAN  |  THURSDAY, 1 MAY 2014
... insurance and savings), 40 for credit advice only and 30 for personal advice only. YBR reported that life insurance in-force premiums increased to $4.5 million up from $4.01 million in the previous quarter, which represents a 143% increase compared to ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
... The bank said underlying performance was strong, driven by growth in funds under management (FUM) and inforce insurance premiums, as well as an improved claims and lapse experience, with retail lapse rates in Australia declining a further 120 bps across ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
... lifestyle questions, such as queries around smoking habits. Responses to these questions were then used to calculate premiums. The ads also proclaimed that 'weight is not a factor that affects coverage of the Product', when in fact weight could be a ...

Towers Watson urges instos to consider smart beta

MARK SMITH  |  MONDAY, 28 APR 2014
... targeting systematic factors, non-market cap stock weighting or thematic investment opportunities, to capture particular premiums, typically at very low cost. "It is no longer sufficient to have an allocation to bulk beta and one or two active managers ...

Premium increases boost life risk inflows 11.5%

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
... insurance risk market inflows increased by 11.5% during 2013, following major retail and group insurers' decision to increase premiums rates to face the industry's challenges. Total inflows were $12,796.6 million for the year ended December 2013, with ...

NGS Super lifts premiums for older members

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
... fund's existing group insurer CommInsure, to be launched on 1 July this year. The new deal involves significantly higher premiums and lower total and permanent disability (TPD) coverage for many members. However, death benefits and income replacement ...

Multi-asset portfolios key for retiree income

MARK SMITH  |  TUESDAY, 8 APR 2014
... entry point for investors. According to Stopford, bond markets in emerging markets are now paying close to the largest premiums versus developed markets.