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Showing 51 - 60 of 1956 results for "Insurer"

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... $214 million and Zurich (5.4%) with $1.6 billion also reported strong inflows for the year. Resolution Life was the only insurer to report a decline in this category of -2.1%, ending the period with $867 million. Activity for AIA and MLC Insurance were ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
From tomorrow, the responsibility for the Life Insurance Code of Practice (Life Code) will transition from the Financial Services Council (FSC) to the Council of Australian Life Insurers (CALI). Launched last year, CALI is the brainchild of a collective ...

AIA welcomes new group partnerships lead

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
The life insurer has appointed a new general manager, group partnerships who brings previous experience at CommInsure and OnePath. George Stavliotis has been named in the role, in which he will be responsible for managing AIA's client development team ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... discounts and value for customers is one of the ways we're continuing to do that," Downey said. Last October, the insurer updated the income replacement ratios for both Income Assure and Income Assure+ by raising it for customers with higher incomes. ...

Project to tackle dwindling number of risk advisers

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
In response to the scarcity of risk advisers in the country, Risk Hub and LGF Financial Services (Loyalty) are collaborating on a pilot project aimed at addressing the issue. The pilot project, due to be rolled out in the coming months, will invite ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... insurance fee deducted from your account each month." "There's no change to your cover or the premiums we pay to our insurer. In fact, earlier this year we renegotiated your insurance with the insurer and reduced your premiums." In March 2023, Spirit ...

CALI launches scholarship to boost female risk advisers

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
The Council of Australian Life Insurers (CALI) has launched a program that aims to entice more women into the life insurance industry. The industry body said its inaugural ReCALIbrate program will provide $2000 in grants to support the attendance of ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... become a simpler, client-led and growth-oriented organisation. It's also a historic moment as AMP ceases to be a life insurer after 170 years." AMP later sold back its entire stake in Resolution Life for $524 million. The transaction included several ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
The tech company has developed the first cloud-native, low-code policy administration system (PAS) for the life insurance sector. The regulator-approved solution aims to meet the exacting needs of the insurance sector and can be custom-designed for ...