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Showing 781 - 790 of 994 results for "Premiums"

Direct insurance secures major player status

ELISE BURGESS  |  THURSDAY, 9 JUN 2011
... per cent of in-force business with total sale for 2009 to 2010 up 3.3 per cent to $403.1 million and in-force annual premiums increased by 9.7 per cent to $1,108.5 million as at 31 December 2010. "The number of direct life insurance products sold in ...

Super insurance simplified for funds

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... provided to members. Superannuation Minister Bill Shorten introduced amendments to tax laws that allow the percentage of premiums that can be claimed as deductions to be specified in regulations. This simplifies administration processes for the funds ...

Director to challenge ASIC ban

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
... a referral agreement with the company via a broker, ASIC said. ASIC said Burnell breached that referral by collecting premiums and other payments when not authorised to do so. The company was investigated after a complaint from a member of the public ...

ANZ plots wealth division growth

MATT WOODINGTON  |  TUESDAY, 3 MAY 2011
... strengthened with new appointments in key leadership roles. The insurance business recorded a 5 per cent rise in in-force premiums for the six months to $1.38 billion, despite losses from the recent flooding, which had an $11 million gross impact on ...

Financial services boost mixed Macquarie results

MATT WOODINGTON  |  FRIDAY, 29 APR 2011
... management, down from $311 billion a year prior. Life insurance business, Macquarie Life, increased inforce risk insurance premiums by 59 per cent on the prior year. Income from outside Australia accounted for 60 per cent of Macquarie's total operating ...

Super insurance commission ban not what it seems

ALEX DUNNIN  |  THURSDAY, 28 APR 2011
... to figures released earlier this year by APRA, retail super funds last year collected $1.7 billion in group insurance premiums from members. If these funds are no longer allowed to pay the average 30% commission to advisers it will cost these advisers ...

CBA funds get small Q1 lift

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
... registered a 0.2 per cent rise in its funds under administration during the March 2011 quarter and its Retail Life insurance premiums also experienced growth. The bank reported that strong investment market returns had driven its funds under administration ...

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... attached to the super guarantee contribution," she said. "So if the super guarantee stops then they don't take out any more premiums for the insurance." Industry super fund REST has a policy of no insurance for dormant accounts with low balances. The ...

Insurance bodies tackle longevity risk

ELISE BURGESS  |  MONDAY, 4 APR 2011
... for 25 years. Australia's insurance industry is now questioning how to handle this longevity, with options ranging from premiums that rise as individual's mortality risks increase, life long insurance products and more affordable insurance as individuals ...

Asgard upgrades insurance for FOFA

ELISE BURGESS  |  THURSDAY, 31 MAR 2011
... Other new features include an instant quote tool, faster service delivery times, a wider range of insurance options and premiums and an online application process that's fully integrated with AdviserNET. Power said that the group had committed a lot ...