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Showing 51 - 60 of 3090 results for %22Life Insurance%22

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... Investment Trends, released its 2023 Insurance Asset Management Report, which draws on insights from 25 firms across general, life and health insurance, with 50% of the respondents being C-suite executives. Janus Henderson said the macroeconomic landscape ...

Challenger duo joins Allianz Retire+

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... customer strategy and experience at Challenger - a role they were appointed to in February 2020. Allianz Australia Life Insurance chief executive Adrian Stewart said he is thrilled to have van der Veen and Foster join the leadership team. "Catherine ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... increases to continue investing in improved products and services to assist members to build their wealth and quality of life in retirement. "As a not-for-profit fund, we ensure all our decisions are made in the best financial interest of our members," ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... Federal Court of Australia against BT Funds Management (BTFM), Westpac Securities Administration (WSAL) and Westpac Life Insurance Services (TAL Life Insurance Services) (WLIS), a former Group subsidiary. Superannuation fund members alleged that between ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
MLC Life Insurance made two executive appointments who will each lead the operations and human resources departments. Jane Murray has been named chief operating officer after serving as chief operating and people officer for the last nine months. Murray ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... resolve the issues dating as far back as 2009. It is even engaging with ASIC - yet customers continue to be sold life insurance policies by the insurer's agent that misrepresent parts of the policy. "While actions had been taken, the fact that complaints ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and over currently own about 40% of insurers' assets under management. For the top ...

AIA restructures retail insurance unit

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
... company said it also aims to leverage the increasing demand for high-quality life, health, and wellbeing guidance. Life insurance profits in Australia have surged to $1.2 billion, doubling in the year to June 30, primarily due to growth in superannuation ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
Life insurance profits in Australia have soared to $1.2 billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23 ...