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

Search Results

Showing 671 - 680 of 1246 results for "Insurers"

Lack of expertise driving down competition: APRA

ALEX BURKE  |  MONDAY, 18 SEP 2017
... financial activities," APRA said. The situation was broadly similar in the life insurance industry, where the five largest insurers account for over 80% of gross industry assets as at June 2017. "This level of concentration has been relatively stable ...

The rise and impact of insurtech

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2017
... antiquated business models of the global insurance industry are beginning to see significant disruption, prompting traditional insurers to up their game to get ahead of the curve and presenting prime opportunities for collaboration. According to the ...

TAL equips advisers with cancer education

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
... feedback thus far has been positive and many are learning more about the different types of cancer to enable them to talk to insurers about it with more authority when it comes to claim time, Phillips added.

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Group insurers not doing enough to prevent the growing problem of employees owning multiple superannuation funds and life insurance premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint ...

Underwriting expert joins ClearView

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
... need for personal insurance advice backed by quality, sustainable products is enormous, he said, adding advisers and insurers need to partner together to deliver optimal client outcomes. ClearView's adviser network of 243 oversees $8.9 billion in funds ...

Group insurance premium arrangements unclear: ISWG

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... place and link to its insurance reserve policy. Premium adjustment mechanisms are an arrangement between super funds and insurers to return a portion of group risk premiums payable to the fund when the amount of claims are less than anticipated. In some ...

Mercer wins super consulting mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
Mercer will act as implemented consultant for the superannuation business at one of Australia's largest life insurers from October. Appointed by TAL for a period of six years, Mercer was selected to support the TAL Superannuation and Insurance Fund ...

ANZ revamps life insurance offering

KARREN VERGARA  |  FRIDAY, 25 AUG 2017
... play an important role in people's return to health and "we want to support that as much as we can." Seeing as the offer insurers provide can be truly tested in the claims environment, "we brought the capabilities of rehabilitation services forward to ...

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
Group disability income insurance has turned a corner for life insurers, recording strong earnings after years of mediocre performance, APRA's FY17 life insurance statistics show. Group disability income insurance contributed $152 million of profit ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
... today announced it entered into a strategic relationship with MS&AD Insurance Group Holdings, one of the largest general insurers in Japan and the parent company of MS Private. The deal will see Challenger provide a $500 million equity placement to MS&AD ...