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Showing 721 - 730 of 2304 results for "Life Insurance"

Tobacco company launches life insurance offering

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
A major tobacco company is eyeing the life insurance industry by launching products that offer discounts for customers that quit smoking or switch to alternatives. Philip Morris International, the manufacturer of Marlboro cigarettes, will launch life ...

Super fund names new life insurer

KARREN VERGARA  |  MONDAY, 13 MAY 2019
A $12 billion superannuation fund awarded its life insurance contract to a new provider, ending a seven-year partnership with OnePath. TAL will take over from 1 July 2019 as LGIAsuper's group life insurance partner. LGIAsuper chief executive Kate Farrar ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... the March deadline. ANZ completed the legal separation of the OnePath Pensions and Investments business from its life insurance business last month. The sale of ANZ's life insurance business to Zurich is expected to be finalised at the end of this mo ...

Super funds grapple with PYSP deadline

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
... to retirement or pension phase products; and Implementation of second-order impacts, such as increases in group life insurance premiums. These challenges highlight the importance of thorough industry consultation in the drafting of legislation, common ...

Insurtechs improve life insurance inefficiencies: Report

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
... three-in-four (72%) insurtechs are collaborating with incumbents, representing a whopping 75% increase from 2018. Life insurance firms that took part in the survey partner with insurtechs to help with product and distribution innovation, marketing and ...

ASFA chief joins Irish software provider

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
... executive of the Association of Superannuation Funds of Australia has joined a Dublin-based provider of software to the life insurance sector. FINEOS announced Martin Fahy will join its board as non-executive director. Currently chief executive of ASFA ...

TAL restructures retail arm, announces job cuts

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... that will make some jobs redundant after reviewing its recent acquisition of Asteron, Suncorp's Australian life insurance business. Realigning the retail businesses will consequently reduce headcount across both the TAL and Asteron brands and introduce ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
... billion. However, this was dampened by lower platform margins as a result of repricing and product mix changes ($8m). Life insurance contributed $2 million for the period, thanks to lower claims and improved lapses. Funds management operations, superannuation ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... terms. The reduction in business costs is expected to come from selling Asian retail services, the sale of its life insurance business to Zurich, completing the sale of its pensions and investments business to IOOF, reducing product offering and restructuring ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... ending a 15-year relationship with AIA Australia. Rest entered a Memorandum of Understanding with TAL to provide life insurance from 1 December 2019. TAL will replace AIA Australia, which began providing life insurance to Rest members in 2004. Rest chief ...