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Showing 721 - 730 of 2423 results for "Claims"

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... implications. Ryan said funds need to be wary of a significant increase in insurance queries, particularly around disability claims relating to mental health as the new reality of social distancing and self-isolation impacts workers.

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... policies. "AMP Life regularly reviews group products, and pricing reflects the market environment, including membership and claims experience," a spokesperson for AMP Life said. "AMP Life has not increased prices in direct response to the impact of PYS. ...

TAL hits back at rumour mill

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... some media outlets reported a leaked TAL memo revealed the insurer would not be covering new customers for virus-related claims. TAL issued a stern response to the claims, calling it "factually inaccurate and misleading" with the potential to cause unnecessary ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... designed to help it battle what it dubbed "extremely difficult market conditions". Facing higher expected income protection claims costs, "substantial" reinsurance cost increases and the full impact of the most recent reduction in interest rates, ClearView ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came in below worst fears and the focus stayed on the US$2 trillion stimulus awaiting approval by the US House of Representatives ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... general slowdown in economic activity is, of course, unemployment. Latest available data show that unemployment insurance claims - a leading indicator of unemployment - jumped by 70K to 281K in the week ended March 14. Still peanuts when you consider ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... "Many funds are already at full capacity dealing with member inquires," Elia said. "This new category of early release claims will most likely have to be processed manually which will require some time for fund administrators to implement. There is also ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... contact with someone who has been in self-isolation." Meanwhile, ClearView said there will be no specific exclusions for claims arising from a pandemic event, and said there are no plans to include exclusions going forward. "Policyholders may also be ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... including a $4.2 million (US$2.6 million) bonus awarded to chief executive David Brandon. This is one of the many explosive claims coming out of TRU Creditor Litigation Trust, the creditor responsible for investigating and bringing claims against the ...