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Showing 871 - 880 of 2305 results for "Life Insurance"

Life insurance loyalty waning

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
More than 240,000 life insurance policyholders switched provider in the 12 months to June 2018, while a further 766,000 considered switching. According to the latest figures from Roy Morgan, more than one million risk and life insurance policies had ...

TAL acquires Suncorp Life

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
Following a strategic review, Suncorp will sell its life insurance business to TAL. TAL Dai-ichi Life and Suncorp have entered into a non-binding Heads of Agreement that will see TAL acquire the business for $725 million. The agreement includes a 20-year ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
NULIS Nominees resisted increasing its spend on investment management, despite opinions from its super fund portfolio manager and asset consultant that its current investment fee budget wasn't adequate to boost the performance of its lagging MLC ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... retail life insurer. "Our acquisition of the OnePath Life business reflects both our commitment to the Australian life insurance market and our belief in the underlying quality of the business the ANZ and OnePath team has built," Howell said. "This transaction ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
... MLC Life Insurance's David Hackett. In May's Federal Budget, the Government said by 1 July 2019, group life insurance will move from a default framework to an opt-in extra for those with balances less than $6000, accounts that haven't received ...

Life insurers cautious about My Health Record

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
... claims and applications in a timely way. "Commlnsure will request additional information from a customer to assess a life insurance application or claim. We discuss with them what kind of information we need to process their application claim - ideally ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... Media Super has reappointed Hannover Life Re as its group insurer from July 1. In doing so, the fund has reduced life insurance premiums by 20%. Premium reductions were made possible primarily by remodeling policy and cover to produce a sustainable set ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... Financial Services Council is launching a multi-million-dollar data project that will aggregate and distribute life insurance industry data. FSC chief executive Sally Loane announced the project's delivery in Melbourne today, the culmination of two ...

Grandfathered commission debate an overreaction: AFA

JAMIE WILLIAMSON  |  THURSDAY, 26 JUL 2018
... grandfathered commissions. "He estimated between 60 and 70%, but he was talking about all types of commissions. He included life insurance and other forms of trail commissions - not just super and investment products," Anderson said. Investment Trends ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... stakeholders for better outcomes. Later today, a panel will address the Productivity Commission recommendations on life insurance in superannuation, featuring Productivity Commission deputy chair Karen Chester who wrote the report, as well as executives ...