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Showing 791 - 800 of 2425 results for "Claims"

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... that higher SG contributions would automatically lead to lower wages and hence be self-defeating. "The research refutes claims made by some commentators and lobbyists that higher superannuation contributions would automatically lead to lower wages, and ...

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
... also risen, going up by 4.2%. First Super said the changes are the result of the Protecting Your Super legislation and claims experience. At the same time, the $3.1 billion fund has introduced a new rule on how many Transition to Retirement Allocated ...

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... sooner." Ross also highlighted the huge amount of money insurers are making when you compare total premiums against paid claims, excluding reserves for future claims. "The total premiums collected for the period ending June 2018 within superannuation ...

Life Company of the Year crowned

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
... recognised for service quality and best BDM team. BT Financial Group cleaned up in the Consumer Choice categories, with head of claims Neil Borthwick accepting six awards in total. BT won overall Consumer Choice Awards, value for money, most satisfied ...

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... that insurance premiums were increasing across the industry as more Australians claim on their cover and less of those claims get denied. Silk said there had to be another way, because premiums could not continue to increase without detracting excessively ...

High claims acceptance among insurers: Report

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
APRA and ASIC data has shown that 94% of life insurance claims from the major insurers were accepted over the year to June 2019, though with significance variance between cover types. The regulators have come together to publish data on life insurance ...

TAL shuffles leadership amid restructure

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... officer of TAL Direct. TAL also appointed former general manager group insurance Jenny Oliver to the newly created chief claims officer role, and said its commitment to customers, "particularly around claims" was critical to its ability to deliver in ...

FIIG makes first impact investing play

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
... a Kangaroo bond. That is, it will be issued in Australia by a non-Australian entity, in Australian dollars. VisionFund claims to have provided 16 million loans worth around USD$9 billion over the last 15 years to mostly women in 28 developing nations. ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... Further, ASIC alleges that during marketing telephone calls to consumers Mobi customer service officers made misleading claims about fee savings and equivalent insurance cover if consumers joined the fund. In doing so, ASIC said Mobi provided personal ...