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Showing 751 - 760 of 2289 results for "Premium"

AXA acquires largest student housing portfolio

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
... well diversified by location, being split across Sydney, Melbourne, Brisbane and Adelaide, with an offering ranging from premium studios to affordably priced twin share rooms and apartments," AXA said. "The modern, institutional grade portfolio has an ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... Australian property will be the only option to remain the same with a total 0.26% per annum. Fees will rise slightly for the premium income option (0.04%), Australian shares (0.01%), global property (0.05%) and international shares (0.03%). Cash will ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
A $57 billion industry superannuation fund has revealed details of its new group insurance offering, having transitioned to a new provider as of this month. As of December 1, the group insurance available to Rest members is provided by TAL after the ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... Mercer Super Trust. It had about $670 million in assets under management in June. Virgin has also informed its members that premium rates will come down for all cover types. Weekly premiums for death (including terminal illness) cover will reduce by ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
Total and permanent disability insurance and the claims handling processes of insurers are well within ASIC's sights. Following the release of an ASIC review into TPD which found significant, industry wide problems with product design and claims handling ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
Insurance premiums have risen by up to 21% for members of an industry superannuation fund. As of this month, First Super and its group insurer MetLife have bumped up the cost of death, TPD and voluntary income protection cover. According to the fund ...

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... choose to have 90-day waiting periods your premiums can be two thirds less. That's a huge difference in terms of the premium for the cover you are paying, especially if you take out insurance for many years." Ross said there is a good reason for ...

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
AustralianSuper chief executive Ian Silk has predicted a decline in the important of insurance in superannuation, including its ousting as a default portion of the system. Appearing as part of a panel discussion about the future of super at the ASFA ...