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Showing 61 - 70 of 304 results for %22Insurance Council of Australia%22

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... work, according to new analysis. The latest edition of KPMG and the Financial Services Council's five year study on life insurance claims shows Australian life insurance companies are paying out record amounts in disability claims. Accidents sit atop ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... Bank executive has nabbed a new chief executive role, following an extensive national recruitment process. The Insurance Council of Australia has announced the appointment of Andrew Hall as chief executive and executive director, set to assist the general ...

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... life insurance sector slated for its time before the committee on Tuesday. The hearings will kick off with the Insurance Council of Australia, before moving on to AFCA, Allianz, ClearView and AIA. TAL Life - who is defending Federal Court proceedings ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie Cameron has been appointed as lead ombudsman for investments and advice, alongside former ...

FSC appoints deputy chief executive

ALLY SELBY  |  TUESDAY, 14 APR 2020
... COVID-19 crisis. "Our members in financial services across the board - advice, superannuation, funds management and life insurance - are all playing a critical role in helping Australians, and more broadly in the economy, as the Government applies a ...

No exclusions for frontline workers

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... Australia's life insurers have committed to ensure frontline healthcare workers will not be prevented from obtaining life insurance cover due to COVID-19. The Financial Services Council said the commitment comes on behalf of participating life insurance ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... accountability and responsibility and would not address issues such as capital adequacy and robust professional indemnity insurance for advice firms," it said. This FSC also recommended that the CSLR scheme be "mid-coverage" and "targeted" at the sectors ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
New life insurance claims data shows the impact cancer continues to have on the lives of Australians, with more than $1.5 billion paid out in the last financial year. According to data produced in partnership between the Financial Services Council and ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
As Australia burns, so too does the bottom line of our listed companies, with real implications for our retail, insurance, agriculture and transport sectors. The Australian economy is also not without risk, with many economists predicting that the bushfire ...